Essar Group
Encyclopedia
The Essar Group is a multinational
conglomerate
corporation in the sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics as well as Construction head quartered at Mumbai
, India
. With operations in more than 20 countries across five continents, the group employs 75,000 people, with revenues of USD 17 billion.
Essar began as a construction company in 1969 and diversified into manufacturing, services and retail. Essar is managed by Shashi Ruia, Chairman – Essar Group and Ravi Ruia
, Vice Chairman Essar Group.
In August 1987, the Company's name was changed to Essar Gujarat Limited, to reflect its highly diversified business interest. In 1988, the Company made an initial public offer for its shares, which are now listed in Bombay Stock Exchange
, National Stock Exchange
of India
and two other Indian stock exchanges.
The Company diversified into the steel business in late 1980's with the purchase of an HBI manufacturing plant in Emden, Germany, which was dismantled and relocated to Hazira, on the west coast of India
. The HBI plant with capacity of 0.88 MPTA was completed in March 1990 and commenced commercial production in August 1990.
As part of its business strategy of focusing on the iron and steel sector, the Company hived of its unrelated business to a series of different Companies (each of which form a part of the Group and operate at arm's length relationship). Offshore and energy operations were transfered to Essar Oil Limited in May 1992, Civil and mechanical construction business were transfered to Essar Projects Limited in March 1993.
The Company with a vertical integration program in mind, commenced construction of world-class state-of-the-art technology Hot Rolled (HR) sheets and coil plant in 1992. The plan commenced trial production in April 1995 and commenced commercial production in April 1996.
To reflect its business strategy of focusing on steel making operations, the name of the Company was changed from Essar Gujarat Limited to Essar Steel Limited in December 1995.
The Company operates the following facilities at Hazira, Gujarat state.
3.4 MMTPA gas based Hot Briquetted Iron (HBI) plant;
2.4 MMTPA Hot Rolled Coils (HRC) plant
The plant has requisite infrastructure like captive jetty, assured power supply, captive lime and oxygen plants and quality raw material from HBI plant. The products conform to quality requiremtns of international rating agencies like TÜV Rheinland
, Lloyds Register, American Petroleum Institute
etc. This is the first steel plant in India
to receive ISO 14001 certification for the best environment managment.
The steel complex is the first fully integrated large-scale steel manufacturing facility in Western India
and incorporates the largest state-of-the-art equipment and technology for steel making.
As of 1st August 2011, Essar own Stanlow Manufacturing Complex, Ellesmere Port UK. The refinery, previously owned by Shell has a refining capacity of 12,000,000 tonnes a year of Crude Oil.
As of May, 2010, Essar Global Limited the holding company of the Ruia brother raised up to £1.3bn by floatation of Essar Energy Plc on the London Stock Exchange. Essar Energy Plc is a FTSE 50 company. Essar had hired banks JPMorgan Cazenove and Deutsche Bank
to organise the share listing. Sanjay Mehta a senior board member of Essar Global Limited was identified in the Economic Times of India* as the person who led the transaction. 7 March 2010, Essar announced that it had signed a deal to buy US coal producer Trinity Coal Partners from US private equity group Denham Capital for $600m.
The Indian operations also include an 8 MTPA beneficiation plant at Bailadila, Chhattisgarh, an 8 MTPA pellet complex at Visakhapatnam, a 5.5 MTPA hot briquetted iron plant in Hazira and a 1.4 MTPA cold rolling complex. Additionally, Essar is setting up an 12 MTPA pellet plant in Paradip, Orissa.
's largest exporter of flat products to the US and European markets, and to those of South East Asia and the Middle East
.
is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to oil retail. It has a portfolio of onshore and offshore oil & gas blocks worldwide, with about 70,000 km2 available for exploration.
blocks for exploration and production of oil & gas. This includes the Ratna and R-Series fields and one shallow water offshore exploration block, both in proximity to the Mumbai High field in the Mumbai
offshore basin. The business also has interests in an exploration block in Mehsana
, Gujarat, which in currently under commercial production. It additionally owns a Coal Bed Methane (CBM) block at Durgapur in West Bengal
, and two more exploration blocks in Assam
, India
. The overseas exploration assets include two onshore oil & gas blocks in Madagascar
-Africa
, one onshore
block in Indonesia
, two offshore blocks in Australia
and one offshore
block each in Vietnam
and Nigeria
.
