Essar Power Gujarat Limited Celebrates Landmark Fly Ash Export to Dubai
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) CEO, Mr. Deepak Maheshwari, shares insights on carbon capture at FT Energy Transition Summit
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 […]
London Global Convention on Corporate Governance and Sustainability
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 […]
‘We need a decarbonisation strategy’: climate shift threatens UK oil refineries
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 […]
EOGEPL unveils a digital gateway to its CBM prowess
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, […]
The time is now….
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)
eet fuels selects Mitsubishi Heavy Industries as technology licensor for EET Industrial Carbon Capture
6 October 2023 – eet fuels Limited (EOUK), the leading integrated downstream energy company, announces that it has completed the selection of a key licensor technology provider and signed a contract for the development of the required basic engineering design package for its new EET Industrial Carbon Capture facility based at Stanlow, UK. This is […]
Essar’s senior leadership share their views on RBI Monetary Policy – October 2023
Sanjay Palve, Senior Managing Director at Essar Capital Ltd. “The Reserve Bank of India’s decision to keep the repo rate unchanged at 6.50% and maintain a ‘withdrawal of accommodation’ stance, today demonstrates a responsible approach to monetary policy and aligns with our expectations in this dynamic economic scenario. This constancy offers businesses a clear and […]
Essar successfully completes financing $150m receivables portfolio
Stanlow, UK, 3 October 2023: Essar Oil UK (EOUK) is pleased to confirm it has successfully completed the financing of a $150 million receivables portfolio with Hamburg Commercial Bank AG (“HCOB”) and Mizrahi Tefahot Bank Ltd (“UMTB”). This new facility will be used for working capital and general corporate purposes. The successful closure of this […]
Essar partners with FICCI for India’s Energy Transition Summit 2023
Essar sponsored the Federation of Indian Chambers of Commerce and Industry (FICCI) for India’s Energy Transition Summit 2023 in Delhi, which took place on the 25th and 26th of September 2023. The India Energy Transition Summit 2023 organised a series of impactful addresses from key figures in India’s energy sector. The dignitaries outlined the nation’s […]