Essar Global Fund Limited (“EGFL”) is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy (comprising Exploration & Production, Refining & Marketing and Power businesses), Infrastructure (comprising Ports and EPC businesses), Metals & Minerals, Services (comprising Shipping, and Oilfield services), and Technology (comprising Technology Solutions, Mobile Wallet, Device protection and Customer experience ). EGFL invests long-term capital into the portfolio companies and holds near 100% stake in all its investments. EGFL invests with a sense of active ownership, which involves direct engagement with the management of the respective businesses. The portfolio companies have aggregate revenues of about USD 14 billion and employ over 7,000 people.
Over the last few years, Essar has reduced its groupwide leverage by more than US $20 billion (or over Rs 140,000 crore, about 85 percent of overall debt) through aggressive monetization of some of its key businesses, like Essar Oil, Aegis and Equinox Realty. These businesses were acquired by global majors at record valuations and are a testament to the quality of assets built by Essar.
ESSAR CSR & Sustainability Updates
CSR : Induction program for HERO Talent Search – 2019 held in Jaipur
JAIPUR: An induction program for the beneficiaries of HERO Talent Search – 2019 organised here in Jaipur. The program aims...
State-owned steel companies spend Rs 220 cr on CSR
New Delhi - NMDC Ltd is the highest spender of the Corporate Social Responsibility (CSR) money among the Central Public...
Covestro supports sustainable urban development
Innovative material solutions for energy-efficient solar houses Ongoing urbanization brings with it many challenges, especially in megacities as they are...
Summit to discuss tie-ups to boost social development-CSR link
MUMBAI: Representatives from the corporate world, NGOs, government officials and academicians will gather for a summit that will deliberate on...
Anarben Patel to inaugurate CSR Seminar in Ahmedabad on 12 July
India CSR News Network AHMEDABAD: Udgam, a NGO and Vishwa Yuvak Kendra (VYK) is organizing seminar on July 12, 2016, Time: 9:30 to...
Summit on Business Sustainability & Responsibility Reporting in Delhi
NEW DELHI: PHD Chamber is organizing Business Sustainability & Responsibility Reporting Summit 2016 on 24 June 2016 at PHD House, New...
Andhra CM launches 275 mobile medical units for the state
Piramal Swasthya, a part of the Piramal Foundation, to be the project partner, Chandranna Sanchara Chikitsa Project to be spread across...
Public Relations Society Honours Pavan Kaushik with “Excellence in Corporate Communication” Award
IndiaCSR News Network UDAIPUR: Public Relations Society’s Jaipur Chapter honoured Pavan Kaushik, Head of Corporate Communication of Hindustan Zinc with...
IFCCI organizes Indo-French CSR Forum
IndiaCSR News Network NEW DELHI: The Indo-French Chamber of Commerce & Industry(IFCCI) organised the first edition of Indo-French CSR Forum...
