Essar Planning to Invest Rs 30,000 Crore for Green Hydrogen Plant
The metals-to-infrastructure conglomerate Essar Group intends to invest Rs 30,000 crore over the course of the following four years in order to build a green...
Tag : Essar
Adani Energy Successfully Acquires Essar’s Mahan-Sipat Transmission Assets
Adani Energy Solutions announced on Thursday that it had successfully completed its acquisition of Essar’s Mahan-Sipat Transmission assets, which have a total enterprise value of...
Essar Inks 3 MoUs in Energy, Power and Ports sectors with Gujarat Government worth Rs 55,000 Crore
Indian conglomerate Essar inked three Memorandums of Understanding (MOUs) with the Government of Gujarat for a total investment of Rs 55,000 crore or $6.6 billion...
Supreme Court Halts Arcelor’s Payment for Essar Steel
India’s top court stopped ArcelorMittal from making a payment to lenders to buy Essar Steel India Ltd., extending billionaire Lakshmi Mittal’s wait to enter the...
Essar Steel lenders revolving around the options after NCLAT advice
Out of all the options, Creditors to Essar steel are weighing three options, one of which has to be reported before an appellate bankruptcy court...
Ruia draw NCLAT To Balk ArcelorMittal's Buying Of Essar Steel
NCLT Ahmedabad had approved the lenders plan to global steel giant ArcelorMittal to take over Essar steel. NCLT has suggested that the payment of 42,000...
Essar announces sell of BPO company Aegis for $275-300 million
Essar Group has announced the sale of its BPO company Aegis Ltd for an estimated $275 to 300 million to Singapore based private equity fund...
Essar is going to expand capacity at Hazira Port with Rs 800 crore investment
Essar Bulk Terminal (EBTL) will be expanding its bulk cargo handling capacity at Hazira Port to 50 million metric tonne per annum from existing 30...
Essar will invest up to Rs 1,000 crore in West Bengal by FY 18
Essar is going to invest Rs 700-1,000 crore in West Bengal for increasing coal-bed methane (CBM) production at Ranigunj although it could jump significantly if...
Essar has announced sale of business park in Mumbai for Rs 2,400 crore
Essar Group has announced the sale of its Equinox Business Park that comprises of 1.25 million sq ft office space at prime Bandra-Kurla Comlplex (BKC)...