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VADINAR POWER COMPANY
India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicalsIndia and Russia are deepening energy ties. Discussions have focused on gas supplies and joint ventures for hydrocarbon development. Russia...
Nayara Energy cuts debt by Rs 4,600 croreNayara Energy has cut its debt by Rs 4,600 crore in two years since the Rosneft-led consortium acquired the unit, an executive claimed. It ...
Ruias shave off 67 per cent of Rs 1.05 trillion group debt with EOL saleEssar Group founder Shashi Ruia said this landmark transaction and the resultant debt reduction usher in a new phase of growth across the g...
Essar Oil shares plunge after Roseneft acquires 49% stakeNegotiations on valuation between the two sides are in the final stages, according to people familiar with the matter.
Essar Oil to convert over $1 billion worth of rupee loan into dollar debt'Being a fully dollar-driven company, it makes immense sense for us to de-risk our business from currency fluctuations by converting our lo...
Essar Oil gets shareholder nod for acquiring Vadinar PowerEssar Oil’s shareholders have accepted the proposal to acquire a group company and making investments in another at its extraordinary gener...
Weak rupee hurts Essar Energy's profit, reports 7% decline in first-half core earningsLondon-based Essar Energy today reported a 7 per cent decline in its operating profit to $ 543.7 million in the six months to September, fr...
Essar Oil's $340 million Rupee debt converted into dollarsThe company said this in its interim Management Statement (IMS) for the period ended 30 June 2013. It also said that the Vadinar refinery's...
- Essar Power commissions 225 mw in Gujarat unit
Essar Power, which is a subsidiary of London Stock Exchange-listed Essar Energy, added 1,710 mw of generation capacity in the last year.
- Essar Oil shifts from gas to coal; move likely to improve margin at Vadinar refinery by $1 per barrel
Essar Oil says its margin will improve by at least $1 per barrel by switching the fuel at its Vadinar refinery in Gujarat from gas to coal.
- Essar Energy synchronises Vadinar P2 unit 1 to the grid
Essar Energy today said the first of the two 255 MW units at its Vadinar Phase 2 power generation project in Gujarat has been synchronised ...
- Essar Energy to commission power projects by March next year
Essar Energy said it expects to complete three power projects by March next year that would increase its total generation capacity to 4,510...
- 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...
- 20 bidders qualify for next round for Orissa's UMPP
So far, four UMPPs have been awarded, with Reliance Power bagging three and Tata Power executing the fourth one in Gujarat.
- Essar Energy Plc posts 49 pc jump in H1 earnings to USD 477.9 mn
Essar Energy Plc today reported a 49 per cent jump in earnings for the first half of 2011 on the back of higher refinery margins.
- 20 firms like JSW Energy, NTPC, Nalco, Tata Power, Welspun Energy show interest in UMPP project
As many as 20 companies have shown interest in setting up the 4000 MW Ultra Mega Power project at Bedabahal in Orissa, sources said.
- Will complete expansion projects worth $4.9 bn in 2011: Essar
Essar Energy Plc today said it is on track for completion of expansion projects in the oil and power sector worth $ 4.9 bn in 2011.
- Essar Energy starts Ist phase of Vadinar power plant expansion
Essar Energy Plc today said it has commissioned the first phase of the expansion of its Vadinar power plant in Gujarat.
- Essar Energy commissions Phase 1 of Vadinar power plant
The co-generation power plant located next to Essar's oil refinery will produce 220 mw of gas-fuelled power from two units and 630 tph of s...
- Essar consolidates shipping, logistics under Cyprus arm
he Essar group has restructured its shipping and logistics business under Essar Global (EGL).