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Significant Essar Group companies include Essar Oil UK, Essar Ports, Essar Oil & Gas Exploration & Production, Essar Shipping, Essar Power, and Essar Projects. History. 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. [4]
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The Company undertook specialised marine construction. activity, offshore installations, drilling for oil and gas and. manufacture of hot briquetted sponge iron. - The Company is a part of...
Oct 16, 2019 · New Delhi, Oct 15 (IANS) Despite aggressively deleveraging the balance sheet to the tune of Rs 1,40,000 crore through monetisation of several key assets, the existing businesses of Essar Group in the sectors of energy, infrastructure, metals & mining, services and technology, have a combined revenue of $13 billion, or almost Rs 100,000 crore ...
Dec 16, 2019 · KOLKATA: ArcelorMittal, the world’s biggest steelmaker, on Monday said that it has completed the acquisition of Essar Steel India Limited (ESIL), which at Rs 42,000 crore is the largest stressed-asset deal to be closed in the country.
Aug 21, 2017 · Controlling shareholders in Essar Oil - Essar Energy and Oil Bidco (Mauritius) - sold 98.26 per cent to Rosneft, Swiss commodity trading company Trafigura, and Russian private fund UCP...
