Essar Energy
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In 1969, Shashi Ruia won a major contract worth Rs. 2.3 crore for the construction of an outer breakwater for Chennai Port, thus laying the foundation of Essar Group. In 1991, Essar became India's first Independent Power Producer (IPP) and started a 515 MW cycle power plant at Hazira.
Apr 6, 2021 · The Ruias still own the profitable Stanlow oil refinery in the U.K. through privately held Essar Energy. Since 2017, the brothers have repaid $20 billion in debt.
Shashi Ruia and Ravi Ruia, commonly referred to as the Ruia Brothers, are Indian billionaires, and the owners of Essar Group, founded in 1969. In 2012, Forbes named the Ruia brothers as the world's richest Indians with a net worth of US$7 billion.
Dec 18, 2023 · Who is the current owner of Essar? The Ruia family is the founding family of Essar, which includes Shashi Ruia and Ravi Ruia, and their children Prashant Ruia, Anshuman Ruia, Smiti Kanodia,...
Prashant Ruia is a second-generation entrepreneur who belongs to the founding family of Essar Group. Having been inducted into the business at an early age Prashant at 55 is an industry veteran. He has been at the helm of decision making for the Essar Group for more than four decades.
Essar Group is an Indian multinational conglomerate and construction company, founded by Shashi Ruia and Ravi Ruia in 1969. As Essar Global Fund Limited (EGFL), the company controls a...
Jun 17, 2024 · Essar Group, founded by brothers Shashi and Ravi Ruia in 1969, encompasses sectors such as energy, metals, and technology. Prashant Ruia, director of Essar Capital, believes this cohesion stems from aligned goals and personal space, cherishing the bonds that span generations.
creating history. Accelerating marine infrastructure across india’s exceptional coastline. Building energy infrastructure that would serve the needs of a thriving open economy. Investing and collaborating for a global, carbon-free world. Impacting core sectors of the economy.
The Essar group operates a number of world-class assets diversified across the core sectors of energy, metals & mining, infrastructure (comprising ports and EPC businesses) and services...
Board of Directors. EEPL’s board includes business and industry veterans who bring a wealth of knowledge and experience, who are paving the way towards a sustainable tomorrow.
