Essar Power had paid the first installment in time but defaulted on the second and third installments, the official said.

The company has agreed to pay the final upfront payment of Rs 17.58 crore for the block it had won in an aggressive bidding along with a pe...

In 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 ...

Mahan's Unit-I began commercial operations in April 2013 but had to suspend operations because of non-availability of coal.

Reddy has more than 32 years of experience in the power industry and has been involved in executing all the power projects of Essar.

Negotiations on valuation between the two sides are in the final stages, according to people familiar with the matter.

Essar expects to commission the second 600 MW unit of Mahan I project this fiscal, taking its overall installed generation capacity to over...

Essar Energy is changing gears to push its laggard power business by roping in top talent from Reliance Power, Jindal Steel & Power, and GV...

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 Energy Plc's power utility arm has received forest clearance from the government for its Mahan coal block.

Most government employees join private firms post retirement, but there are some who leave early for bright prospects and fat pay packages.

Essar Steel has commissioned a 19 MW heat recovery power plant at its Hazira unit of Gujarat, which is likely to reduce the power cost of t...

Essar Power plans to enter the electricity distribution business and has applied for licences in Maharashtra and Bihar.

Essar Energy said it signed power purchase agreement with Bihar State Electricity Board for supply of 300-mw power from upcoming 1,200-mw c...

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 Group is a major player in the port sector in Gujarat. Its ports and terminals business operates a crude oil and petroleum products t...

Essar group said it will procure capital goods from China worth five billion dollars in the next three years to execute various projects