press release year: 2022

14 December 2022: Vertex Hydrogen is delighted to announce the signing of a ‘Heads of Terms’ offtake agreement for 300+ megawatts of low carbon hydrogen with Encirc. Encirc, part of the Vidrala Group, is a leading container glass manufacturer – responsible for approximately a third of the containers made for the UK and Republic of […]

Mr Sanjay PalveSr. Managing Director, Essar Capital Mr Rajiv Agarwal,Operating Parter (Infrastructure), EssarMD & CEO, Essar Ports Mr Pankaj KalraCEO – Essar Exploration & Production

Odisha, 01 December 2022: Mr. Prashant Ruia, Director, Essar Capital today attended the third edition of the Make in Odisha Conclave’22 and outlined Essar’s investment plans in the state of Odisha. Mr. Ruia was present along with other business leaders and dignitaries at the flagship investor summit of the Government of Odisha, which was inaugurated by […]

Stanlow, 30th November 2022: Essar Oil UK Limited (“Essar” or “the Company”) today announces its plan to build a £360 million major new carbon capture plant at its Stanlow refinery in line with its ambition to become a leading low carbon refinery by 2030. Essar is investing over £1 billion into a range of energy efficiency, […]

10 October 2022 – Essar Oil UK, the leading downstream energy company, has announced the appointment of Mark Palios, chairman and co-owner of Tranmere Rovers FC, as an independent non-executive board director, effective from 5 October 2022. The appointment of the well-known North West-based businessman comes at a key juncture for Essar as it delivers on […]

Stanlow, 4 October 2022:  Further to its announcement on 7 July 2022, Essar Oil UK has welcomed eight exceptional individuals to its graduate development programme, as the company continues to invest in the UK energy transition. After a competitive selection process, the graduates, who begin their three-year graduate development programme yesterday, all come from engineering, […]

“MPC’s decision announced today of hiking repo rate by 50 bps to 5.9% was broadly along the expected lines. With the financial markets and the global economy facing a turmoil due to various geo political situations and alarming high inflation levels. With liquidity withdrawal measures and interest rate hikes, the global economic landscape continues to […]

Stanlow, 28 September 2022: Essar Oil UK Limited (Essar) announces it has signed a ‘Heads of Terms’ offtake agreement with Vertex Hydrogen (Vertex) for the supply of 280MW+ of Hydrogen. The hydrogen will then be used to help decarbonise Essar’s existing production facilities including the new hydrogen powered furnace which was delivered in August this […]

Mumbai, September 17, 2022: Sitting on the crown of Indian Ocean, India is blessed with a 7,500 km long coastline bestowing plethora of exclusive advantages. Understanding the strategic location and tremendous potential of the coastline while focusing on the importance of creating awareness towards environment conservation, Essar today joined hands with Indian Coast Guard for the […]

Essar signs $2.4bn (₹19,000 crore) sale pact with AM/NS for infra assets Mauritius/Mumbai, August 26, 2022: In one of the largest post-pandemic M&A deals in India, Essar today announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant operations. The deal […]