Essar also owns a 50 percent stake in an 88,000-bpd refinery operated by Kenya Petroleum Refineries Ltd in Mombasa
, Kenya
.
, approximately 76% owned by Essar Group, is today India's fifth largest power generation company in the private sector after Tata power
, Lanco power, Adani power
and JSW energy
. Its current generation capacity of 1,600 MW is being expanded to 8,070 MW. With a portfolio of gas
, coal
and liquid fuel based power plants, Essar Energy is among the lowest cost power producers. It has also entered the transmission and distribution sectors in India where it has quickly built a strong presence.It is market leader in western India. Essar Energy holds a controlling stake in Essar Oil
.
is a joint venture of Essar Communication Holdings Ltd and the UK-based Vodafone Group. It is one of India
's largest cellular service companies, with a subscriber base of over 90 million. Essar is also venturing into emerging markets in Africa
and South Asia
. In Kenya
, Essar Communications has launched a new cellular services brand called “yu
”, becoming the country’s fourth telecom operator. YU currently has 2.1 million subscribers and counting.
was started in 1945.Ports & Logistics is a comprehensive sea logistics company with presence in sea transportation, ports & terminals, logistics and oilfields services. It owns a shipping fleet of 25 vessels, and has placed orders for 12 new ships. It is one of India's largest operators of ports and are building a cargo handling capacity of over 150 MTPA.
s and terminal facilities. The operations include an oil terminal in Vadinar
and upcoming bulk terminals in Hazira and Salaya
, all in the state of Gujarat. Vadinar, which is an all-weather, deep-draft port, serves major oil refineries and independent cargo traders in the region. The terminal has crude receiving capacity of 32 MTPA (being expanded to 50 MTPA) and sea-based product dispatch capacity of 14 MTPA. The port at Hazira has a capacity to handle 8 MTPA of bulk cargo. This will be enhanced to 30 MTPA through building a shipping channel that can berth larger vessels. The enhanced capacity will not only serve the expansion in the Hazira steel plant, but also cater to the needs of the upcoming Essar SEZ units. The business is also building a port, of about 20 MTPA capacity, at Salaya
comprising a bulk and liquid terminal with container handling facilities.
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...
conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
corporation in the sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics as well as Construction head quartered at Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. With operations in more than 20 countries across five continents, the group employs 75,000 people, with revenues of USD 17 billion.
Essar began as a construction company in 1969 and diversified into manufacturing, services and retail. Essar is managed by Shashi Ruia, Chairman – Essar Group and Ravi Ruia
Ravi Ruia
Ravikant Nand Kishore Ruia is the Vice-Chairman of Essar Group , and is a recipient of the Business India Businessman of the Year Award 2010....
, Vice Chairman Essar Group.
History
Essat Steel Limited is the flagship Company of the Essar Group and looks after the Group's interest in steel business. The Company was incorporated in June 1976 under the name of Essar Construction Limited and was engaged primarily in core sector activities, including marine construction, pipeline laying, dredging and other port related activities. In 1984, the Company ventured further into other core sectors mainly the field of exploration and development, drilling onshore and offshore oil and gas wells for Indian Public Sector oil exploration companies. In view of this the Company's name was then changed to Essar Offshore and Exploration Limited in May 1987.In August 1987, the Company's name was changed to Essar Gujarat Limited, to reflect its highly diversified business interest. In 1988, the Company made an initial public offer for its shares, which are now listed in Bombay Stock Exchange
Bombay Stock Exchange
The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...
, National Stock Exchange
National Stock Exchange
The National Stock Exchange is an electronic stock exchange located in Chicago, Illinois. It was founded March 1885 in Cincinnati, Ohio, as the Cincinnati Stock Exchange. In 1976, it closed its physical trading floor and became an all-electronic stock market...
of India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
and two other Indian stock exchanges.
The Company diversified into the steel business in late 1980's with the purchase of an HBI manufacturing plant in Emden, Germany, which was dismantled and relocated to Hazira, on the west coast of India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. The HBI plant with capacity of 0.88 MPTA was completed in March 1990 and commenced commercial production in August 1990.
As part of its business strategy of focusing on the iron and steel sector, the Company hived of its unrelated business to a series of different Companies (each of which form a part of the Group and operate at arm's length relationship). Offshore and energy operations were transfered to Essar Oil Limited in May 1992, Civil and mechanical construction business were transfered to Essar Projects Limited in March 1993.
