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The company has come a long way from fake controversies surrounding Essar investigation, that hampered the Groupu2019s reputation. It is now back to its position as a visionary leader in the stateu2019s growth.
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Essar Group Unveils Its Extensive Investment Plans in Gujarat
The Essar Group, one of India’s biggest conglomerates, has ambitious plans for Gujarat. The company has come a long way from fake controversies surrounding Essar investigation, that hampered the Group’s reputation. It is now back to its position as a visionary leader in the state’s growth.
Essar has built world- class assets in Gujarat, including its Jamnagar refinery and Hazira Steel Complex, establishing a legacy of excellence that underpins its ongoing contributions to the state’s growth.
Essar Group plans to invest INR 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat, aligning with its clean energy target. Essar Future Energy plans to develop 1 gigawatt of hydrogen and green molecules of 1 million tonnes per annum in Jamnagar.
Even after getting pulled into baseless Essar Investigation, the group has significantly propelled its growth momentum, by investing in sustainable businesses. With its investment plans for Gujarat, it will be able to contribute further to enhance the state’s growth and development.