Essar Projects wins over USD 62 million contract from Govt of Papua New Guinea
Mumbai/Dubai, December 23, 2020: Essar Projects Ltd, a part of Essar Capital’s technology and services portfolio, today said its subsidiary Essar Projects PNG (EPPNG) has won a contract worth over USD 62 million from the national government of Papua New Guinea to construct a provincial headquarters and associated works in the Jiwaka province. The contract was […]
AGC Networks completes the Acquisition of Pyrios
Dallas, Texas / Pittsburgh, Pennsylvania / Mumbai, India / Auckland, New Zealand: August 13, 2020: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), a Global Solutions Integrator and an Essar enterprise, today announced that it has completed the acquisition of Pyrios Pty Limited (Australia) and Pyrios Limited (New Zealand) through its indirect subsidiary – Black Box Networks Services Australia […]
Raniganj CBM block can generate annual revenue up to Rs 1,800 crore: Vilas Tawde, MD & CEO, EOGEPL
New Delhi: Raniganj coal bed methane (CBM) block of Essar Oil & Gas Exploration & Production Ltd (EOGEPL) in West Bengal can generate annual revenue in a range between Rs 1,700 crore and Rs 1,800 crore at peak production levels, Managing Director and Chief Executive Officer Vilas Tawde said. The Raniganj CBM field has 350 […]
Gas Exchange can facilitate trading of coal bed methane in a short term market: Vilas Tawde, MD & CEO, EOGEPL
ETEnergyworld We are eagerly waiting for the commissioning of the Urja Ganga pipeline for sale of our entire gas to GAIL as per our gas sales and purchase agreement with them, said Tawde Mumbai-based Essar Oil & Gas Exploration & Production Ltd (EOGEPL) will soon evacuate gas from the Raniganj block through GAIL’s Urja Ganga […]
AGC Networks To Acquire Fujisoft in Middle East
Proposed acquisition is subject to approval from Department of Economic Development in Dubai and from Abu Dhabi Department of Economic Development for the company in Abu Dhabi. Mumbai, India / Dallas, Texas / Pittsburgh, Pennsylvania: May 31, 2020: AGC Networks Limited, (BSE: 500463 and NSE: AGCNET), a Global Solutions Integrator and an Essar enterprise, today announced […]
Covid-19 Impact: Liquidity crunch for power generators impacting fuel, O&M expenses: Kush S, Essar Power
The power sector is going through a challenging phase with many power plants getting stranded, Kush S, Director and Chief Technical Officer at Mumbai-based Essar Power, which operates generation capacity of 3,245 MW, tells ET Energy World in an exclusive interview. Edited excerpts.. Can you share a brief overview of Essar Power’s installed capacity, under-construction plants and […]
Jindal, Ruia pin hope on ₹20-lakh-cr booster package
The Hindu BusinessLine The ₹20-lakh-crore package to boost economy in 2020 unveiled by Prime Minister Narendra Modi has been received well by India Inc. Sajjan Jindal, Chairman, JSW Group, said the package is predicated to make the economy self-reliant by leveraging India’s inherent strengths of demographics, technological skills and domestic demand by building infrastructure and […]
Ruias-led Essar committed to India’s growth story
Mumbai, March 5 (IANS) The Ruias-led Essar is committed to the India growth story after an aggressive debt reduction of Rs 1.4 lakh crore over last three years. This is the message Ravi Ruia and Prashant Ruia have conveyed to banks and fund houses just before Essar’s 50th anniversary celebrations. The Ruias’ Essar Group has […]
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