Essar Gathering Thursday said it has marked three Reminders of Figuring out (MoUs) with the Gujarat government for an all out speculation of Rs 55,000 crore in energy change, power and port areas in the state.
It has marked a MoU to foster a one-gigawatt green hydrogen project, including a speculation of around Rs 30,000 crore.
Essar Power has reported an extra venture of Rs 16,000 crore for stage II development at its Salaya Power Plant. Essar Ports will likewise change its Salaya port into a planned operations center with a speculation of Rs 10,000 crore.
“Gujarat has reliably been at the very front of Essar’s essential ventures. We are really glad to additionally add to the state’s financial advancement with an extra venture of Rs 55,000 crore in the energy and framework areas,” said Prashant Ruia, Chief, Essar Capital.
Throughout the course of recent many years, Essar has contributed more than Rs 1 lakh crore in the energy, metals and mining and framework areas in Gujarat.