The Company with a vertical integration program in mind, commenced construction of world-class state-of-the-art technology Hot Rolled (HR) sheets and coil plant in 1992. The plan commenced trial production in April 1995 and commenced commercial production in April 1996.
To reflect its business strategy of focusing on steel making operations, the name of the Company was changed from Essar Gujarat Limited to Essar Steel Limited in December 1995.
The Company operates the following facilities at Hazira, Gujarat state.
3.4 MMTPA gas based Hot Briquetted Iron (HBI) plant;
2.4 MMTPA Hot Rolled Coils (HRC) plant
The plant has requisite infrastructure like captive jetty, assured power supply, captive lime and oxygen plants and quality raw material from HBI plant. The products conform to quality requiremtns of international rating agencies like TÜV Rheinland
TÜV Rheinland
TÜV Rheinland is a global provider of technical, safety and certification services. Originally called the Dampfkessel-Überwachungs-Vereine , TÜV Rheinland was founded in 1872 and has its headquarters in Cologne, Germany...
, Lloyds Register, American Petroleum Institute
American Petroleum Institute
The American Petroleum Institute, commonly referred to as API, is the largest U.S trade association for the oil and natural gas industry...
etc. This is the first steel plant in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
to receive ISO 14001 certification for the best environment managment.
The steel complex is the first fully integrated large-scale steel manufacturing facility in Western India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
and incorporates the largest state-of-the-art equipment and technology for steel making.
Steel
Essar Steel is a global steel company with strong presence in intensive steel consuming markets in Asia and North America. It is India's largest exporter of flat steel with 8.6 million tons per annum (MTPA) of capacity. Essar Steel is fully integrated from mining to retail and has strong downstream capability with a global retail capacity of over 3 MTPA.Global footprint
In 2007, Essar Steel acquired Algoma Steel in Canada, which has a current capacity of 4 MTPA, and Minnesota Steel, which has iron ore reserves of over 1.4 billion tons. The company is building a 6 MTPA pellet plant, a concentration plant and a direct reduced iron plant in Minnesota. In Indonesia, it operates a 400,000 TPA cold rolling complex with a galvanizing line of 150,000 TPA, making it the largest private steel company in that country.As of 1st August 2011, Essar own Stanlow Manufacturing Complex, Ellesmere Port UK. The refinery, previously owned by Shell has a refining capacity of 12,000,000 tonnes a year of Crude Oil.
As of May, 2010, Essar Global Limited the holding company of the Ruia brother raised up to £1.3bn by floatation of Essar Energy Plc on the London Stock Exchange. Essar Energy Plc is a FTSE 50 company. Essar had hired banks JPMorgan Cazenove and Deutsche Bank
Deutsche Bank
Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...
to organise the share listing. Sanjay Mehta a senior board member of Essar Global Limited was identified in the Economic Times of India* as the person who led the transaction. 7 March 2010, Essar announced that it had signed a deal to buy US coal producer Trinity Coal Partners from US private equity group Denham Capital for $600m.
Indian operations
Essar Steel is the largest steel producer in western India, with a capacity of 10 MTPA at Hazira, Gujarat. The Essar Steel complex at Hazira in Gujarat, India has a complete infrastructure setup, including a captive port, lime plant and oxygen plant. The company is building a 1.5 MTPA plate mill and a 0.6 MTPA pipe mill in Hazira.The Indian operations also include an 8 MTPA beneficiation plant at Bailadila, Chhattisgarh, an 8 MTPA pellet complex at Visakhapatnam, a 5.5 MTPA hot briquetted iron plant in Hazira and a 1.4 MTPA cold rolling complex. Additionally, Essar is setting up an 12 MTPA pellet plant in Paradip, Orissa.
Products and services
Essar Steel produces customized products catering to a variety of product segments and is IndiaIndia
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
's largest exporter of flat products to the US and European markets, and to those of South East Asia and the Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...
.
Energy
Essar OilEssar Oil
Essar Oil is an Indian integrated oil and gas company that is part of the Essar group based in Mumbai. It operates a major refinery in Gujarat, India, which made it the second largest non-state refiner in India in 2009....
is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to oil retail. It has a portfolio of onshore and offshore oil & gas blocks worldwide, with about 70,000 km2 available for exploration.
