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ESSAR PLANTS
Nayara Energy crosses 7,000 petrol pumps in IndiaNayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private f...
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore projectMesabi Metallics, a proud member of the Essar Group, has successfully garnered USD 150 million in funding from Macquarie Group. This invest...
Essar awaits final approvals to start work on $4.5 billion steel plant in Saudi ArabiaThe oil-rich kingdom is eyeing becoming an electric vehicle manufacturing hub, manufacturing more than 3 lakh cars annually by 2030. Essar ...
Lenders nominate a resolution professional to administer under stress Essar's Mahan projectThe lenders that include ICICI Bank and Punjab National Bank have picked Jet Airways' current administrator Ashish Chhawchharia to manage t...
ArcelorMittal, Resurgent said to mull joint bid for Essar plantThe companies have held preliminary talks on a potential joint bid for the 1,200-megawatt power plant in Madhya Pradesh, sources said.
Russia’s Tyazpromexport plans to raise Hazira capacityWhile Arcelor has indicated an expansion of Essar unit to 18 million tonnes, a source close to TPE said it is also looking at similar capac...
SC asks Essar to pay Rs 1038.27 crore to Gujarat government as power dutyCounsel for Essar group companies had said its plant was a captive power plant which supplied power to its stake holders.
Supreme Court reserves verdict on Essar's plea on power duty exemptionEssar has been seeking electricity duty exemption for its power plant set up at Hazira but the Gujarat government had rejected its demand, ...
Essar Power's Hazira plant attains 100% capacity utilisation"Essar Power Hazira, a subsidiary of Essar Power, 2x135 MW power project in Hazira was now operating consistently at close to 100% capacity...
Essar Power commissions Hazira unit, completes 270mw projectThe company said commissioning was done in a record 53 days - from IBR hydrotest to final synchronisation - making it among the swiftest in...
Essar Power commissions first unit of 120 MW Paradip Power PlantThe 120 MW coal fired power plant will meet the power requirement of Essar Steel's 12 million tonnes per annum integrated palletisation fac...
Damage to Visakhapatnam pellet plant limited; to resume soon: EssarEssar said the pellet plant's 'sturdy' design and the adequate precautions taken at the plant site before the cyclone hit the plant saved i...
Essar Steel-Inox Air Products deal gets CCI green signalFair trade regulator CCI has cleared Essar Steel's proposed sale of a gas plant in Gujarat to Inox Air Products, owing to no adverse compet...
- Essar Steel raises Rs 2,600 crore for Odisha project
Essar Steel has raised about 2,600 crore in loan for its new project at Odisha that will integrate its steelmaking process and reduce steel...
- Ruias-led Essar Power to invest $8 billion in thermal power projects in nxt 3 years
Ruias-led Essar Power has earmarked an investment of $8 billion in the next three years for setting up thermal power projects in the countr...
- Essar ties up funds for power project
Essar Power, the utility arm of the Essar group, on Thursday said it has tied up the debt required for the Rs 4,860 crore, 1200 megawatt th...
- Bangladeshi consortium sign deal with Indian Essar Group
A consortium of four Bangladeshi steel companies has signed a deal with India's Essar Group to set up the country's first hot-rolled steel ...
- Power-point: Essar homes in on Bengal
The Essar Group has submitted a proposal before the West Bengal government to set up a 500-MW thermal power plant in the state, for which i...
- Essar plans 1,000 MW power plant in Chhattisgarh
Essar Power would invest Rs 4,000 crore for setting up a 1,000 MW coal-fired power plant in Chhattisgarh, a senior Essar group official sai...