Promoting inclusive education and spreading joy
UMANG – A platform for Essar Ladies Club (EPMPL) organised a function on 15th October for children with special needs at Waidhan, Singrauli (MP). These children with special needs (include visually impaired, hearing impaired and intellectually challenged) fall in the age group of 6 to 14 years and are receiving inclusive education under Sarva Siksha […]
Essar Foundation concluded a comprehensive eye screening camp for school children in Malkangiri, Odisha
Over a lakh children in Malkangiri receive comprehensive eye-screening under Project Bal Jyoti ‘We cannot accomplish all that we need to do without working together.’ It is an accepted fact that partnerships have accomplished a great deal in working towards progress. Malkangiri district of Odisha shows the way to doing it efficiently. The recently concluded […]
Essar Projects congratulates GMB for inauguration of India’s first Ro-Ro ferry project by Hon’ble Prime Minister Shri Narendra Modi
Bhavnagar, 22 October 2017: Essar Projects, which is the principal EPC contractor for India’s first Ro-Ro ferry project that was inaugurated here today by Honourable Prime Minister Shri Narendra Modi, congratulated the Gujarat Maritime Board (GMB) on reaching the milestone. A GMB project of national significance, the RoRo ferry will bring down the travel time between […]
Essar Ports registers 19% growth in cargo handling in H1 FY17-18
Mumbai, 11 October 2017: Essar Ports handled 17.35 million tonnes of cargo in the first half of FY 2017-18, registering 19% growth when compared to the cargo handling in the corresponding period in FY 2016-17. The company also registered 7% growth in cargo handling in the quarter ending 30 September 2017, when compared to the same […]
Essar Foundation trained Teachers on vision screening of students
Reduced vision because of uncorrected refractive errors is a major public health problem in school children in India. Vision screening should be done to identify children with unsuspected remediable conditions, so that treatment can be offered before educational and social progress is affected. The conditions that are commonly detected in eye screening in school children […]
Statement by Essar Power in response to media article
Mumbai, 10 October 2017: Essar Power Gujarat (EPGL) has taken objection to an article appearing in a section of the press, the contents of which seem to misinform the public that the issue is specific to EPGL. Reacting to the article, Mr V Ashok, Chief Financial Officer, Essar, said: “Essar’s proactive stance in trying to protect value […]
Essar invests Rs 830 crore to double Vizag Port iron ore handling capacity
Visakhapatnam, 24 September 2017: Essar Ports, India’s second largest private port operator that has an operational capacity of 82 MTPA, today announced that its Rs 830-crore expansion plan to upgrade the iron ore handling capacity of the Vizag Terminal (outer harbour) from 12.5 MMTPA to 23 MMTPA is nearing completion. On completion, the upgraded terminal will […]
Essar Oil UK plan to invest $250 million in capex and maintenance at Stanlow to ramp up throughput, improve yields and revenues
Announcement follows strong Q4 figures to cap robust FY17 performance Q4 FY17 (March ending) highlights FY17 (March ending) highlights London, September 6th 2017: Essar Oil (UK) Limited, which owns and operates the Stanlow Refinery, today confirmed significant capex investment and reported strong Q4 figures and financial results for the financial year ending March 31st 2017. Operational […]
Essar Oil public shareholders to receive an additional Rs 880 crore or Rs 75.48 per share over delisting price
Mauritius, 22 August 2017: Essar Energy Holdings Limited (EEHL) and Oil Bidco (Mauritius) Limited (OBML), the Promoters of Essar Oil Ltd (EOL), are pleased to announce that they will pay to former minority shareholders, who tendered EOL shares in the Delisting Offer, an additional amount of Rs 75.48 per share, based on the current closing numbers, […]
Essar Energy and Oil Bidco Successfully Conclude Sale of Essar Oil Limited to Rosneft and Trafigura-UCP Consortium for US$12.9 billion
Mauritius, 21 August 2017: The controlling shareholders of Essar Oil Limited (EOL)—Essar Energy Holdings Limited and Oil Bidco (Mauritius) Limited, both companies incorporated and managed under the laws of Mauritius—are pleased to announce the successful conclusion of the sale of 98.26% of EOL. Rosneft (through its subsidiary, Petrol Complex Pte. Ltd) has acquired 49.13% stake, and […]