Essar Energy's operations straddle the global power, and oil and gas industries with existing operations and projects under development in both.
The company is one of India's largest private power producers with over 14-year operating track record. Its power business currently has seven operational power plants in India and one in Algoma, Canada, with a total installed generation capacity of 3,910 MW.
In the oil and gas sector, the company has 15 blocks and fields for the exploration and production of oil and gas in India, Indonesia, Madagascar, Nigeria and Vietnam. Total reserves and resources across these blocks is 2,034 mmboe.
Essar Energy's refining and marketing business primarily consists of the Vadinar Refinery in Gujarat. India’s second-largest refinery, and the Stanlow refinery, UK’s second largest refinery. Essar Energy serves retail customers in India through a modern, countrywide network of 2,000 operational and under-construction retail fuel outlets.
In India, the company operates its oil and gas business through Essar Oil, which is listed on the Bombay Stock Exchange and the National Stock Exchange of India. Essar Oil is amongst India’s top 10 companies by revenue.