Essar Group - Essar Infrastructure

Company description

Essar began its operations with the construction of an outer breakwater in Chennai port. It quickly moved to capitalize on every emerging business opportunity, becoming India's first private company to buy a tanker in 1976. The company also invested in a diverse shipping fleet and oil rigs, when the Government of India opened up the shipping and drilling businesses to private players in the 1980s.

Then, in the 1990s, Essar began its steelmaking business by setting up India's first sponge iron plant in Hazira, a coastal town in the western Indian state of Gujarat. The company went on to build a pellet plant in Visakhapatnam, and eventually a fully integrated steel plant in Hazira.

The 21st century for Essar has been all about consolidating and growing the businesses, with mergers and acquisitions, new revenue streams and strategic geographical expansion.

Company details

77, CP Ramaswamy Road

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • June 08, 2022

    Adani Transmission to acquire Mahan Sipat transmission project from Essar

    Adani Transmission Ltd. has signed definitive agreements with Essar Power Ltd. for the acquisition of a 673 CKM operational inter-state transmission project in India owned and operated by Essar Power...

    Read more
  • January 11, 2022

    RFQ issued for Riyadh – Qassim IWT Pipeline PPP project in Saudi Arabia

    The Saudi Water Partnership Company (SWPC) has issued a request for qualification (RFQ) notice to 31 interested companies for the Riyadh –Qassim IWT Pipeline PPP project. The pipeline has a...

    Read more
  • February 23, 2015

    No bids for Vizhinjam port project

    None of the three bidders has submitted a final proposal for the Vizhinjam International Deepwater Seaport (VISL) container terminal PPP project in India.

    Read more
  • August 13, 2014

    Three bidders to bid for Vizhinjam seaport PPP project

    Three of the five firms that were shortlisted in March have purchased the price bid documents to participate in the tenders process for the Vizhinjam International Deepwater Seaport (VISL) in India.

    Read more
  • April 03, 2014

    Essar Ports to invest in Mozambique port concession

    Indian port operator, Essar Ports, has sought the approval of its shareholders to invest up to US$25 million in a joint venture, which plans to develop a coal terminal at the Beira port in Mozambique.

    Read more
  • March 27, 2014

    Five teams shortlisted for Vizhinjam International Seaport Project

    Kerala's Department of Ports has announced that five teams have been shortlisted to develop the Vizhinjam International Deepwater Seaport (VISL).

    Read more
  • February 21, 2014

    Adani Group wins Ennore port concession

    Ennore Port Limited in India has announced that has awarded the project to develop the Rs.12,700-million (US$220 million) container terminal at Ennore Port to Adani Port and Special Economic Zone (APS...

    Read more
  • December 19, 2013

    Essar Ports to develop three iron ore berths at Visakhapatnam Port

    Essar Ports Ltd., has entered into a concessional agreement with Visakhapatnam Port Trust for the development and operation of three iron ore berths at Visakhapatnam Port.

    Read more
  • November 20, 2013

    Ups and downs in India port sector - PPP projects

    Given the desperate need of maritime infrastructure in India, each port trust wants to win the race to attract traffic volume to its berths. This battle is leaving behind a few projects that will not...

    Read more
  • July 30, 2013

    11 firms submit interest for Ennore port terminal

    Eleven companies, including four foreign firms, have submitted responses to the Requests for Qualification (RFQ) launched in June 2013, to develop the Rs.1,270-crore (US$220 million) container termina...

    Read more