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Group profile

inside_group_profile.gifThe Essar Group is a multinational conglomerate and a leading player in the sectors of steel, oil and gas, power, communications and business process outsourcing (BPO), shipping, ports and logistics, projects, and minerals. With operations in more than 25 countries across five continents, the group employs 75,000 people, with revenues of USD17 billion. With manufacturing facilities in India, Indonesia, Canada and North America, Essar Steel is a global steel producer with a capacity of 14 million tonnes. The company is fully integrated, from iron ore mining to steel retail. It operates specialized plants to manufacture value-added products like plates and pipes. It is also a leader in cold rolled, galvanized and pre-coated steel products. Essar Steel operates a global steel retailing and processing network that spans India, Indonesia, UAE and the UK.

A brief overview of the Group's operations:

group_profile_steel.gifEssar Steel commands a total manufacturing capacity of 14 million tonnes in plants across India, Indonesia, Canada and North America. Its fully integrated operations, from iron ore mining to steel retail, includes dedicated plants for the manufacture of value-added products such as specialised plates and pipes. Essar Steel is also a global leader in cold rolled, galvanised and pre-coated steel products. Essar Steel operates a global steel retailing and processing network that spans India, Indonesia, the UAE and the UK.
group_profile_oil.gifEssar Oil is an end-to-end player in the oil and gas sector from exploration to refining to retail. It owns a portfolio of 17 onshore and offshore oil and gas blocks in Asia, Africa and Australia. The company is a leader in the exploration of coal bed methane gas. Essar Oil has a 300,000 barrels per stream day (bpsd) refinery at Vadinar in Gujarat, India. This refinery is being expanded to 405,000 bpsd, with the complexity being enhanced by almost double. The company has a 50 percent stake in an 80,000-bpsd refinery in Kenya. Essar Oil is also among the leading oil retailers in India with over 1,370 outlets, which is being expanded to 1,700 outlets.

group_profile_power.gifEssar Power is among India's top private sector power producers with a current generation capacity of 1,600 MW spread across five power plants in India and Canada. This capacity is being expanded to 6,100 MW by 2012, and to 11,470 MW by 2014, through the addition of seven new power plants in various parts of India. The combined assets of Essar Power and Essar Oil constitute Essar Energy plc, a company that was listed on the London Stock Exchange in 2010 following a highly successful Initial Public Offer (IPO), the second largest overseas IPO ever floated by a company of Indian origin. Essar Energy is part of the FTSE 100, UK's top 100 companies by market capitalization.

group_profile_communication.gifEssar Communications is a global player in the communications sector with a presence in telecom services (over 140 million subscribers in India, Kenya, Uganda and Congo), as well as consumer durables and IT retail (over 1,200 outlets). In India, Essar Communications has a 33 percent stake in Vodafone Essar, one of the countrys largest telecom players.

group_profile_agies.gifAegis is Essar's BPO arm. It serves Fortune 500 companies across 10 countries through 47 delivery centers. It has launched many innovative initiatives in the services sector, the latest being the Institute of Customer Experience Management, which grooms managers for the services industry.

group_profile_shipping.gifEssar Shipping offers integrated end-to-end services in shipping, from oilfields to point of delivery, with all logistical management services. Its current fleet strength of 26 includes two handy-size bulk and 10 mini bulk carriers. Essar Shipping subsidiaries – Essar Oilfield Services Ltd (EOSL) and Essar Oilfield Services (India) Ltd (EOSIL) – own and operate a fleet of 13 rigs to provide onshore and offshore drilling services.

group_profile_ports.gifEssar Ports offers port and terminal services for liquid, dry bulk, break bulk and general cargo. Expanding operations at its Vadinar and Hazira ports in Gujarat, India, the company is also bringing the new port at Salaya, Gujarat, under its purview as well as two terminals at Paradip in Orissa, along the east coast of India.

group_profile_projects.gifEssar Projects has world-class engineering, procurement and construction (EPC) capabilities that have helped build all of Essar's industrial assets in India in the sectors of steel, oil and gas, power, and ports and terminals. The company, which is among India's top three EPC contractors, is increasingly using its expertise to execute large external projects across the world.

group_profile_minrals.gifEssar Minerals owns a growing portfolio of iron ore and coal mines in India, Indonesia, Mozambique and the USA. It also has an iron ore prospecting license in Brazil and various states in India. The company has access to over 1.6 billion tonnes of iron ore reserves and 450 million tonnes of coal reserves.

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Vadinar Terminal is awarded 5 Star certification by the British Safety Council, UK, for its Environment Management System - the first facility to get a double five-star in its very first audit

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