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Essar Global Fund Limited (“EGFL”) is a global investor, controlling a number of world-class assets diversified across the core sectors of Metals & Mining, Energy, Infrastructure (comprising Ports and EPC businesses) and Services (Shipping, IT and Retail businesses).


Essar GlobalEssar Global Fund Limited (“EGFL”) is a global investor, controlling a number of world-class assets diversified across the core sectors of Metals & Mining, Energy, Infrastructure (comprising Ports and EPC businesses) and Services (Shipping, IT and Retail businesses).

EGFL invests long-term capital into the portfolio companies and holds near 100% stake in all its investments. EGFL invests with a sense of active ownership, which involves direct engagement with the management of the respective businesses.

The portfolio companies have aggregate revenues of about USD 15 billion (estimated for the financial year ending 31 March 2018) and employ over 8,000 people.

Essar began as a construction company and rapidly diversified into manufacturing, services and retail. It has grown through both greenfield and brownfield development, as well as strategic global acquisitions and partnerships. Alongside its business pursuits, Essar is a socially responsible corporate. It runs community outreach initiatives alongside each and every plant location, with a focused effort on improving community health, livelihood, education, infrastructure and environment.

Essar has time and again demonstrated its ability to build world-class businesses that have elicited the interest of the best global players. Essar businesses in the telecom, BPO and oil & gas sectors have attracted more than $30 billion in Foreign Direct Investment. The most recent instance of such historic value creation was the $12.9 billion sale of Essar Oil’s 20 million tonne Vadinar refinery (along with a captive port and power plant) and 3,500-outlet retail network in August 2017.

Essar has made sustainable business practices the norm across locations, with measurable efforts towards reducing their carbon footprint at each plant. The HSE (Health, Safety and Environment) management systems in Essar are on par with the highest global standards. 

Essar businesses are certified to international environment standards (ISO 9001/14001) as well as health and safety standards such as OHAS 18001.

Essar Foundation is the Corporate Social Responsibility (CSR) arm of Essar, which is committed to maintaining the highest standards of CSR in its business activities and aims to make a difference to the communities living near its area of operations. Essar Foundation collaborates with key stakeholders, especially the local administration and institutions, to facilitate development. It undertakes initiatives in healthcare, education, environment, livelihood, women's empowerment and sports development. The interventions are in line with both the UN Sustainable Development Goals, as well as the provisions of the Companies Act, 2013. The Foundation touches more than 500,000 lives in over 500 villages across 13 districts of eight Indian states.



Gujarat Devbhoomi Dwarka & Surat
Madhya Pradesh



Jagatsinghpur,  Keonjhar & Malkangiri

Chhatisgarh  Dantewada & Sukma
Jharkhand Latehar
Maharashtra  Pune & Mumbai
West Bengal                Durgapur

Here’s a look at Essar's areas of business:

Essar Steel is one of India’s leading integrated steel producers with an annual production capability of 10 million tonnes supported by a 20 million tonne pellet facility. The manufacturing operations comprise iron ore beneficiation, pellet making, iron making, steel making, and downstream facilities, including a cold rolling mill, a galvanising and pre-coated facility, a steel-processing facility, an extra-wide plate mill and three pipe mills with coating facilities. Essar Steel produces over 300 grades of steel conforming to quality standards of international certification agencies. A global chain of Essar Hypermarts supplies customised shipments of steel to smaller customers. The company also operates India’s first online B2B steel marketing platform, called eHypermart, where customers can buy both steel and allied products..

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Essar Oil UK owns and operates the 9 million tonne Stanlow Refinery located on the south side of the Mersey Estuary near Liverpool, UK. Stanlow produces approximately 16% of UK road transport fuels, including 3 billion litres of petrol, 4.4 billion litres of diesel and 2 billion litres of jet fuel per year. The company has also started petroleum retailing and has 40 outlets in the UK, with a target to open 400 outlets in the next five years. To know more, please click here

Essar Oil & Gas Exploration & Production Ltd owns a portfolio of CBM blocks with about 1.7 billion barrels of oil equivalent in reserves and resources. It operates India’s highest producing CBM (Coal Bed Methane) block in Raniganj, West Bengal, and owns four other CBM blocks.

Essar Power is one of India's largest private sector power producers with over 20 years' operating track record. It owns power plants in India and Canada with a total generation capacity of 5,090 MW, of which 3,830 MW is operational. Of the total operational capacity, 2,815 MW is coal-based, while 1,015 MW is gas-based. The operating plants in India are at Mahan, Hazira, Salaya, and Paradip. A 1,200 MW plant at Tori in Jharkhand state is under development.

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Essar Projects is a Global EPC (Engineering, Procurement & Construction) company that offers a unique collaborative end-to-end project development and delivery model for mega projects. It offers its expertise to the following industries: Oil & Gas (Upstream, Mid-Stream & Downstream), including cross-country pipelines and terminals (Offshore & Onshore); Infrastructure (Ports & Marine, Civil & Building), Power (including Hydroelectric) and Minerals & Metals. The company has a presence in over 20 countries spread across five continents and has over four decades of experience. It has a large in-house Engineering and Procurement division, operates extensive fabrication facilities, and owns a large construction equipment bank.

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Essar Ports is one of the largest port companies of India, with a current capacity of 82 million tonnes that is being expanded to 140 million tonnes over the next few years. Essar Ports has three operational port terminals at Hazira, Vadinar, Paradip and Visakhapatnam. The company is also setting up a dry bulk terminal at Salaya, and expanding its Hazira and Visakhapatnam port capacities. Additionally, it plans to develop a coal terminal at Paradip.

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Essar Shipping operates a diversified fleet of 14 vessels, including VLCCs, Capesize, Mini-capesize, Supramax, mini-bulk carriers and tugs, with a capacity of 1.6 million DWT. A sizeable part of the capacity is deployed using an optimal mix of spot markets, long-term contracts and COAs, maximising profit and insulating the company from volatility

The Oilfields Services business provides contract drilling services to oil & gas companies across the globe. This business owns one semi-submersible rig and 14 land rigs. The company has two new jack-up rigs on order.

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AGC Networks (AGC) is a Global Solution Integrator representing the world’s best brands in Unified Communications, Network Infrastructure & Data Centre, Cyber Security and Enterprise Applications & Services. AGC is a leader in Enterprise Communications in India and has a significant presence in the Middle East & Africa, North America, Australia & New Zealand, and Singapore & Philippines, serving over 3,000 customers.

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