Exploration and production
The Exploration and Production business of the company has participating interests in several hydrocarbonHydrocarbon
In organic chemistry, a hydrocarbon is an organic compound consisting entirely of hydrogen and carbon. Hydrocarbons from which one hydrogen atom has been removed are functional groups, called hydrocarbyls....
blocks for exploration and production of oil & gas. This includes the Ratna and R-Series fields and one shallow water offshore exploration block, both in proximity to the Mumbai High field in the Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
offshore basin. The business also has interests in an exploration block in Mehsana
Mehsana
Mahesana is a city and municipality in Mehsana district, in the Indian state of Gujarat.-City and surrounding area:Situated near Ahmedabad and Gandhinagar, Mehsana is one of the largest cities in North Gujarat; followed by Patan and Palanpur. A number of primary industries including dairy, oil...
, Gujarat, which in currently under commercial production. It additionally owns a Coal Bed Methane (CBM) block at Durgapur in West Bengal
West Bengal
West Bengal is a state in the eastern region of India and is the nation's fourth-most populous. It is also the seventh-most populous sub-national entity in the world, with over 91 million inhabitants. A major agricultural producer, West Bengal is the sixth-largest contributor to India's GDP...
, and two more exploration blocks in Assam
Assam
Assam , also, rarely, Assam Valley and formerly the Assam Province , is a northeastern state of India and is one of the most culturally and geographically distinct regions of the country...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. The overseas exploration assets include two onshore oil & gas blocks in Madagascar
Madagascar
The Republic of Madagascar is an island country located in the Indian Ocean off the southeastern coast of Africa...
-Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
, one onshore
Onshore
Onshore is a term used in finance to denote the jurisdiction in which a company is domiciled and in which it pays a significant rate of tax. It is the opposite of offshore, which denotes a tax haven...
block in Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
, two offshore blocks in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
and one offshore
Offshore
- Finance and Law :* Offshoring, active movement of companies to offshore centres* Offshore financial centre, jurisdictions which transact financial business with non-residents...
block each in Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
and Nigeria
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
.
Essar also owns a 50 percent stake in an 88,000-bpd refinery operated by Kenya Petroleum Refineries Ltd in Mombasa
Mombasa
Mombasa is the second-largest city in Kenya. Lying next to the Indian Ocean, it has a major port and an international airport. The city also serves as the centre of the coastal tourism industry....
, Kenya
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...
.
Power
Essar EnergyEssar Energy
Essar Energy plc is a United Kingdom-incorporated, Mauritius-headquartered energy business operating primarily in India. Part of the Essar Group, the firm has interests in both the power generation and petroleum industries...
, approximately 76% owned by Essar Group, is today India's fifth largest power generation company in the private sector after Tata power
Tata Power
Tata Power is India’s oldest and largest private sector power utility with an installed generation capacity of over 2977 MW.On the 22 March 2011 it has announced partnership with Sunengy an Australian firm, to build India's first floating solar plant....
, Lanco power, Adani power
Adani Power
Adani Power Limited is the power business arm of Indian business conglomerate Adani Group with head office at Ahmedabad, Gujarat. The company is India's largest thermal private power producer with capacity of 3300 MW....
and JSW energy
JSW Energy
JSW Energy Limited JSW Energy Limited (JSWEL) JSW Energy Limited (JSWEL) ( a subsidiary of the JSW Group based in Mumbai. JSW Energy was incorporated in 1994. JSW Energy has 995 MW, of operational generating capacity and 2145 MW of generating capacity in the construction or implementation phase...
. Its current generation capacity of 1,600 MW is being expanded to 8,070 MW. With a portfolio of gas
Gas
Gas is one of the three classical states of matter . Near absolute zero, a substance exists as a solid. As heat is added to this substance it melts into a liquid at its melting point , boils into a gas at its boiling point, and if heated high enough would enter a plasma state in which the electrons...
, coal
Coal
Coal is a combustible black or brownish-black sedimentary rock usually occurring in rock strata in layers or veins called coal beds or coal seams. The harder forms, such as anthracite coal, can be regarded as metamorphic rock because of later exposure to elevated temperature and pressure...
and liquid fuel based power plants, Essar Energy is among the lowest cost power producers. It has also entered the transmission and distribution sectors in India where it has quickly built a strong presence.It is market leader in western India. Essar Energy holds a controlling stake in Essar Oil
Essar Oil
Essar Oil is an Indian integrated oil and gas company that is part of the Essar group based in Mumbai. It operates a major refinery in Gujarat, India, which made it the second largest non-state refiner in India in 2009....
.
