A Glimpse of Our June Month
As we reflect on the month of June, we are thrilled to share remarkable updates that highlight our commitment to innovation, sustainability, and excellence. From ground-breaking projects to strategic partnerships, here’s a glimpse of what’s been happening across the Essar Group.
Prashant Ruia on Essar's Transformation and Expansion
Prashant Ruia Director of Essar Capital, recently spoke exclusively to the Press Trust of India (PTI) for their series ‘@4 Parliament Street’ about Essar's evolution amidst a dynamic business environment. He highlighted our ambitious plans both in India and internationally:
· Essar Power: Expanding by 1,600 MW to meet Gujarat's base-load needs and launching a renewable energy platform.
· Essar Ports: Expanding operations in Salaya, Gujarat.
· Essar Oil and Gas Exploration and Production Ltd : Aiming to increase India's gas production share to 5% in five years.
· Greenline Focusing on LNG and electric ecosystems for cleaner transportation. Partnering with Tata Steel as their sustainable logistics partner to significantly reduce emissions.
· Essar Future Energy: Developing 1 GW of hydrogen capacity in Jamnagar.
· EET: Planning to invest a total of US$3 bn in developing a range of low carbon energy transition projects -?hydrogen, biofuels, decarbonisation of its Stanlow refinery over the next five years
· Black Box: Leveraging the AI boom to enhance its data centre capabilities, driving significant growth in the tech sector.
?Watch the full interview here: https://bit.ly/3zp57UR
GreenLine and Tata Steel forge strategic partnership for sustainable logistics
GreenLine is proud to announce its strategic partnership with Tata Steel aimed at advancing green logistics and reducing emissions. This collaboration, launched by Mr. Kapil Modi, Executive Plant Head at Khopoli and Hosur, along with GreenLine CEO Mr. Anand Mimani, marks a crucial moment in our commitment to environmental stewardship.
The partnership signifies a significant step towards decarbonisation and reducing Scope 3 emissions for Tata Steel. It highlights GreenLine’s innovative deployment of LNG vehicles for long-distance transport, emphasising our shared goal of minimising carbon footprints in logistics.
Black Box reports strong financial growth
Black Box Limited reported robust financial results for FY2024:
EET Retail Expands in the UK
EET Retail, a division of EET Fuels , is pleased to announce the reopening of Essar-branded service stations in Spalding and Oakham, marking a significant expansion of our footprint in the UK market. This initiative highlights our commitment to becoming the preferred fuel retailer in the region, with plans for additional openings throughout the year. Narayan Bhatra , CEO of EET Retail, reaffirmed our dedication to offering superior fuel outlets and forging strategic partnerships.
Essar Welcomes 2024 Management Graduates
We at Essar are thrilled to announce the commencement of the journey for our 2024 Management Graduates. We recently welcomed 25 talented management graduates into the #EssarFamily through our esteemed Business Leadership Program (#BLP). This flagship initiative was designed to cultivate future leaders who would drive our mission of sustainable growth and innovation forward. During their induction, our new recruits engaged directly with our CXOs, participated in personalised workshops covering Business Etiquette Training and AI for Management, and explored our city on an invigorating cycle tour.
They also had the invaluable opportunity to connect with alumni from the 2023 batch, enriching their experience even further. This induction marked the beginning of their journey with us, where they continued to learn, adapt, and contribute. We wished them every success as they embarked on this exciting path!
#Essarites unite in thrilling Indoor Sports Championship
Essar House recently buzzed with excitement as employees gathered for an exhilarating indoor sports championship. Featuring chess, carrom, and table tennis, #Essarites displayed their skills and enthusiasm, adding a dynamic energy to the event. The day was filled with spirited matches that exemplified sportsmanship and forged lasting memories. It was a celebration of teamwork and friendly competition, marking this season at Essar as truly unforgettable!
As we look back on this month's achievements, we are inspired by the progress and possibilities ahead. Our dedication to sustainable growth and innovation continues to drive us forward. We appreciate your continued support and interest in our journey. Stay tuned for more updates and insights in the next edition of Essar Essence. Thank you for being part of the Essar family.
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