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ESSARPOWER
Essar Power's renewables division appoints Ankur Kumar as CEOAnkur Kumar, CEO of Essar Power renewables, leads the transition to green energy in India. With vast experience, he collaborates to drive E...- Essar Power to sell transmission asset to Adani for Rs 1,913 croreEssar Power Transmission Company Limited (EPTCL), an arm of Essar Power, has 465-km transmission lines across three Indian states. The asse...
- Essar Power commissions system to cut sulphur emissions by 25%"Essar Power, one of Essar Global Fund's key investments in the Energy portfolio, has commissioned its first flue gas scrubber at the Essar...
- Essar Power to set up 90 MW solar plant in Madhya Pradesh for Rs 300 crore"The board of Essar Power Ltd, an investee company of Essar Global Fund (EGFL), has approved an investment of Rs 300 crore in a 90 megawatt...
- Essar Power generation up 49 per cent at 11.33 billion units in FY17The generation was up 57 per cent for the January-March quarter of 2016-17 at 2.92 BUs compared to 1.86 BUs in the year-ago period, Essar P...
- 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 expects to turn profitable this yearEssar Power CEO KVB Reddy, said: "Over the last two years, increased coal availability, both from domestic and overseas suppliers, as well ...
- Essar Power seeks review of Tokisud mine termination noticeEssar Power had paid the first installment in time but defaulted on the second and third installments, the official said.
- Essar loses coal mine for non-payment, may be barred from CIL supply tooEssar Power, like all other power companies that won coal mines, had agreed to forego mining costs and instead pay the state government pre...
- Essar Power Gujarat posts Rs 1 crore net profit in June quarterIn the June quarter, plant availability improved by 82 per cent, leading to a robust growth in sales, which stood at Rs 522 crore, up from ...
- Essar to lose mine for not paying upfront amountThe coal ministry is likely to scrap allotment of the mine to the company, citing default in payment of Rs 17.58 crore instalment that was ...
- Focussing on getting stuck projects operationalised: Essar PowerThe company is burdened with Rs 20,369 crore debt and is evaluating possibilities of reducing it.
- Essar Power may repay its Rs 2000 crore debt in next 2 yearsEssar Power expects to repay its entire Rs 2,000-crore debt over the next two years and become a zero-debt company by 2017-18, its Executiv...
- LIC may sue Essar Power for missing interest payments on 11-year bondsEssar Power is among infrastructure companies that haven’t been able to keep up with payments as projects got stalled over delays in approv...
- Essar Power may begin production at Jharkhand coal mine next yearEssar Power is likely to begin the production at its Jharkhand coal mine early next year.
- Essar Power raises Rs 1,000 cr via bonds to refinance debtThe power utility said that the rupee denominated bonds will be listed on the Bombay Stock Exchange and will be repaid from 2017 to 2024.
- Essar Power raises Rs 750 crore via bond saleEssar Power has completed an 11 year, Rs 750 crore (~$125 million), rupee denominated bond offering, the company said.
- Acquisition of Navabharat Power transparent, legitimate: Essar PowerEssar Power said its acquisition of NPPL - one of the five cos raided by the CBI in connection with the coal block allocation scam - was tr...
- Essar Power plans foray into distribution businessEssar Power plans to enter the electricity distribution business and has applied for licences in Maharashtra and Bihar.
- Essar Power to terminate 800 mw PPA with GujaratEssar Power Limited that agreed to supply 800 mw of power for next 25 years at Rs 2.80 per unit wants to terminate its agreement with Gujar...
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