TAG: "Essar"

News

RBI’s 50 bps Repo Rate Cut Fuels Energy Optimism Amid Easing Inflation Outlook

The twin developments, rate cut and neutral stance are being widely interpreted as a calculated push to stimulate credit demand and energise core sectors, particularly renewable energy.

Essar | June 06, 2025 | By Abha Rustagi |  547

GreenLine Partners with Bekaert to Decarbonise India's Road Logistics

The partnership was flagged off with the deployment of GreenLine’s LNG-powered trucks at Bekaert’s Ranjangaon Plant, marking the beginning of a pilot phase that aims to significantly reduce the carbon footprint of Bekaert’s logistics operations.

Essar | April 25, 2025 | By News Bureau |  549

Essar Renewables Signs MoU with GoM at WEF to Develop 2GW of Renewable Energy

Essar Renewables Ltd (ERL) has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum (WEF) in Davos. The MoU paves the way for Essar Renewables’ proposed investment in the state, with plans to develop 2 GW of renewable energy capacity for its green mobility initiative.

Essar | January 22, 2025 | By News Bureau |  600

AESL Acquires Essar’s Operational Mahan-Sipat Transmission Assets

Adani Energy Solutions Ltd (AESL) has acquired 100% stake in Essar Transco Limited after obtaining requisite regulatory and other approvals for an Enterprise Value of INR 1,900 crores.

Essar | May 16, 2024 | By News Bureau |  1442

Essar Group and Desert Technologies Ink MoU for Developing RE Solutions for Essar’s KSA Green Steel Project

Through this collaboration, DT and Essar will develop solutions for RE generation and storage for Essar’s Flat Steel Complex in the KSA which is the first green steel project in the GCC region and will also explore opportunities for other potential projects.

Essar | September 12, 2023 | By EI News Network |  1968

Mike Mackay Joins Essar UK as CTO

Essar announce that Mike Mackay has been appointed to the role of Chief Transformation Officer at Essar Oil UK. Mike will also join the company’s Executive Leadership Team.

Essar | March 28, 2023 | By News Bureau |  2470

Essar Unveils EET to Outlay USD 3.6 Billion in Energy Transition in UK and India

Essar Group has invested in Energy, Metals and Mining, Infrastructure and Technology sectors declares about the making of Essar Energy Transition (EET) to surge the creation of the UK’s energy transition hub in North West England.

Essar | February 27, 2023 | By EI News Network |  2104

Essar Inks $2.4bn Sale Pact with Arcelor Mittal Nippon Steel for Ports and Power Infra Assets

In one of the largest post-pandemic M&A deals in India, Essar has signed definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) worth USD 2.4 billion (Rs 19,000 crore) for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant operations.

Essar | August 26, 2022 | By Manu Tayal |  2541

Articles

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Interviews

Hydrogen, Biofuels, and LNG: Essar’s Multi-Pronged Strategy for a Greener Future

Deepak Maheshwari, CEO at Essar Energy Transition (EET) Fuels

Essar | February 27, 2025 | By News Bureau |  736