Senior leadership comments on the Union Budget 2022-23
“A blueprint budget with a nice touch of green! A bold one with a massive hike in public investment will be the booster dose to restart corporate investments. The infrastructure allocation with a focus on technology will generate employment & help transform tomorrow!” Prashant Ruia, Director – Essar Capital “The Union Budget 2022 is growth-oriented […]
Essar sets up Vertex Hydrogen to help drive energy transition in the UK
Major step in supporting the sustainability of Essar Oil (UK) Limited Stanlow, 26th January 2022: Essar today announced that it has formed Vertex Hydrogen Limited, a transformative new joint venture, with Progressive Energy, to build the UK’s largest hydrogen hub at the Stanlow Manufacturing Complex. Led by Essar as the majority shareholder, Vertex Hydrogen has […]
Essar Capital appoints Mr. Anil Kumar Chaudhary as Group Chief Executive Officer for Metals & Mining vertical
Mumbai, 21 January 2022: Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, announced the appointment of Mr. Anil Kumar Chaudhary as Group Chief Executive Officer for the Metals & Mining vertical. He will be the member of the Executive Committee, and will play a key role in driving the investment strategy and growth […]
Essar provides business, financing and VAT updates
Stanlow, 5th January 2022: Essar Oil (UK) Limited (EOUK) today provides an update on its business, financing and VAT deferral repayments. Customer demand hits 18-month high A stronger trading environment saw the company record its best monthly product sales for 18 months in December 2021 across both fuels and petrochemicals, with demand now back to 95% […]
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