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Essar signs MoUs to invest 55,000 crore in Gujarat

Essar is in a renewed phase of making strategic investments in the field of energy transition, power and port sectors in the state and aims to create over 10,000 job opportunities in the state with these projects, it said in a statement

 (Representative Photo)
Updated on Dec 14, 2023 08:38 PM IST

Essar Group becomes debt-free after repaying $25 billion

"Essar has concluded its asset monetisation programme and completed the debt repayment of $25 billion effectively making the group debt-free from Indian banks and financial institutions," an official statement said.

The logo of Essar group is seen at its headquarters in Mumbai, India.(REUTERS file)
Updated on Nov 21, 2022 11:07 PM IST
Reuters | | Posted by Nisha Anand
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