Sunil is also the President of Wind Independent Power Producers Association. Were primed to lead the national charge in the development of changing energy infrastructure and create the UKs first sustainable energy hub. Madhu Vuppuluri is the Operating Partner, Metals & Mining, Essar Capital. Low carbon hydrogen will be produced at the Stanlow Manufacturing Complex located in Ellesmere Port, Cheshire. Previously Group Director at Gulf Petrochem, he is an oil and gas professional with around 35 years of experience in sales, marketing and trading of petroleum products in India, the Middle East and Nigeria with Public Sector Undertakings, Multi-National Companies and private sector companies. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. This innovative bio-refinery will convert several hundred thousand tonnes of pre-processed waste, which would have otherwise been destined for incineration or landfill, into approximately 100 million litres of low carbon SAF annually. Follow on capacity growth is planned to reach 80% of the UK Governments new target of 5GW of low carbon hydrogen for power, transport, industry and homes by 2030. Prashant is part of the second generation of the Ruia family that founded Essar. He is responsible to advise and represent the company for all the legal matters concerning the Energy sector investments and portfolio businesses. With over 20 years of experience in the field of M&A and transactions, he leads all the M&A structuring on complex transactions globally for Essar Capital. Because of Essars experience in marine construction projects, the shipping business was a natural extension. Registered office address The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB Company status Active Company type Private limited Company. Essar Ports Limited Essar House, 11, K.K. With over 30 years of experience in operational leadership, investment management and business growth across diverse sectors, Srinivasan provides critical evaluation on current and future capital investments. Operating Parter, Infrastructure & MD & CEO, Essar Ports. In addition, SAF produced at the site offers a 90% reduction in particulates, which may benefit local air quality in and around airports. Recently, he was also awarded Business Leader of the Year in the NBFC segment by ET Now. Harnessing our expertise and experience, ambition and can-do approach, we contribute to a more sustainable society while providing value propositions to our partners by simplifying their supply chains. Essars Indian lenders refused to bail the company out. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking for Infrastructure. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. We are committed and primed to lead the national charge in the development of a more sustainable energy infrastructure by creating the UKs first eco-friendly energy hub. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. For SBI, the proposal posed a real challenge since it involved a first-of-its-kind transaction for the bank as well! India Salaya Vizag Stanlow. Stanlow Terminals Limited Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4BD United Kingdom . Vertex Hydrogen is a joint venture between Essar Oil UK and Progressive Energy. Fulcrum BioEnergy, Limited is a wholly owned subsidiary of Fulcrum BioEnergy, Inc., a pioneer in the development of projects to convert everyday household and commercial waste into low-carbon aviation fuels and other transportation fuels. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. In September, EOUK announced it had signed a Heads of Terms offtake agreement with Vertex, a joint venture with Progressive Energy, for the supply of 280MW+ of hydrogen. In his avatar as editor of a business daily, he also made his mark as a widely respected and incisive columnist on macroeconomics, fiscal and monetary policy. Essar merged these circles into Hutchison Essar to create a telecom major. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. He also ensures the successful delivery of the organisations corporate and business plans and desired outcomes. Rajiv Agarwal is the Operating Partner, Infrastructure, at Essar Capital and Managing Director, Essar Ports.He has over 30 years of experience and has held leadership positions in sectors such as Ports, Shipping, Telecom, Retail and Business Processing Outsourcing. Fulcrum's partner, Essar, will assist with the blending and supply the sustainable aviation fuel to airlines, with Stanlow Terminals Limited providing product storage and logistics solutions for the project under a long-term agreement. Address. Choose Additional Cities in Arizona by Selecting the First Letter of the City. Essar subsidiary Stanlow Terminals is to provide storage and logistics services for a new 600 million (687.8 million) sustainable aviation fuel (SAF) plant to be built near Ellesmere Port, UK. Northampton Diesel 121.98 ppl, PU10 114.89 ppl. Essar will achieve its decarbonisations targets through a combination of incremental (energy efficiency and operating improvements) and transformational projects, including the 360 million carbon capture plant announced today, but also as a result of the significant investments Essar is making into hydrogen and biofuels. B.C. Madhus expertise lies in the area of mergers & acquisition, fund raising, investor relations, and operations management, and leads future capital investment recommendations to Essar Capitals Board of Directors. Patrick Walters, Chief Executive Officer, Stanlow Terminals Limited, said: This landmark announcement of our partnership with Fulcrum after our first year of operations is an