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Essar Ports handles record cargo during March 2016
On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months.
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
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 ...
Rosneft, Trafigura and UCP to buy Essar Oil for $12-13 billion: Sources  VCCircle
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
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 ...
Rosneft enters India with $13 billion Essar deal  Daily Mail
Essar Said to Prepare $2.1 Billion StanChart Loan Repayment  BloombergQuint
Essar Power resumes generation at Hazira plant
NEW DELHI: Essar Power on Tuesday said it has resumed operations at its 500 MW gas-based plant in Hazira, Gujarat. The plant, owned and operated by its subsidiary Bhander Power Ltd, has benefited owing to falling gas prices and rising power demand ...
VTB's CEO Says Bank Considers Buying Loans Made to India's Essar
State-run VTB Group, Russia's second-largest bank, is looking into the acquisition of loans made to Essar Global Ltd. by other lenders as the holding owned by Indian billionaire Ruia brothers is strengthening ties with Kremlin-backed companies. "We are ...
Rosneft, Trafigura said to near deal for $6.5bn refinery
Essar Group, controlled by India's billionaire Ruia brothers, is nearing a final agreement to sell control of its refinery unit to Russian energy giant Rosneft PJSC and commodities trader Trafigura Group Pte, people with knowledge of the matter said ...
Essar Power expects to make profits in FY17
Essar Power Gujarat Ltd (EPGL), which owns and operates a 1,200 mw imported coal fired thermal power plant at Salaya in Gujarat meets 9 per cent of the Gujarat's overall power demand.
Essar said to be in asset sale spat with IDFC private equity
The group's Essar Power Ltd. unit is in arbitration with IDFC's India Infrastructure Fund over disagreements on plans to sell the Vadinar power plant in western India, according to the people, who asked not to be identified because the information is ...