Professional Documents
Culture Documents
Public
Type (BSE: 500630)
(BSE: 500134)
Industry Conglomerate
Founded 1969
Shri.Shashi Ruia
Founder(s)
Shri.Ravi Ruia
Headquarters Essar House, 11 Keshavrao Khadye Marg, Mahalaxmi, Mumbai, India
Area served Worldwide
Shashi Ruia
(Chairman)
Ravi Ruia
(Vice-Chairman)
Prashant Ruia
Director
Key people
Anshuman Ruia
Director
Smiti Kanodia
Director
Rewant Ruia
Director
Steel
Oil & Gas
Power
Products Mobile networks
Construction
Shipping
BPO
Revenue ▲ US$ 15 billion (2009)
Employees 60,000 (2009)
Website Essar.com
The Essar Group (BSE: 500630, BSE: 500134) is a multinational conglomerate corporation in the
sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics as well as
Construction headquartered at Mumbai, India. The Group's annual revenues were over USD 15
billion in FY08-09.
Essar began as a construction company in 1969 and diversified into manufacturing, services and
retail. Essar is managed by Shri.Shashi Ruia, Chairman – Essar Group and Shri.Ravi Ruia, Vice
Chairman Essar Group.[1]
Contents
[hide]
• 1 Steel
• 2
Global
footprin
t
• 3
Indian
operati
ons
• 4
Product
s and
services
• 5
Energy
• 6
Explora
tion and
product
ion
• 7
Power
• 8
Existin
g and
upcomi
ng
plants
• 9
Commu
nication
s
• 10
Vodafo
ne-
Essar
• 11
Shippin
g Ports
&
Logisti
cs
• 12 Sea
transpo
rtation
• 13
Ports
and
[edit] Steel
Essar Steel is a global steel company with strong presence in intensive steel consuming markets in
Asia and North America. It is India's largest exporter of flat steel with 14 MTPA (million tons per
annum) of capacity.[citation needed] Essar Steel is fully integrated from mining to retail and has
strong downstream capability with a global retail capacity of over 3 MTPA.
[edit] Energy
Essar Oil is a fully integrated oil & gas company of international scale with strong presence across
the hydrocarbon value chain from exploration & production to oil retail.[citation needed] It has a
portfolio of onshore and offshore oil & gas blocks worldwide, with about 70,000 km2 available for
exploration.[citation needed]
[edit] Exploration and production
The Exploration and Production business of the company has participating interests in several
hydrocarbon blocks for exploration and production of oil & gas. This includes the Ratna and R-
Series fields and one shallow water offshore exploration block, both in proximity to the Mumbai
High field in the Mumbai offshore basin. The business also has interests in an exploration block in
Mehsana, Gujarat, which in currently under commercial production. It additionally owns a Coal
Bed Methane (CBM) block at Durgapur in West Bengal, and two more exploration blocks in
Assam, India. The overseas exploration assets include two onshore oil & gas blocks in Madagascar-
Africa, one onshore block in Indonesia, two offshore blocks in Australia and one offshore block
each in Vietnam and Nigeria.[citation needed]
Essar also owns a 50 percent stake in an 88,000-bpd refinery operated by Kenya Petroleum
Refineries Ltd in Mombasa, Kenya.[citation needed]
[edit] Power
Essar Energy, approximately 76% owned by Essar Group, is today India's second largest power
generation company in the private sector.[citation needed] Its current generation capacity of 1,200
MW is being expanded to 6,000 MW.[citation needed] With a portfolio of gas, coal and liquid fuel
based power plants, Essar Energy is among the lowest cost power producers. It has also entered the
transmission and distribution sectors in India where it has quickly built a strong presence.[citation
needed]It is market leader in western India. Essar Energy holds a controlling stake in Essar Oil.
[edit] Communications
Essar Communications is in the communications sector with presence in telecom services, telecom
retail, telecom tower infrastructure and business process outsourcing. More Info
[edit] Vodafone-Essar
Vodafone-Essar is a joint venture of Essar Communication Holdings Ltd and the UK-based
Vodafone Group. It is one of India's largest cellular service companies, with a subscriber base of
over 90 million. Essar is also venturing into emerging markets in Africa and South Asia. In Kenya,
Essar Communications has launched a new cellular services brand called “yu”, becoming the
country’s fourth telecom operator.[citation needed]
[edit] Logistics
The Logistics business provides end-to-end logistics services from ships to ports, lighterage
services, intra-plant logistics and dispatch of finished products. It owns trans-shipment assets to
provide lighterage support services, and onshore