essar stanlow address

In addition to outside contracts, it executed all of Essars internal projects. The steel generation capacity at the Hazira plant was raised from 2 MTPA to 2.4 MTPA through de-bottlenecking. Vikash Saraf is the non-executive director of Essar Capital. The development will see Fulcrum, whose parent is based in California, United States, construct, own and operate the plant within Essar's Stanlow Manufacturing Complex in the North West of England. In 1999, the government announced a new telecom policy that was more conducive to growth. It vigorously worked towards restructuring its balance sheet, drawing up a three-pronged strategy to address the issue: Increase capacity, move to value-added segments and bring down finance costs. Located on the south side of the Mersey Estuary close to Liverpool and Manchester, STL is the newest and largest third party liquid storage business in the UK, controlling 3 million cubic metres of capacity. In addition to OSVs, it bought Diving Support Vessels and Multi Support Vessels. All of its portfolio companies share the Funds ESG centric value system, reflecting the philosophy of placing people before profit. Mr Sogani helps manage Essar Capital investments in the portfolio companies of metals & mining sector. When Essar conceived the project, international steel prices were in the region of USD 450 per tonne. He established PetroFina in India and was part of the team that launched Gulf Oil in India post opening up of the market. As a core part of the HyNet cluster, Essar's Stanlow site already plays a prominent role in the UK's energy transition planning framework, following the selection of HyNet by the UK government in . When the power sector was opened up for private participation, Essar was one of the first companies to enter the fray. Email. Srinivasan Vaidyanathan is the Operating Partner, Technology & Retail, at Essar Capital. These include the construction of two new low carbon hydrogen production units on site as part of HyNet, with a planned total investment of 1 billon. 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. Box 2260 Tempe, Arizona 85280-2260 To visit us on site: ASU Fulton Center 300 E. University Drive Tempe, AZ . Essar has invested in a portfolio of world-class companies across sectors and geographies. The refinery plays a strategic role in the UK economy, supplying 16% of all road transport fuels. As part of the backward integration, a 4 MTPA pellet plant was set up in Visakhapatnam; forward integration was achieved with a 2 MTPA steel plant. He has also led digitalisation initiative in GRC space and was instrumental in running technology-based solution around enterprise risk, compliance risk, license management and document repository systems. Subsequent to the HyGrade takeover, the pellet making capacity was enhanced to 8 MTPA. . exploration & productionand downstream, into refining. Mumbai - 400034 Thus Essar was able to build one of the most valuable telecom companies in the world. The chemicals manufacturing plants uses technologically-advanced process units to produce propylene and turn ethylene, benzene, hydrocarbons and other feedstocks into a wide range of polymer and other products. With more than 50 years of experience, he guides Essar through transformations, manages operating functions and leads complex projects. But the Sunday Times reported that the government was on alert in case Stanlow collapsed, and that it could go into insolvency if it could not raise more funds. Again, breaking the tradition of locating manufacturing facilities close to the mines, the Company chose to build the plant at Hazira, a port on the west coast of India. With over 15 years of experience in diverse fields including media & publishing, corporate communications. Essar is to make a 1.98bn investment at its Stanlow refinery as it continues its low carbon energy transformation / Picture: Essar Group Prashant Ruia, director of Essar Capital , said: "The launch of EET is a major milestone in Essar's long-standing commitment to put the UK at the forefront of low carbon energy. 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. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. Marg, 4900 Hopyard Road Essar is a leading UK-focused downstream energy company whose main asset is the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe situated close to the major cities of Liverpool and Manchester. In 2006, Hutchison, too, decided to exit India. In early 2005, Essar restructured the balance sheet and work resumed with renewed vigor on completing the refinery project. Purchasing and Supplier Management (PSM) enquiry, 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. 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. Raj Varma is an Advisor, at Essar Capital. Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning. Michelle Lewis, Corporate Affairs Director, Essar: michelle.lewis@essaroil.co.uk / 07805 854169, Peter Ogden, Powerscourt: essar@powerscourt-group.com / 07793 858 211. Hutchison Essars subscriber base, too, has risen from 1,50,000 to 28 million. Badrinath Durvasula joined Essar as the Managing Director, Legal, and oversees and advises the legal function for the Energy, Services & Technology sectors. Essar is already making rapid progress against its broader decarbonisation targets. He also served as a member on the Boards of Bharat Shell, and was the managing director of Bharat Oman Refineries Ltd. After a brief stint with Reliance Industries as its advisor, Varma joined Essar Oil as its CEO, Marketing, in 1999. 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. 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. They primarily export from United States with 17 shipments . Currently, he heads the country operations of Afrocentric Group in Mauritius and is the Managing Director of Medscheme International. 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. When commercial production began in 1996, this had fallen to USD 380 per tonne. Utilising our strong geographical position and experience in the energy sector, we are providing delivery solutions based on the ability to safely handle energy products to meet the needs of todays society and tomorrows society. . Prior to this, he was a partner with KPMGs risk consulting practice focusing on enterprise and compliance risk management, partnering with leading multinational companies in areas of GRC in India, North America and Middle East. Essar is investing over 1 billion into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030 and put Essar at the forefront of the UKs shift to low carbon energy. His academic research paper on Sustainability and Renewable Consumption Obligation has been presented at forums of international repute. He has overseen Essars BPO and Power businesses, Smiti is a self-driven business leader and a true entrepreneur at heart. Essar Energy enters into agreement to buy Royal Dutch Shell's Stanlow refinery for US$350 million. In 2012, he was awarded an excellence award for his contribution to renewable energy and sustainability by the Energy and Environment Foundation. Thangapandian Srinivasalu currently serves as the Advisor for investments in the Energy sector at Essar Capital. With has a nameplate capacity of 296,000 barrels of oil a day, it is responsible for about one sixth of the UK's petrol supply. Essar sponsors Indias largest annual junior soccer hunt challenger, Essar pledges to make substantial investment in the state of Odisha, www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/, Essars ambition is to be a leading low carbon refinery, with a long-term transformation into a low carbon energy provider, Major driver of carbon reduction will be the construction of a 360 million CO2 Capture Plant, set to start in Q1 2025, with completion in 2027. 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. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. Hazira was also the land fall point for gas from the Bassein gas field in Bombay High. Essar Ports is both a people-driven and people-centric organisation. Ensuring your bulk liquid products reach their destinations with ease. Address. Delivering cleaner/greener energy solutions, Localise the supply chains for the industry, Create logistics network, storage solutions and platforms by leveraging technology, To be the trusted go to technology solution integrator, https://www.essar.com/wp-content/uploads/2021/09/Essar_Corporate_Film.mp4, Provide new environmentally beneficial source of energy in India, Transform Essar Oil UK to become a global benchmark for green refineries, Build a hub for the UKs upcoming hydrogen transformation, Build an energy compliant state-of-the-art steel plant, Provide the lowest cost high grade green iron ore pellet in the United States and India, Enable trade and transport services across the industrial hubs in the west and east coasts of India, Create the largest independent hydrocarbon terminals business in North-West Europe, To architect, deploy, manage and secure the customers IT environment through customised solutions, To integrate intelligent digital networks and platforms, Implementing and managing investments and divestments, Preparing and delivering financial reports of EGFL, Implementing and overseeing appropriate policies and procedures, 1995 First Mover partnership with Hutchison Whampoa and then with Vodafone, Part Sale of Aegis USA Inc. to Teleperformance at $610 million, Sale of 98% stake in Essar Oil to Roseneft, and Trafigura-led consortium. Prior to joining Essar, he was associated with EY as a Partner for 11 years. He is responsible for investigation, analysis and assessment of risk, and accordingly design and implement strategies and processes which mitigate these threats. This was not sufficient for the business to achieve and sustain long-term growth. In 2005, when the vessel rates peaked, Essar sold its five Suezmax tankers at the price at which they were bought in 1994. Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. Physical location: 777 Novus, Suite 310AA, Tempe, AZ 85287-4308 Building: Novus Tower, Tempe Campus Mailing address: P.O. All Rights Reserved. Investing in an end-to-end logistics infrastructure. Fulcrum is currently commissioning the world's first commercial waste-to-transportation fuels plant, located in the United States. and more than 70 percent of its shipping revenues came from international operations. Mr Rajiv Gujjalu serves as Director Essar Global Fund Limited (EGFL). 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. Sale to Brookfield Asset Management Company, 10 MTPA integrated steel manufacturing complex. Mumbai Essar Essar House 11, Keshavrao Khadye Marg Mahalaxmi Mumbai 400 034 Maharashtra, India Tel. Rewants global exposure, fresh perspectives and arc of activities has contributed to Essars strategy and operations in the mining, steel and retail sectors both in India and abroad. Badrinath is a seasoned legal professional with over 29 years of core experience in implementing legal policies for corporates in the manufacturing, oil & gas and services sectors. Prior to joining Essar, he was the CEO of Religare Finvest Limited (RFL) and the Managing Director of Religare Housing Development Finance Corporation (RHDCL). By 2030, Vertex expects to deliver nearly 4GW of low carbon hydrogen, equivalent to c.40% of the UK Governments national target. Intelius reports cannot be used for background checks related to consumer credit, insurance, employment, housing or any other purpose prohibited under the FCRA. Stanlow has a highly efficient distribution capability for refined end products: Essar Oil UK remains the lowest cost supplier into the North West and is highly competitive in supplying adjacent markets. Unite general secretary Sharon Graham said: "Unite has contacted Essar who operate the Stanlow Oil Refinery to inform the company that due to the ongoing conflict in Ukraine, Unite workers at . The construction of two blue hydrogen production hubs at Stanlow will attract 750 million pounds ($1 Billion) in total investment and support a hydrogen economy across North West England and North East Wales. Earlier on he has worked with TCS in the beginning of his career. He was appointed as MD & CEO of Essar Shipping, Ports & Logistics Limited in 2010. 20 August 2011. Stanlow contributes an estimated 60 million each year to the local economy and will house the UK's first low carbon hydrogen facility. epl.secretarial . This has improved the quality of the ore and reduced the transportation cost. 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 This prompted Essar to start manufacturing sponge iron. Deepak Maheshwari, CEO of Essar Oil UK said: This new carbon capture plant is the single biggest initiative to decarbonise our processes and a core element to our hugely ambitious decarbonisation strategy. Sunil Jain is the Operating Partner for Energy transitions. Essar and the + device are registered trademarks of the Rising Groups Limited, an Essar Group company. Maharashtra, India, Copyright 2021 All rights reserved The takeover of SCGL has enabled Essar to widen its product base and cater to a larger segment of industries. He joined Essar in early 2000 and has played a key role on strategic investments of Essar in core economy and infrastructure sectors. Northampton Diesel 121.98 ppl, PU10 114.89 ppl. Fulcrum NorthPoint is expected to begin commercial production in the first quarter of 2027, producing approximately 100 million liters of low carbon sustainable aviation fuel each year. Object reference not set to an instance of an object. As the world comes together to develop innovative ways of generating sustainable energy the supporting storage and transportation infrastructure needs to evolve. Further, the company has now returned to Ebitda positive [earnings before interest, taxes, depreciation, and amortisation] and is therefore in a much stronger position to weather the continued challenge presented by the pandemic, it said. 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. Managing Director, Finance, Infrastructure, Technology & Retail, Managing Director, Business Development, Metals & Mining, Download Corporate Film(Extended Version). Alok Gupta is the Operating Partner, Technology & Retail, at Essar Capital. Essar Group on Monday announced a fresh investment of $3.6 billion in setting up an Essar Energy Transition (EET) to spearhead green energy transition projects in the UK and India. Doaa AboulThomas AbbottSusan AdamsEmilio AbundioBorzu AfshariRay AdamsAnn Addington, Mesa, AZPhoenix, AZChandler, AZScottsdale, AZGilbert, AZ. 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. In the second quarter, a devastating cyclone hit the western coast of India damaging several structures in the refinery site. 