| Contact Details |
| Contact Address: |
Essar House 11, Keshavrao Khadye Marg
Mahalaxmi
Mumbai, MH, 400 034
| | Ahmedabad Branch: | Essar Power Ltd.
Essar House Opposite Gujarat College Ellisbridge
Ahmedabad, GJ, 380006
Phone : +91-79-66086666
Fax : +91-79-66086608
| | Hazira Branch: | Essar Power Ltd.
Essar Steel Limited 27th KM Surat Hazira Road
Hazira , GJ, 394 270
Phone : +91-261-2872400
Fax : +91-261-2872796
| | Chennai Branch: | Essar Power Ltd.
77, CP Ramaswamy Road
Abhiramapuram
Chennai, TN, 600018
Phone : +91-44-24991992
Fax : +91-44-2499 4922
| | New Delhi Branch: | Essar Power Ltd.
Prakash Deep Building-10th floor
7 - Tolstoy Marg
New Delhi, DH, 110001
Phone : +91-11-43501000
Fax : +91-11-43501046
| | Visakhapatnam Branch: | Essar Power Ltd.
Essar Steel Limited Scindia Road
near flyover
Visakhapatnam, AP, 530004
Phone : +91-891-2559901
Fax : +91-891-2559383
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| News |
Essel Group to sell 205 mw solar assets to Adani Green Energy
Posted on 30th August 2019 |
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Multi-faceted business conglomerate Essel Group has taken another step towards its overall process of asset divestment. The group on Thursday said that it has signed an agreement with Adani Green Energy to sell 205 megawatt (mw) projects. The operating solar assets of Essel Green Energy Pvt Ltd and Essel Infraprojects Ltd, located in Punjab, Karnataka and Uttar Pradesh, are being sold at an enterprise value of Rs 1,300 crore, the group said in a statement. Read More |
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NCLT no to Essar Power proposal to settle dues for Jharkhand unit
Posted on 31st May 2019 |
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The National Company Law Tribunal (NCLT) has rejected the proposal of Essar Power Jharkhand to settle its dues to the lenders, led by ICICI Bank. The NCLT will take up the matter for further hearing on June 7. ICICI Bank moved the NCLT in January 2018 to recover its dues. Essar Power Jharkhand owes creditors (operational and financial) a total of around `4,393 crore. Read More |
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Essel Group in talks with Adani, CPPIB, Engie for sale of solar assets
Posted on 2nd May 2019 |
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Essel Group is once again in market to sell its 685-MW solar power portfolio, this time on a piecemeal basis. The company is said to be in talks with Adani Power, Canadian Pension Plan Investment Board (CPPIB) after Actis Energy’s discussion to purchase the entire portfolio hit a valuation hurdle, people close to the development told FE. Read More |
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ArcelorMittal offers Rs 4,800 crore for Essar’s Mahan power project in MP
Posted on 19th February 2019 |
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ArcelorMittal has offered lenders Rs 4,800 crore for Essar’s 2×600 MW Mahan thermal power project in Madhya Pradesh, surpassing the Essar promoters’ one-time settlement offer of Rs 3,500 crore, a senior PFC official told FE. Rajeev Sharma, chairman and managing director of PFC, which is one of the consortium lenders to Essar Power’s MP project, told FE, “We are in process of evaluating the offer. Read More |
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Power crisis looms in Gujarat as Adani, Essar stop supply
Posted on 24th March 2018 |
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A power surplus state till recently, Gujarat may witness a scorcher of a summer, with private power producers —Adani and Essar — discontinuing supply on account of paucity of coal. The situation forces the state to meet demand by procuring expensive power from energy exchanges and other sources. Gujarat Urja Vikas Nigam (GUVNL) has invited bids for procurement of 2,000 MW of power for April, May and June to meet rising demand. Read More |
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