After Posco India, Vedanta Aluminium, and Jindal Steel & Power (JSPL), Essar Steel has come under fire from green activists for alleged violation of environmental and forest laws.
Wildlife Society of Orissa (WSO), on the basis of documents obtained under the Right to Information Act, has alleged that Essar Steel Orissa (ESOL), a subsidiary of Essar Steel, has violated the Coastal Regulatory Zon
ESSAR Steel, the country's second largest private steelmaker by capacity, has signed up contracts with private iron ore miners from Orissa, including the Ahluwalia group and the Mesco group, for supplies over a 10-year period.
MUMBAI: The Essar group on Thursday said it had signed a definitive agreement to purchase the Aries' coal mines in Indonesia to secure long-term fuel linkages and capture the complete value-chain in all its power generation (Essar Power) businesses.
The Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-600 million (Rs 2,500-2,735 crore). Trinity is owned by private equity investment firm Denham Capital Management,
PARADIP: Land losers of Essar Palette project gheraoed the district officials and boycotted the award passing camp at Kujang demanding hike of land rate yesterday.
The land acquisition process for Essar project has not progressed for the last three years due to non-finalisation of private land rate.
Becomes fourth Indian firm to buy coal mines in the South-East Asian nation.
The Essar Group has acquired a coal mine in Indonesia to fuel its upcoming thermal power projects. Sources said the acquisition, from an undisclosed local company, was for about Rs 900 crore.
Dhurli village, Dantewada district, August 30, 11.30 am: Armed police in riot gear stand in clusters around the walled compound where people of this quiet, picturesque village are to gather for a gram sabha hearing. They are to decide today whether they want Essar Steel to set up a 3.2 million-tonne plant on their land for Rs 7,000 crore.
