. The Stanlow refinery supplies about a sixth of the UKs road fuel. Stanlow Terminals Limited Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4BD United Kingdom . It also complements the announcement last month regarding a blue hydrogen development at Stanlow as part of the HyNet project. Vertex Hydrogen is a joint venture between Essar Oil UK and Progressive Energy. Priya Chakravarty is the Senior Director, HR, at Essar Capital. 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. 4900 Hopyard Road Suite 220 Pleasanton, CA 94588. He also worked at Essar Oil Limited, India, as CEO Marketing & IST, and was responsible for Retail Sales, Direct Sales, Retail Network Expansion, Sourcing Crude, Trading of Petroleum Products and Supply & Distribution in India and Kenya. Prashant holds key positions on several prestigious regulatory and professional boards. He is a strong business development professional with a Mechanical Engineering Degree from Aligarh Muslim University. Strategic investments in setting up world-class facilities in Steel, Power, Ports, Oil and Gas. Aviation is one of the most hard to decarbonise transport sectors and sustainable aviation fuel is a key enabler for the reduction of carbon emissions. However, Swiss PTT wanted to shut shop as part of its strategy to exit all Asian operations. His strength lies in leading new business development opportunities and conducting preliminary due diligence and analysis of emergent companies and partners. This landmark development supports our long term sustainability ambition to deliver the energy solutions of the future and position Stanlow as the UK's leading sustainable aviation fuel hub. Essar Group bets $3.6 billion on decarbonisation in India and UK In 2005, when the government came out with the unified licensing scheme, the JV started merging all the telecom circles. Our DNA is to invest with spirit of an entrepreneur, build assets with the passion of an owner and manage businesses with the discipline of a professional. Essar Oil UK Ltd - Code Of Conduct.pdf document - PDF | 4.8MB, Essar Oil UK - Anti-Slavery and Human Trafficking Statement.pdf document - PDF | 85.6KB, Essar Gender Pay Gap 2021.pdf document - PDF | 1.2MB, Tax Strategy Policy.pdf document - PDF | 481.5KB, The Stanlow Terminals Road Terminal which has significant spare capacity which provides supply resilience for the region, A direct connection via the UK Oil Pipeline through to Kingsbury, Northampton and beyond towards London, A pipeline connection to the UKs busiest regional airport at Manchester, Six berths on the Manchester Ship Canal handling export parcels of up to 10,000 tonnes, 4.4 billion litres of diesel every year - enough to drive a car doing 40 mpg 4,000 times around the equator every day, 3billion litres of petrol a year enough to drive a car 20 million times around the world, 2billion litres of jet fuela year enough to fuel 17,000 jumbo jets flying from Manchester to Los Angeles, Stanlow is one of thelargest refineries in Europe covering an area the equivalent of 300 football pitches, The refinery processes up to 9million tonnes of crude every year - thats more than 20,000 litres per minute, Distribution of products from Stanlow is mainly via road and pipeline. In 1999, the government announced a new telecom policy that was more conducive to growth. It also enables the import of large parcels of diesel. Copyright 2023 Essar. All these projects helped transform Essar Constructions into a leading EPC contractor. Even during the downturn in the shipping industry, Essar Shipping registered profits. Prior to joining Essar, he was associated with EY as a Partner for 11 years. Also, the financial sanctions imposed on India subsequent to the Pokhran nuclear test in May 1998 ensured that Essar was banned from raising FCCBs. Stanlow: Energy giant Essar unveils 2bn plan for low-carbon plant Realising the need to be a niche player in the global transportation industry, Essar drew up a plan to be a complete logistics solution provider. Essars energy transition strategy is based on five principles: running the core Stanlow refining processes as efficiently and safely as possible; decarbonising Stanlows operations; building a hydrogen future through the launch of Vertex Hydrogen (Vertex) and as a key part of the HyNet consortium; developing green fuels (including Sustainable Aviation Fuels); and establishing the UKs largest biofuels storage facility through Stanlow Terminals Limited. Essar says it is in positive discussions with HMRC for a short extension to its time-to-pay (TTP) arrangement agreed earlier this year, having repaid 547m of the 770m originally deferred. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Left with no option, Essar was forced to default on the FRN loan, despite having made concrete plans for refinancing. At Stanlow Terminals, we pride ourselves on being flexible to our customers' needs, with a market leading storage offering. Vertex's low carbon hydrogen production plant will be a core part of the HyNet low carbon cluster. The UKs first low carbon hydrogen facility will be built at Stanlow and will sit at the heart of the HyNet low carbon cluster, to produce a total of 1GW per year of hydrogen, across two units, from 2026. Prior to joining Essar, he was the CEO of Religare Finvest Limited (RFL) and the Managing Director of Religare Housing Development Finance Corporation (RHDCL). This debt was refinanced later when the government set up the Power Finance Corporation. Pleasanton, CA 94588. And in February, Essar announced it has joined forces with Fulcrum BioEnergy and Essar's subsidiary company Stanlow Terminals to create a new 600m facility which will convert non-recyclable. In addition to outside contracts, it executed all of Essars internal projects. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. Prior to joining Essar Capital, he lead several reputed public sector and private steel companies, including Steel Authority of India Limited and Rashtriya Ispat Nigam Limited as their Chairman and Managing Director. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. Until the mid-1980s, Essar was focused on the service sectors of construction and shipping, which were prone to cyclical volatility. What started out with an initial investment of USD 800 million had reached a valuation of USD18.8 billion in just six years. Located between Manchester and Liverpool on the west coast of the United Kingdom, Stanlow is connected to sea freight routes that extend globally, and are served by a host of international shipping lines such as ACL, MSC and NYK. Essar Capital is governed by its board of directors and its responsibilities as investment manager of EGFL include: Essar House, 11 KK Marg, Mahalaxmi, Mumbai 400 034, India. Not one to lag behind, Essar seized every opportunity that came its way. The Late 1980s: Foray into core sector manufacturing. Role Active Director Date of birth July 1961 EGFL is now poised to transition its existing assets towards a greener economy and invest in businesses which will transform sector landscapes from carbon to a clean energy ecosystem. The combined cycle power plant was state-of-the-art and was capable of using multi fuel with technology from General Electric, Hanjung and Siemens. In those early days of the telecom boom in India, effective policies were lacking and private telecom businesses were faced with several problems. epl.secretarial . A general view of Essar Oil UK's Stanlow oil refinery near Ellesmere Port, Britain, September 27, 2021. 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. The plant has a high availability factor of 99 percent. Your price for Delivered in supplies will be subject to delivery costs. India in those days had secondary steel makers who used imported scrap to produce steel. Vessel handling, product discharge, processing, blending and more, Connectivity Solutions Having completed his law degree from the University of Leeds, United Kingdom, Andrew has over 25 years of rich experience. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. Sanjay is a seasoned professional with more than 22 years of stellar experience in building and leading large financial businesses across wholesale and retail segments. Essar Oil UK Contact us Contact us How can we help you? Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. In the early 1980s, when the government opened up the ownership and operation of Offshore Supply Vessels (OSV) to private Indian companies, Essar was one of the first to enter the fray. Email address: SSTAdvising@asu.edu / SSTGradAdvising@asu.edu Phone: 480-965-7682 Location: Advising offices are located in 777 Novus, Suite . Fulcrum NorthPoint | Fulcrum BioEnergy Essar Group is to invest $3.6bn developing low-carbon energy in the UK and India under the newly formed Essar Energy Transition (EET). According to Essar, the Fulcrum NorthPoint venture will complement Essar's wider plans to build a green energy industrial cluster at the Stanlow site, and will fully integrate Essar, Stanlow Terminals, and Fulcrum assets and technology. Stanlows reconfigured and optimised single train operation delivers significant upgrading capability and produces an above average proportion of middle distillates, principally diesel and jet fuel, helping to addressthe significant and growing deficit in the UK and Europe. One of Essars strengths has been its ability to invest in businesses that have the potential for growth and its strategy to diversify as a hedge against cyclicality. Ensuring your bulk liquid products reach their destinations with ease. 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. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. Jatinder Mehra is the Vice Chairman & Operating Partner of Essar Capital. Along with brother Ravi, Shashi Ruia laid the foundation of Essar and spearheaded its business strategy, diversification and growth. Stanlow Terminals Limited He is responsible for capital raising, financial performance improvement, risk monitoring and corporate banking for Infrastructure. Retrieved 30 March 2012. With over 32 years of work experience in the technological sector, Alok leads all new capital investment recommendations to the companys board. Try LightSource for your strategic sourcing. 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. CH65 4BD, United Kingdom, UKs Largest Object reference not set to an instance of an object. The ambitious plan sets firm foundations to accelerate the UK's path to net zero while transforming the economy, boosting employment and delivering growth. 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.