excellent example of why Stanlow Terminals Limited was established. Essar Oil UK, which is being advised by EY, also insists it has made considerable progress to strengthen its financial position and agree new financing. He has been a key member of several industry committees like Confederation of Indian Industries, Federation of Indian Commerce Industries, The Associated Chamber of Commerce & Industry of India and SUPERBRANDS for several years. The aim was to build a diverse fleet that could help hedge any downturns in the business. Essar Global Fund Limited (EGFL), set up in 2005, invests in building and nurturing assets, and creating value in the core sectors of Energy, Infrastructure & Logistics, Metals & Mining and Technology & Retail. Founded in 2007, Fulcrum BioEnergy, Inc. has developed a proprietary process, using commercially proven technology, to convert waste that would otherwise be landfilled or incinerated, into low-carbon, ultra clean burning liquid transportation fuels (Fulcrum FuelTM). Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. The company received underwriting commitments from Chase and Lehman Brothers. It owned 11 land rigs, one offshore rig and a drill ship. However, Essars chosen policy was to get into areas of import substitution, high technology and national importance. He is on the Boards of World Steel Association, and the Metals & Mining and Energy industry Committee of the World Economic Forum. So Essar set up steel manufacturing facilities at Hazira with the objective of gaining value addition. Mr Naushad Ansari is Managing Director, Business Development, at Essar Capital. . info@fulcrum-bioenergy.com . Kailash Daultani currently serves as the Managing Director, Treasury and Finance, at Essar Capital. Copyright 2023 Essar. All these projects helped transform Essar Constructions into a leading EPC contractor. Ravi Ruia belongs to the generation of industrialists who have played a significant role in leading Indias industrial renaissance. 11, K.K. Contact ; Transforming Logistics; New Offerings; Ports & Terminals. Essar followed up this success, by setting up a pellet plant in Visakhapatnam as part of its backward integration strategy. Not one to lag behind, Essar seized every opportunity that came its way. Bespoke sustainable solutions to suit logistics and supply chain requirements. All these measures have made Essar Steel, the largest integrated steel producer on Indias west coast and one of the largest producers of flat steel in the country. Additionally, he is also a member of the India-Indonesia CEOs Forum. Essar Oil UK to build $430 mln carbon capture facility at Stanlow Leveraging his extensive business network, Firdhose has also played an active role in assisting portfolio companies with business development and cross-border transactions or business relationships across Africa, the Middle East and Asia. ian.cotton@essaroil.co.uk and 07805 854169, Jeff Ovens, Managing Director, UK & Europe, jovens@fulcrum-bioenergy.com and 07399 472 650. Stanlow has 800 employees, and is a key strategic national asset, annually producing over 16% of the UKs road transport fuels, while playing a key role in Britains broader petrochemical industry. Worse was to follow. General enquiry Contact us Commercial enquiry Retail enquiry Purchasing and Supplier Management (PSM) enquiry Careers enquiry General enquiry For general enquiries please write to: Stanlow Refinery Ellesmere Port Cheshire CH65 4HB Or phone Switchboard 0151 350 4000 Mr Sogani, who was the Group CFO of Jindal Steel & Power Limited, has over 25 years of experience specialising in areas of business and financial management with special focus on strategy, M&A, business/corporate development, business restructuring, corporate finance, capital markets, investor relationship, governance and operations. Tempe, AZ White Pages. Essar Oil UK is a leading UK-focused downstream energy company whose main asset is the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe and situated close to the major cities of Liverpool and Manchester. Essar began the process of refinancing one year in advance, in May 1998. Sustainable aviation fuel plant set for take off at Stanlow - Essar The power plant was originally conceived to cater to Essar Steels requirements, but was later converted to an independent producer with a capacity of 515 MW. It is also a major regional employer with over 900 staff, an additional 800 on site contractors and a further 5,000 people employed indirectly through the extended value chain. Since 2010, some of the pioneering investments were proactively monetised for an enterprise value of US$ 40 bn through large transactions with foreign and Indian entities. Email. Essar Oil (UK) Limited (Essar) is delighted to join forces with Fulcrum BioEnergy Limited (Fulcrum) and Essar's subsidiary company Stanlow Terminals Limited to create a new facility which will convert non-recyclable household waste into sustainable aviation fuel (SAF) for use by airlines operating at UK airports. Pleasanton, CA 94588. and more than 70 percent of its shipping revenues came from international operations. Essar Oil (UK) Ltd is committed to playing a key role in the decarbonisation of the UK economy, with ambitious plans to build an energy transition cluster at Stanlow. The Research & Development team developed high-end products for specialized applications, like interstitial free steel for auto and auto components, high-end API grade steel for the petroleum industry, steel conforming to the ABS standard for ship building industry and so on. Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital.