Essar to Invest Rs 55,000 Crore in Energy, Port Projects in Gujarat
Published By: Mohammad HarisLast Updated: December 14, 2023, 16:56 ISTEssar to invest $6.6 billion in power, port projects in Gujarat.Essar group says it has signed 3 memoranda of understanding with the government of Gujarat for a total investment of Rs 55,000 crore ahead of the Vibrant Gujarat Global Summit 2024Essar group will invest Rs 55,000 crore in energy transition, power, and port projects in Gujarat, the firm said on Thursday after signing pacts with the state government. The investments are for setting up a 1 gigawatt green hydrogen project, expansion of Salaya power plant and transforming Salaya port into a logistics hub.In a statement, the company said it signed three memoranda of understanding with the government of Gujarat for a total investment of Rs 55,000 crore ahead of ...