STUDY ON

PERFORMANCE APPRAISAL
AT

ESSAR OIL LTD.

REFINERY DIVISION.
KHAMBHALIA,
JAMNAGAR
PREPARED BY
PANDYA HARDIKA
PATEL ASHISH
ACADEMIC YEAR 2008 - 2009

GUIDED BYProf. GINCY MATHEW

SUBMITTED TOSankalchand Patel college of Engineering

M.B.A DEPARTMENT
VISNAGAR

DECLARATION
We Pandiya Hardika and Patel Ashish, a student of M.B.A of
Sankalchand Patel College of Engg. Vishnager hereby declare
that this project report on Performance Appraisal has been
successfully carried under the guidance of all my colleagues and
employees at ESSAR OIL LIMITED, JAMNAGAR.
The project is based on the industrial training at ESSAR OIL
LIMITED, situated on Jamnagar- Khambhalia Highway,
Jamnagar. We further declare that this project has been prepared
by us only and this report has not been previously submitted to
any college or university.

Place: Jamnagar

Sign
Pandya Hardika
Patel Ashish

INTRODUCTION
ESSAR OIL LIMITED
Essar Oil Ltd. was started in the year 1994 and it is currently
Indias largest corporate houses manufacturing and service
sector playing vital role in the economic growth of our country.
The project is progressing with ABB (Asian Brown Bovary)
Lummus Crest with a contract of US $32 billion. The Project
Management are done by Essar Projects, Engineers India
Limited & Tata Consulting Engineers.
Essar Oil Limited at Vadinar is headed by B.K.MUKHERJEE.
It has about 777 highly efficient and dynamic team of
employees by positively affecting the society.

ABOUT ESSAR GROUP

The Essar Group is one of Indias largest corporate houses with
interests spanning the manufacturing and service sectors in both
Old and New Economies: STEEL, POWER, SHIPPING,
CONSTRUCTIONS, OIL & GAS, and TELECOM.
The Group has an asset base of US$ 4.4 bn (Rs 200 billion) and
a turnover of over US$ 2.08 bn (Rs 95 billion).Strategic
investments made by the group over the past decade have
resulted in the creation of tangible and intangible assets that are
at the Heart of Indian Economy.
The group takes pride in being a high performance multinational
organization providing world class services and products.
Manned by a highly efficient and dynamic team of employees,
the group is growing stronger everyday. A commited corporate
citizen, the group provides unwavering support to the
community as well as initiates various social and ecological
drives that have POSITIVE ATTITUDE on society.

ESSAR PHILOSOPHY
The success of ESSAR GROUP is dependent on the
development and realization of potential of each one who is in
direct contact or indirect contacts.
The mindset of Yesterdays managers was to accept compromise
and keep things neat & orderly which leads to complacency. We
should not be afraid to go against todays currents because we
know that tomorrow is ours and we must work on a vision of
what business can become.

ESSAR MISSION
The mission of this company is to create enduring value for
customers and stakeholders in core manufacturing and service
businesses, through world class operating standards, state of art
technology and POSITIVE ATTITUDE of our people.

ESSAR LEADERSHIP VALUES

1. Integrity of all times.
2. Satisfaction to Internal & External Customers.
3. Facilitate all round excellence.
4. Promote Quality.
5. Continuously innovate and create.
6. Explore growth opportunities in New Technologies.
7. Constantly focus on Cost reduction.
8. Work with POSITIVE ATTITUDE.

HRD MISSION
To transform human resources from employee, to management
partner in achieving business goal. Proactively create
environment and work with people to provide competitive edge
to the business for continuous growth.
Create a finest learning, which would facilitate the acquisition of
the request knowledge, skills and attitudes or competencies that
will bring about the best among our employees, towards
organizational effectiveness.

WORLD CLASS STANDARDS

The ESSAR GROUP insists on setting and surpassing world
class benchmarks in everything that they do. No wonder they
have the worlds largest gas based sponge iron plant and are one
of the worlds largest integrated sea logistics companies that
owns Indias largest double hull, double bottom VLCC. All their
businesses to stay strong and agile. They have invested several
billion dollars on exclusive state of art technology because they
believe that it confers strong strategic advantage.

CORPORATE OFFICE AND REGIONAL

OFFICE ADDRESS
Corporate Office:ESSAR OIL LIMITED
MAHALAXMI,
ESSAR HOUSE, 11 K.K. MARG
MAHALAXMI, MUMBAI 4000134
TEL :- (+91022) 66601100/40011100

Regional Office:ESSAR OIL LIMITED

ESSAR HOUSE,
12, SWASTIK SOCIETY, JAMNAGAR 361008
TEL :- (0288-2556480/81/82/83)

Refinery:ESSAR OIL LIMITED

REFINERY SITE, P.O.BOX. NO. 24
40 KM, JAMNAGAR OKHA HIGHWAY
P.O. KHAMBHALIA 361305
DIST JAMNAGAR, GUJARAT
PH :- (O2833-241444)
FAX: - 02833 241818/241414

ORGANISATION CHART
CHAIRMAN
VICE CHAIRMAN
DIRECTORS
RESIDENT DIRECTORS
CHENNAI NEW DELHI GUJARAT NEW YORK
PRESIDENT
CORPORATE AFFAIRS
HEAD
CORPORATE COMMUNICATION
HEAD
LEGAL
HEAD
FOREX & TREASURY
HEAD
CORP RISK & INSURANCE MANAGEMENT
FLOW CHART-1

MANAGEMENT TEAM OF ESSAR GROUP

SHRI SHASHI RUIA CHAIRMAN
SHRI RAVI RUIA VICE CHAIMAN
SHRI PRASHANT RUIA DIRECTOR
SHRI ANSHUMAN RUIA DIRECTOR

CORPORATE FUNCTIONS
MUMBAI
MR SURESH SUNDARAM
CORPORATE

DIRECTOR

AVIATION
MR S.V. VENKATESAN
RESIDENT DIRECTOR,
CHENNAI
MR J MEHRA
RESIDENT DIRECTOR,
NEW DELHI
LATE MR HARSH SHAH
RESIDENT DIRECTOR,
GUJARAT
MR MADHUR S VAPPULURI RESIDENT DIRECTOR,
NEW YORK
MR SUNIL BAJAJ
PRESIDENT
CORPORATE
AFFAIRS
MR V KRISHNAN
HEAD CORPORATE
COMMUNICATION
MR Y M SHIVAMURTHY HEAD LEGAL
MR N S PARAMASIVAM
MR DINYAR M JIVAASHA

HEAD FOREX &

TREASURY
HEAD CORP. RISK
& INSURANCE MGT.

MANAGEMENT TEAM ESSAR OIL

LIMITED JAMNAGAR
MR AWADHESH SINHA MANAGING DIRECTOR
MR HARI L MUNDRA

DY MANAGING DIRECTOR
&
DIRECTOR FINANCE

MR B K MUKHERJEE

HEAD REFINERY

MR RAJ K VARMA

CEO MARKETING

MR S R AGRAWAL

EXECUTIVE DIRECTOR
EXPLORATION &
PRODUCTION
CEO EXPLORATION &
PRODUCTION
SR VICE PRESIDENT

MR V K DHARIA
MR G R BELLAR
BUSINESS
MR S S BAGRODIA
MR SHAFFI SHEIKH

DEVELOPMENT
SR VICE PRESIDENT
COMMERCIAL
COMPANY SECRETARY

MR C MOHAN KUMAR HEAD HUMAN RESOURCES

ORGANISATION STRUCTURE
ESSAR OIL LIMITED
JAMNAGAR
TECHNICAL SERVICES & PROCESS
K BALASUBRAMANIAN-SENIOR VICE PRESIDENT
TECHNICAL SERVICES
MR S S DAS-SENIOR VICE PRESIDENT
COMMISSIONING IN CHARGE
EION TURNBULL
OPERATION
MR N VENKATRAMANI
HSE & FIRE FIGHTINING
MR PRAKASH PAI-VICE PRESIDENT
ACCOUNTS
MR P R ASHOK-VICE PRESIDENT
COMMERCIAL
MR S L RAVI-VICE PRESIDENT
PUBLIC RELATION & CDC
MR PRASHANT PANDYA-VICE PRESIDENT
ORGANISATION FLOWCHART- 3

GENERAL INFORMATION OF
ESSAR OIL LIMITED
JAMNAGAR
OFFICE TIMINGS :GENERAL SHIFT: 8:30 A.M. TO 5:30 P.M.
SHIFT A: 6:00 A.M. TO 2:00 P.M.
SHIFT B: 2:00 P.M. TO 10:00 P.M.
SHIFT C: 10:00 P.M. TO 6:00 A.M.
THE A, B & C SHIFT IS CURRENTLY TO OPERATIONS
DEPARTMENT.

