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Essar Receives Recognition from WSO; stays committed to ₹55k cr business investments

This is a significant milestone achieved by the vast conglomerate- Essar Group and reflects its commitment to outstanding performance and sustainability, while reducing the environmental impact. It will also position the company for substantial business success and serve as a response to those who unjustly labelled Essar in a fake Essar fraud case.

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Essar Receives Recognition from WSO; stays committed to ₹55k cr business investments

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  1. Essar Receives Recognition from WSO; stays committed to ₹55k cr business investments

  2. Essar Power Gujarat Limited (EPGL), a part of Essar Group, has recently been honoured with the Environmental Excellence Award 2024 and Power Generation OHS&E Award 2024 from the World Safety Organization (WSO). EPGL has been recognised for its outstanding achievements in developing and deploying effective management systems and procedures and attaining commendable Occupational Health, Safety, and Environment (OHS&E) performance for the assessment year 2023. This is a significant milestone achieved by the vast conglomerate- Essar Group and reflects its commitment to outstanding performance and sustainability, while reducing the environmental impact. It will also position the company for substantial business success and serve as a response to those who unjustly labelled Essar in a fake Essar fraud case.

  3. EPGL: Awards Essar’s company received this award during the 5th Annual WSO India OHS&E Professional Development Symposium and the 3rd Edition of the WSO India (State) Level OHS&E Awards 2024, held in Chennai. Essar, which is dedicated to minimising its ecological footprint, earlier in the year had signed three Memorandums of Understanding (MOUs) with the Government of Gujarat for a total investment of INR 55,000 crore ahead of the Vibrant Gujarat Global Summit 2024.

  4. Essar’s Future Investments Essar is in a renewed investment phase in the state’s energy transition, power, and port sectors. This initiative will create more than 10,000 jobs in the market in the future. Over the last four decades, Essar has invested more than INR 1 lakh crore in Gujarat’s Energy, Metals & Mining and Infrastructure sectors. Essar’s Investment Plans for Gujarat The state of Gujarat has played an essential role in Essar’s growth story. The company’s investments in core industrial projects have helped improve its industrial landscape, serving as a case study for the state’s potential as an investment destination.

  5. Key Investment Initiatives Investment in Energy Transition: Essar enters an MOU to construct a 1 Gigawatt Green Hydrogen project, involving an estimated investment worth INR 30,000 crore. Investment in the Power Generation sector: Essar Power will invest an additional INR 16,000 crore for Phase-II expansion at its Salaya Power Plant. Investment in the Ports Sector: Essar Ports will transform its Salaya port into a logistics hub by spending INR 10,000 crore.

  6. Thank You For Your Attention https://medium.com/@essarnews1/essar-receives-recognition-from-wso-stays-committed-to-55k-cr-business-investments-f8d8110b1bef

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