SBI moves SC, seeks amendment in pacts between power cos, discomsThe top court by its order of April 11, 2017 had set aside the decisions of the CERC and Appellate Tribunal for Electricity allowing the po...
24 Oct, 2018, 05.48 PM IST
Lenders move to take control of Essar Power GujaratThe decision to acquire 51% equity interest has been taken weeks before a slice of the Rs 4,500-crore outstanding loan gets the tag of non-...
10 Oct, 2017, 12.48 AM IST
Essar Power asks lenders to work on debt recastEssar Power Gujarat Ltd had filed a petition seeking an increase in tariff, citing higher global coal prices, but feels its request may not...
12 May, 2017, 12.59 AM IST
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.
02 May, 2017, 09.13 PM IST
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, ...
03 Apr, 2017, 06.32 PM IST
Essar Power Hazira's 2x135 MW power project touches 100% capacity utilisationThe plant can run on multiple fuels, like coal, corex fines and Corex gas, simultaneously. It can also utilize excess gases from the proces...
03 Mar, 2017, 07.16 PM IST
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 ...
20 Sep, 2016, 03.48 PM IST
Essar Power expects to make profits in FY17EPGL, which owns and operates a 1,200 mw imported coal fired thermal power plant at Salaya in Gujarat meets 9 per cent of the Gujarat's ove...
12 May, 2016, 11.11 AM IST
Essar Power Gujarat September quarter loss narrows to Rs 89 croreLoss was lower despite a 8 per cent drop in revenue to Rs 455 crore in the July-September period, the company said in a statement here.
02 Nov, 2015, 06.51 PM IST
Gujarat rejects claim of forced land acquisition for EssarGujarat government rubbished allegations of Congress regarding forced land acquisition for the Essar group, by claiming that all norms were...
05 Jul, 2015, 11.12 PM IST
Adani Power is top private electricity seller to Gujarat GovernmentAPL was followed by Coastal Gujarat Power Company, which sold 9,081 MU in 2013 at Rs 2.68 per unit in 2013 and 11,573 MU at Rs 2.44 in 2014.
26 Feb, 2015, 11.19 PM IST
Gujarat Urja Vikas Nigam passed on undue benefit of Rs 587 crore to Essar Power: Comptroller and Auditor GeneralThe CAG report on the state-run Public Sector Undertakings (PSUs) was tabled in the Gujarat Assembly on the last day of the Budget session ...
25 Jul, 2014, 07.46 PM IST
- Gujarat Power Discom slaps record penalty on Essar
A record penalty of 2,300 crore has been slapped on the Essar group for drawing more power than its sanctioned limit.
30 Sep, 2011, 07.05 AM IST
- Essar Power to terminate 800 mw PPA with Gujarat
Essar 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...
25 Aug, 2011, 10.37 AM IST
- Essar Energy delays Salaya-1 Project in Gujarat
Sources say Essar Energy and GUVNL are in consultation for the waiver of penalty, decision is expected in the next 10-15 days.
03 Mar, 2011, 06.31 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 Power signs PPA for Salaya II power plant
Essar Energy plc, today said that its indirect subsidiary, Essar Power Gujarat Limited (EPGL), has signed a Power Purchase Agreement (PPA) ...
17 May, 2010, 06.06 PM IST