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.
10 Jul, 2015, 03.48 AM IST
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...
24 Dec, 2014, 07.33 PM IST
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...
06 May, 2014, 06.25 PM IST
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...
23 Aug, 2013, 04.09 PM IST
Essar Power's 600-mw unit begins operationsUnit 2 of Mahan I plant, also of 600MW, is expected to begin commercial operations during the first quarter of the next financial year 2013...
26 Dec, 2012, 02.12 PM IST
- 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.
12 Nov, 2012, 05.17 PM IST
- 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.
25 Jul, 2012, 04.15 AM IST
- 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 ...
25 Jun, 2012, 10.08 PM IST
- 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...
06 Oct, 2011, 11.04 AM IST
- 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.
22 Aug, 2011, 02.55 PM IST
- 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.
17 May, 2011, 02.19 PM IST
- Vibrant Gujarat 2011: Essar Group commits Rs 30,000 cr investment
Essar Group is a major player in the port sector in Gujarat. Its ports and terminals business operates a crude oil and petroleum products t...
12 Jan, 2011, 12.39 PM IST
- 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.
29 Oct, 2010, 02.18 PM IST
- 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...
28 Oct, 2010, 07.30 PM IST
- Reliance to sign gas supply contract with Essar Oil
After months of delay, Reliance Industries is finally ready to sign contract to supply natural gas from its eastern offshore KG-D6 fields t...
10 Sep, 2010, 03.02 PM IST
- Reliance says no to gas supply contracts beyond 60 mmscmd
Reliance Industries has told the government that it will not sign contracts to supply gas from its KG-D6 fields beyond 60 million units a d...
06 Jul, 2010, 04.26 PM IST
- Essar Power ties up Rs 4,860 cr funds for its Mahan project
Private power company Essar Power on Thursday said that it has tied up funds worth Rs 4,860 crore for its Mahan thermal power plant at Sing...
30 Jul, 2009, 04.07 PM IST