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. Essar G. Ltd is the primary contact at E-Telequest, Inc. E-Telequest, Inc generates approximately USD 13,100,000.00 in revenue annually, and employs around 300 people at this location. His experience spans several sectors including mining and natural resources, telecommunications, business process outsourcing, infrastructure, healthcare and manufacturing. Essar merged these circles into Hutchison Essar to create a telecom major. 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. During the period of stoppage, Essar had wisely planned for technology upgrades. With 18 years of experience, he has also served as the Senior Vice President, International Projects and Corporate Finance, with Essar Services. The Late 1980s: Foray into core sector manufacturing. Kent plc has been awarded a pre-FEED engineering contract to develop the facility that will take the CO2 emitted from one of Europes largest full-Residue Fluidised Catalytic Cracking units, located at the Stanlow refinery. Email address: SSTAdvising@asu.edu / SSTGradAdvising@asu.edu Phone: 480-965-7682 Location: Advising offices are located in 777 Novus, Suite . Essar saw a great opportunity and bought Indias first private tanker in 1976 for around USD 2 million. [1] www.essaroil.co.uk/news/uks-first-refinery-based-hydrogen-furnace-arrives-at-essar/. 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. She has more than 23 years of experience in Human Resources, having worked across industries like Manufacturing, Pharma, IT and Retail. Sited on a 770 hectare industrialised area of Ellesmere Port, Cheshire, Stanlow benefits from its close proximity to major north-west metropolises, a robust configuration and reliable, well maintained assets. Stanlow is a key strategic national asset, annually producing over 16% of the UK's road transport fuels, while playing an important part in Britain's petrochemical industry by providing key feedstocks. . In addition, Fulcrum NorthPoint was awarded a grant by the UK Government Department for Transport. With over 32 years of work experience in the technological sector, Alok leads all new capital investment recommendations to the companys board. He is a part of the Management Committee of Essar Capital. In order to lend stability to the Group, Essar planned to enter manufacturing. Acting as director of several client companies, Rajiv is a Fellow member of the Mauritius Institute of Directors since 2012. Over the last five years, EGFL has rebalanced its portfolio by strategically monetising some of the world class assets and businesses built by Essar, which has an entrepreneurial track record of 50 years. Essar will assist with the blending and supply the new SAF to airlines, with Stanlow Terminals Limited providing product storage and logistics solutions for the project under a long-term agreement. as panic buying hits forecourts across the country. Well do this through a combination of our unique geographical location, decades of experience and a passion for a greener, cleaner planet. Recently, he was also awarded Business Leader of the Year in the NBFC segment by ET Now. The Manchester Ship Canal that connects Liverpool to Manchester also provides further hinterland water connection to North West UK. He is the former Chairman and Managing Director of state-run natural gas giant GAIL India Ltd and had started his career in Oil and Natural Gas Corporation. EOUK had agreed to an accelerated schedule to make this payment. Contact Us. 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. Firdose Coovadia is an Advisor, Metals & Mining, at Essar Capital. Suite 220 Rakesh Kankanala is the Managing Director, Managing Director, M&A, Infrastructure, of Essar Capital. He has over 28 years of experience in investment banking, private equity, audit and investment in a variety of institutions including KPMG and UBS Warburg. Firdose has extensive experience in emerging markets, having been involved in advising governments, parastatals and companies in Africa, India, Europe and the Middle East. A slew of projects in each of these businesses were initiated in the 1990s when the Indian economy was booming. 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. At Hazira, a deep draft berth and shipping channel was constructed to enhance the cargo handling capacity by bringing larger vessels alongside the berth. He is respected for his project execution skills, financial expertise and people management capabilities. Since early August, the company has increased its daily vehicle shifts from 52 to more than 70, and is aiming to increase deliveries to more than 80 by the end of October, it said. Regular ferry services connect Stanlow from Liverpool and Holyhead to Ireland, Isle of Man, Northern Ireland and northern Spain. 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. Similarly, Essar Bulk Terminal was set up to create bulk terminal facilities at Hazira and other ports. Around this time, Bombay High had just started producing oil, which needed to be transported onshore. The company's spirited involvement in community service . 