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Essar Energy Ltd news

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Essar reaches coal bed methane milestone
“CBM offers a new energy frontier as India evolves to a gas-based economy. Delivering one million m3/d from Raniganj Block marks the beginning, as the potential is tremendous and the company has definitive plans to ramp up CBM production from 350 ...
Gas boost for Rs 6000cr fertiliser plant  Calcutta Telegraph
Essar Energy to invest additional Rs 1000 cr in Raniganj block  Financial Express
Essar Power Seeks to Sell Stakes in Some Plants to Reduce Debt
The company, a unit of London-based Essar Energy Ltd., has accumulated debt across several subsidiaries that were set up to own and operate projects.
Essar plans to monetize power assets  The Hindu
Essar Power Hazira's 2x135 MW power project touches 100% capacity utilisation
It is also an indicator for the increased capacity utilisation of its captive client—Essar Steel's 10 million tonne Hazira Steel Complex.
Ruias plan to sell another 25% stake in Essar Oil
Rosneft is majority owned by the Russian government with BP Plc holding under a 20 per cent stake and public shareholding at around 10 per cent.
Trafigura Said in Talks for Stake in $6.5 Billion Indian Refiner  Bloomberg
Rosneft deal: Billionaire Ruia brothers' stake in Essar Oil may fall below 10%
Russia has been consolidating energy ties with India, which is expected to surpass Japan as the world's thirdlargest oil user this year and become the fastest-growing crude consumer through 2040, according to International Energy Agency estimates.
Putin visit: Essar Oil lenders await Rosneft deal  Times of India
Russia's Rosneft Leads Group Buying India's Essar Oil
NEW DELHI—Russia's state-controlled oil giant PAO Rosneft is leading a group that is taking over India's Essar Oil Ltd. in a deal valued at up to $7.5 billion, excluding debt, a person familiar with the matter said Friday. Rosneft will buy a 49% stake ...
Rosneft, others to buy 98% of Essar Oil in $13bn deal  Times of India
Rosneft, Trafigura, UCP Set to Buy 98 Percent Of India's Essar Oil  OilPrice.com
Essar Oil-Rosneft deal likely to escape capital gains tax due to Mauritius treaty
Essar and Rosneft statements on 15 October indicated that shares of the Indian company are being purchased from Essar Energy Holdings Ltd and Oil Bidco (Mauritius) Ltd—companies incorporated and managed under the laws of Mauritius. “The parties ...
Standard Chartered Moving Past India Woes With Essar Payment  Bloomberg
Essar sale signals a push to deal with India banking problems  Financial Times
Rosneft to close Essar Oil deal in a few weeks
According to the two definitive agreements that have been signed, Essar Energy Holdings and Oil Bico (Mauritius) - the controlling shareholders of Essar Oil Ltd - will sell 49 per cent stake to Petrol Complex Pte Ltd (a subsidiary of Rosneft Oil ...
Rosneft looks to complete Essar Oil deal in 'next few weeks'  Economic Times
Rosneft to close $10 bn Essar Oil, Vadinar refinery deal in a few weeks  Business Standard
Tata suitor Liberty House eyes North American steel targets
Another Algoma suitor is a group including shareholders of its former owner, Essar Global, an Indian energy and resources conglomerate that acquired the mill nearly a decade ago.
Schafer: Dayton shows Essar the door, but the mining company isn't dead yet  Minneapolis Star Tribune
Essar to fully operationalise Tori, Mahan power plants
NEW DELHI: Essar Power plans to make its 2x600 MW Tori power plant operational by the next financial year as the company expects to secure new fuel through government's upcoming coal linkage auction, a company spokesman told ET.