MOBILE PHONES:THE FACILITY OF MOBILE PHONES TO THE

EMPLOYEES IS TOTALLY NEED BASED AND DEPENDS
ON THE NATURE OF JOB RESPONSIBILITY
ENTRUSTED TO THE EMPLOYEE AND WILL BE
DECIDED BY THE RESPECTED HEAD OF
DEPARTMENT AND APPROVED BY THE HEAD.

CANTEEN FACILITY :THERE ARE 3 CANTEENS FUNCTIONING AT SITE,

WHERE BREAKFAST/SNACKS ARE AVAILABLE IN THE
MORNING BETWEEN 8:00 A.M. TO 9:00 A.M. FOR
LUNCH FROM 12:00 P.M. TO 2:00 P.M. AT FIXED
CHARGES. TEA COFFEE IS SERVED IN THE OFFICE 2
TIMES IN THE MORNING AND 1 TIME IN THE
AFTERNOON.FOR THE DINNER THE TIME IS FROM
9:00 P.M. TO 10:00 P.M.

TRANSPORT FACILITY
THE COMPANY PROVIDES FREE BUS SERVIES TO
COMMUTE TO AND FRO ALL CORNERS OF
JAMNAGAR, SIKKA AND KHAMBHALIA.THIS
FACILITY IS PROVIDED UPTO M-6 (DY GENERAL
MANAGER) AND M-5 AND ABOVE ARE TO MAKE
THEIR OWN ARRANGEMENTS. EMPLOYEE SITTING
BEYOND 19:30 HRS CAN REQUEST FOR VEHICLE
FROM TRANSPORT DEPARTMENT.

ATTENDANCE :ALL EMPLOYEES ARE EXPECTED TO REACH THE

PLACE OF THE WORK AT LEAST 5 MINUTES BEFORE
THE COMMENCEMENT OF WORKING HOURS AND
ALL EMPLOYEES HAVE TO SIGN IN THE ATTENDANCE
MUSTER.

REGULATORY ENVIRONMENT :ESSAR OIL LIMITED follows a proper rules and regulations
laid down by the Government of India and jointly with Gujarat
Government. It has been certified by the following acts :

THE INDIAN CONTRACT ACT, 1872

THE INDIAN FACTORY ACT, 1948 & 1987

ENVIRONMENTAL PROTECTION ACT

PETROLEUM ACT

PAYMENT OF WAGES ACT, 1936 & MINIMUM

WAGES ACT, 1948

WORKMEN COMPENSATION ACT, 1923

NEC- CERTIFIED CLASSIFICATION OF

HAZARDEOUS AND DANGERIOUS CHEMICALS

BANKS:

HOUSING DEVELOPMENT FINANCE

CORPORATION (HDFC)
INDUSTRIAL CREDIT AND INVESTMENT
CORPORATION OF INDIA (ICICI)
STATE BANK OF SAURASHTRA (SBS)
PUNJAB NATIONAL BANK (PNB)
RESERVE BANK OF INDIA (RBI)

COMPETITORS:

RELIANCE PETROLEUM LIMITED (RPL)

INDIAN OIL CORPORATION (IOC)
INDIAN PETRO CHEMICALS LIMITED (IPCL)
GUJARAT STATE PETROLEUM CORPORATION
(GSPC)
CHENNAI PETROLEUM CORPORATION LIMITED
(CPCL)
HINDUSTAN PETROLEUM CORPORATION
LIMITED (HPCL)
BHARAT PETROLEUM CORPORATION LIMITED
(BPCL)
GUJARAT GAS CORPORATION (GGC)
GAS AUTHORITY OF INDIA LIMITED (GAIL)
OIL AND NATURAL GAS CORPORATION (ONGC)
TATA CHEMICALS (TC)

Essar Oil Limited Strategy

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Detailed financial and operational overview including key
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Strategic analysis of the company using SWOT and Value
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