About Us

Our Group Structure

  • Energy

    Oil & Gas
    2,034 mmboe reserves
    34 MMTPA refining capacity
    1,400 retail outlets

    Power
    455* MT coal reserves
    3,910 MW operational capacity
    Going to 6,700 MW by Mar 2014
    Under construction: 2,790 MW

    *includes Rampia Coal Mine and excludes Amelia Coal Mine

  • Steel

    Raw Material
    2bn tonnes of iron reserves
    27 MTPA pellet plants
    188 MT cool reserves

    Steel Making & Retail
    14 MMTPA steel making capacity
    5 MMTPA processing and distribution capacity
    375+ branded retail outlets under Essar Hypermart

  • Infrastructure

    Projects
    Value-engineered EPC solutions Specialised equipment & fabrication facility

    Ports
    88 MTPA operational capacity
    70 MTPA under construction
    158 MTPA total capacity

    Concessions
    US$300 miliion road concession from NHAI Aims to create a US$4 billion portfolio in next 2-3 years

  • Services

    Shipping
    25 ships, 8 new ships on order
    13 rigs incl.1 semisubmersible fleet of 5,000 chatered trucks

    BPO
    55,000+ Aegis employees
    55 global Aegis locations

    Telecom Services
    GSM services in Kenya with 1.5 million subscribers
    1,200 branded retail outlets under the MobileStore in India

Essar Energy

Shareholder Structure

 

 

Notes:

(a) Pre IPO, Essar Energy invested US$293.3mn via GDRs in Essar Oil  which reduced the public free-float of Essar Oil to 10.6% at Admission. Post IPO, Essar Energy invested US$225mn via GDRs in Essar Oil which reduced the public free-float of Essar Oil to 10.04%.

(b) Essar Energy also has an option to acquire a further 2.9% of Essar Oil's shares from other Essar companies at market price by end December 2011. This will increase Essar Energy's stake in Essar Oil to 90.0%

(c) Current 98.18% economic interest (74% equity interest), remaining 1.82% economic interest (26% equity interest) is owned by Essar Steel and is the subject of a share purchase agreement with Essar Energy to sell the shares to Essar Energy. Completion to take place by 31 March 2013 subject to fulfilment of conditions.

(d) Essar Oil UK  which is the Stanlow Refinery in the UK, is 100% subsidiary of Essar Energy plc post acquisition in July 2011.

* Includes 16,973,961 shares (1.3%) held through equity swap agreement

 

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