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
GreenLine Invests $275M in Green Logistics, Nikhil Kamath Adds $20M
MUMBAI (India CSR): GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered...
The Future of CSR in India with Dominic Dsouza
Dominic Dsouza is the Chief Operating Officer – CSR at Essar Foundation. He has over 40 years of work experience...
CSR: Essar Foundation Backs Aspiring Athlete Priya Gupta in Pursuit of Olympic Glory
MUMBAI (India CSR): Essar Foundation, the CSR arm of Essar, proudly announces its continued support for Priya Gupta, a dedicated athlete...
CSR: Essar Foundation organises ‘Dwarika Padyatra Seva Camp’ for Pilgrims
Over the last 50 years, Essar has worked closely with the communities residing in the vicinity of its operations.
Sustainability: Essar Partners with Technology Firm to Cut 1 Million Tons of CO2 at UK Oil Facility
Bengaluru: Essar Oil UK announces the selection of a second key licensor technology provider, Topsoe, for the planned EET Industrial Carbon...
CSR: Essar Power, Essar Foundation supports promising ‘Race Walker’ Priya to achieve her dream
Essar Foundation is keen to create awareness amongst the youth and has always maintained an inclusive environment with regards to...
CSR: Essar donates water filters to mark Swachh Bharat Abhiyan
Essar Foundation has a rich heritage of service across India in health, education, livelihood, women empowerment, sports, environment and infrastructure....
CSR of Essar: Donating essentials to Jay Janardan Swami Anath and Vrudha Ashram, Nashik
Essar Foundation has been active in social welfare in villages around Essar sites. Mumbai: Essar Foundation has always been leading...
Dominic Dsouza, COO– CSR, Essar Foundation to speak at Maharashtra CSR Summit
MUMBAI (India CSR): Dominic Dsouza, COO– CSR, Essar Foundation will be a special guest and speaker at Maharashtra CSR Summit in...
Dominic Dsouza, COO, Essar Foundation
Dominic Dsouza is the COO - Chief Operating Officer of Essar Foundation Dominic Dsouza, the present COO of Essar Foundation...