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. Essar again grabbed the opportunity and went on to become Indias largest rig operator in the private sector. Essar Ports Limited Essar House, 11, K.K. He also has rich experience in leading change management, cultural transformation, organisational redesign and restructuring. Dhanpat Nahata is the General Partner, Strategy and Risk, at Essar Capital. The commissioning was completed in October 1997. Object reference not set to an instance of an object. Subsequently he took responsibility as President Global Markets & Strategy since 2012 where he was responsible for sales, pricing strategy, marketing, and product & category management for the Steel business. The sponge iron plant, initially set up with a capacity of 0.88 million tonne per annum (MTPA), was expanded to produce 1.32 MTPA. Ellesmere Port, Cheshire, All these activities were consolidated under Essar Shipping and Logistics Limited. Retrieved 30 March 2012. Not only is it the right environmental thing to do, it will future proof the critical Stanlow refinery for the long term, protecting jobs and industry, while also placing Stanlow at the very centre of the UKs energy transition.. By 2006, all the circles were under one umbrellaHutchison Essar Limited. It had a fleet of over 100 vehicles of varying capacities. This is great news for the North West, with hundreds of jobs created as the region takes the lead in making aviation greener.I hope this is a sign of great things to come as we look forward to a sustainable, low carbon future for aviation, helping us push forward towards our 2050 net-zero target. The majority of the investment - across a range of hydrogen production technologies, decarbonisation, biofuels and infrastructure projects - will be at its Stanlow site ($2.4bn), with the balance in India. Independently, Essar had acquired licenses in seven circles where Hutchison Essar did not have operations, and in four circles of BPL. In addition, in an honorary capacity, Adithya is currently the Senior Vice President at the India Chapter of Institute of Internal Auditors Inc, USA and President elect for 2021 22. The company approached State Bank of India (SBI), a leading public sector bank in India, for a loan. Stanlow also plays an important part in Britains petrochemical industry, providing feedstocks such as toluene, propylene and ethylbenzene. Essar is building assets & creating value in new promising markets right from services to retail in India and internationally. Mr Viral Gathani is the Managing Director, Finance, Energy, at Essar Capital. He is an experienced professional and an industry veteran, with 33 years experience with Tata Steel and 11 years with Jindal Steel & Power. Operating Parter, Infrastructure & MD & CEO, Essar Ports. Mr Mehra is involved in various Essar initiatives in areas of Business Strategy, Investments, Corporate Governance, Risk Management and Sustainability. Located near Ellesmere Port in north west England, the Stanlow refinery is the second largest in the UK. The green energy projects will include an investment of $1.2 billion in green ammonia manufacturing in India. Essar also reentered the contract drilling services business after a hiatus of three years. The project was funded by Indian financial institutions and the ECB. As a result, while most shipping companies in India were making losses in the 80s, Essar was reaping profits. The ambitious plan sets firm foundations to accelerate the UK's path to net zero while transforming the economy, boosting employment and delivering growth. The company is a major supplier in the North West and beyond, with customers including most of the major retail brands operated by international oil . Prashant is part of the second generation of the Ruia family that founded Essar. Stanlow Terminals Limited Stanlow Diesel 121.87 ppl, PU10 114.81 ppl. Essar is investing to make our refinery at Stanlow, the UKs first low carbon refinery. The company received underwriting commitments from Chase and Lehman Brothers. Since 2010, some of the pioneering investments were proactively monetised for an enterprise value of US$ 40 bn through large transactions with foreign and Indian entities. Stanlow is connected to the rest of the UK by an extensive road network, focused on the M62, M60, M56, M53, A66, A69 East-West corridors and the South and Transpennine routes. By offering efficient low carbon logistics solutions to develop third party business we support diversification of the traditional refinery business and become a fundamental part of the UK drive to become carbon neutral. Madhu Vuppuluri is the Operating Partner, Metals & Mining, Essar Capital. Mr Deepak Sogani joined ESSAR in August 2020 as Managing Director Finance, Essar Capital, the investment manager for Essar Global Fund Limited (EGFL). Also, the financial sanctions imposed on India subsequent to the Pokhran nuclear test in May 1998 ensured that Essar was banned from raising FCCBs. Gifts and Donations to: ASU Foundation Attn:Financial Services P.O. Essar Capital Limited (Essar Capital) is the investment manager of Essar Global Fund Limited (EGFL).