Way In Building & Civil Construction
Essar’s primary business is in the power and oil sectors. Most of this is handled by Essar Energy, which is approximately 76% owned by Essar Group, is today India’s 2nd largest power generation company in the private sector.Its current generation capacity of 1,600 MW is being expanded to 8,070 MW.Power generation comes from a combination of gas, coal and liquid fuel based power plants. Essar Energy holds a controlling stake in Essar Oil.
Essar Oil is an oil & gas company with onshore and offshore oil & gas blocks, with about 35,000 km2 available for exploration. Total reserves and resources across these blocks is 2,109 mmboe. The refineries are Vadinar in Gujarat India; Stanlow in Cheshire, United Kingdom, and 50% controlling stake in Kenya Petroleum Refineries. It has retail and direct sales in Kenya. The company does marketing of all products to SAARC countries. The company has about 750,000 bpsd (barrels per stream day) of crude refining capacity across three continents. It is the first private company in India to enter refined products marketing sector. It is the largest coal bed methane (CBM) player in India. It supplies bulk products to traders and direct customers. Essar also has a marketing network of over 1,400 retail outlets in India. It has tie-ups with other oil marketing companies that gives Essar Oil access to product and right to use their terminals and facilities for placing and marketing its products. This gives the company pan-India presence with more than 30 supply locations.
Exploration & Production
Asia & Africa: offshore and onshore Oil & Gas blocks as well as CoalBed Methane blocks
Essar’s Raniganj block became India’s first CBM asset to cross 1 million scmd production milestone
Essar oil has more than 2,200 Essar-branded oil retail outlets in various parts of India, with another 2,500 in various stages of commissioning.
Vadinar, Gujarat, India: 20-million tonnes or 405,000 bpsd refinery producing fuels; accounts for 10% of India’s refining capacity.
Stanlow, UK: Essar Energy acquired Stanlow Refinery, with a nameplate capacity of 296,000bpsd, in 2011. The Stanlow Refinery is UK’s second biggest oil refinery, meeting approximately 15% of the country’s transportation fuel requirements.