news topics: energy

Ahmedabad, December 14, 2023: Essar signed three Memorandums of Understanding (MOUs) with the Government of Gujarat for a total investment of Rs 55,000 crore ahead of the Vibrant Gujarat Global Summit 2024. Essar is in a renewed phase of making strategic investments in the field of Energy Transition, Power and Port sectors in the state. […]

“The RBI’s latest Monetary Policy, emphasises a cautious decision to maintain the policy repo rate at 6.50 percent. The upward revision of the real GDP growth forecast to 7 percent for 2023-24 from 6.5 percent shows the buoyancy in the Indian economy. With the taming of inflation, we expect a reduction in the interest rates […]

Stanlow, 5 December, 2023:  Essar Oil UK is pleased to announce the appointment of Nimish Khare to the position of Chief People Officer.  Nimish is a growth-focused HR leader with more than two decades of experience of engagement, employee relations, talent and performance management in the UK and Europe.  With extensive experience in the information […]

Ruia’s-owned Essar Oil UK will invest $3.6 billion into a range of energy-efficiency and carbon-capture initiatives over the next four to five years. This will enable the company to decarbonise its production processes by 2030, chief executive officer Deepak Maheshwari said. “Our focus is to decarbonise all the production processes,” he said. Of the $3.6 […]

Essar Power Gujarat Limited has reached a significant milestone today as it announces the successful shipment of its inaugural export cargo of high-quality Fly Ash to Dubai. This momentous occasion, is marked by the fact Essar Power, which has always been into imports of Coal, has for the first time exported Fly Ash. The company […]

Essar Oil UK was an associate sponsor of the prestigious Financial Times’ Energy Transition Summit in London. The 8th edition of the Summit brought together senior leaders from the energy, finance, and business sectors to share essential insights and practical strategies for advancing the energy transition. The event served as a platform for addressing the […]

Last week, Viral Gathani, Senior Managing Director of Essar Energy Transition (EET), was delighted to present at the Institute of Directors’ (IOD) ‘London Global Convention on Corporate Governance and Sustainability.’  After an inaugural address from His Excellency, Vikram Doraisami, High Commissioner of India to the UK, Viral joined highly esteemed guests and distinguished keynote speakers as […]

Deep inside Essar’s sprawling oil refinery on the banks of the river Mersey, a £200mn machine smashes the molecules in crude oil to help produce millions of litres of diesel, petrol and jet fuel every day for the UK transport industry.  The catalytic cracker is the moneymaking engine of the Stanlow refinery. “Without this unit […]

As India forges ahead into a new era of energy transformation, EOGEPL emerges as a pivotal player, standing as the largest Coal Bed Methane (CBM) producer in the nation. This dynamic energy giant is currently on a rapid growth trajectory, mirroring its commitment to shaping India’s evolving energy landscape. In alignment with this transformative phase, […]

An article by Mr Tony Fountain, Managing Partner, Essar Energy Transition and Non-Executive Director, Essar was published by The Confederation of Indian Industry (CII)