Existing and upcoming plants
Essar Power operates five power plants with a combined capacity of 1,200 MW in three locations across India. Including two gas-based plants and one liquid fuel based plant in Hazira, a co-generation plant in Vadinar and a coal-based plant in Visakhapatnam.Two 1200 MW power plants in Tori,Jharkhand and Mahan, M.P.Communications
Essar Communications is in the communications sector with presence in telecom services, telecom retail, telecom tower infrastructure and business process outsourcing. More InfoVodafone-Essar
Vodafone EssarVodafone Essar
Vodafone Essar, formerly Hutchison Essar, is a cellular operator in India that covers 23 telecom circles in India. It is based in Mumbai. On July 2011, Vodafone Group agreed terms for the buy-out of its partner Essar from its Indian mobile phone business. The UK firm paid $5.46 billion to its...
is a joint venture of Essar Communication Holdings Ltd and the UK-based Vodafone Group. It is one of India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
's largest cellular service companies, with a subscriber base of over 90 million. Essar is also venturing into emerging markets in Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
and South Asia
South Asia
South Asia, also known as Southern Asia, is the southern region of the Asian continent, which comprises the sub-Himalayan countries and, for some authorities , also includes the adjoining countries to the west and the east...
. In Kenya
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...
, Essar Communications has launched a new cellular services brand called “yu
Yu
is a very common Japanese given name used by either sex.-Possible writings:Yū can be written using different kanji characters and can mean:*優, "tenderness" or "superiority"*夕, "evening"*友, "friend"*有, "qualified"*勇, "courage"*祐, "help"*裕, "abundant"...
”, becoming the country’s fourth telecom operator. YU currently has 2.1 million subscribers and counting.
Shipping Ports & Logistics
Essar ShippingEssar Shipping
Essar Shipping Ltd. now Essar Shipping Ports & Logistics Limited is an Indian shipping and logistics corporation with a focus on transportation solutions for the global energy business. The company is a part of Essar Group. It was started in 1945. The company is listed in Bombay Stock Exchange...
was started in 1945.Ports & Logistics is a comprehensive sea logistics company with presence in sea transportation, ports & terminals, logistics and oilfields services. It owns a shipping fleet of 25 vessels, and has placed orders for 12 new ships. It is one of India's largest operators of ports and are building a cargo handling capacity of over 150 MTPA.
Sea transportation
The Sea Transportation business provides transportation management services for crude oil and petroleum products, and dry bulk cargo to the global energy, steel and power industries. It has a diversified fleet of 25 vessels, including Very Large Crude Carriers, product tankers and cape-sizes. It provides crude oil and petroleum products transportation, transportation management services and integrated dry bulk transportation services.Ports and terminals
The Ports & Terminals business is among India's largest owners and operators of portPort
A port is a location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land....
s and terminal facilities. The operations include an oil terminal in Vadinar
Vadinar
Vadinar is small coastal town located in Jamnagar district of the state of Gujarat, India. The offshore oil terminal of the Kandla Port Trust is located in Vadinar and contributes in a large way to the total earnings of this major port...
and upcoming bulk terminals in Hazira and Salaya
Salaya
Salaya is a city and a municipality in Jamnagar district in the Indian state of Gujarat.-Geography:Salaya is located at . It has an average elevation of 19 metres .-Demographics:...
, all in the state of Gujarat. Vadinar, which is an all-weather, deep-draft port, serves major oil refineries and independent cargo traders in the region. The terminal has crude receiving capacity of 32 MTPA (being expanded to 50 MTPA) and sea-based product dispatch capacity of 14 MTPA. The port at Hazira has a capacity to handle 8 MTPA of bulk cargo. This will be enhanced to 30 MTPA through building a shipping channel that can berth larger vessels. The enhanced capacity will not only serve the expansion in the Hazira steel plant, but also cater to the needs of the upcoming Essar SEZ units. The business is also building a port, of about 20 MTPA capacity, at Salaya
Salaya
Salaya is a city and a municipality in Jamnagar district in the Indian state of Gujarat.-Geography:Salaya is located at . It has an average elevation of 19 metres .-Demographics:...
comprising a bulk and liquid terminal with container handling facilities.
Logistics
The Logistics business provides end-to-end logistics services from ships to ports, lighterage services, intra-plant logistics and dispatch of finished products. It owns trans-shipment assets to provide lighterage support services, and onshore & offshore logistics services. It also operates a fleet of 4,200 trucks to provide inland transportation of steel and petroleum products.External links
- Shashi & Ravi Ruia Profile at ForbesForbesForbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...