Who We Are

Essar Energy is a world-class, low-cost, integrated energy company focused on India and well-positioned to capitalise on India’s rapidly growing energy demand.

Essar Energy is a world-class, low-cost, integrated energy company focused on India and well-positioned to capitalise on India's rapidly growing energy demand. We have an established track record, and US$18 billion of assets across the power and oil and gas industries.

Our capacity

Oil and Gas

Essar Energy's refining and marketing business primarily consists of the Vadinar refinery, the second-largest private sector refinery in India, the Stanlow refinery in the United Kingdom and a 50% interest in the Kenya Petroleum Refinery Limited. Essar Energy serves retail customers in India through a modern, countrywide network of 1,600 operational and under construction retail fuel outlets. 

In the oil and gas sector, the company has 15 blocks and fields in the various stages of exploration and production of oil and gas in India, Indonesia, Madagascar, Nigeria and Vietnam. Total reserves and resources across these blocks is 2,034 mmboe.

Power

Essar Energy has seven operational power plants in India and one in Algoma, Canada, with a total installed capacity of 3,910 MW. This capacity is increasing to  6,700 MW by the end of March 2014. Essar Energy also has access to approximately 500 mt of coal resources across seven coal blocks in India and overseas.

Our stock listings

Essar Energy (ESSR) is listed on the London Stock Exchange (LSE) and made its entry into the FTSE 100 Index in June 2010. In India, the company operates its oil and gas business through Essar Oil, which is listed on the Bombay Stock Exchange and the National Stock Exchange of India.

The company's IPO in May 2010 raised US$1.9 billion gross proceeds (US$1.8 billion net proceeds), and at that time was the largest primary offering in the London market since 2007.Essar Energy has 13 major growth projects under execution and completed acquisition of the Stanlow refinery in the United Kingdom in July 2011.

On December 6, 2011 Essar Energy launched its sponsored level 1 American Depository Receipt (ADR) programme. Trading under the symbol 'ERERY', each ADR represents two ordinary shares of Essar Energy and is traded on the U.S over - The - Counter (OTC) market. The establishment of ADR programme will benefit the existing shareholders by making its share more accessible to U.S. investors and provide Essar Energy with increased visibility within the U.S market.