Essar Power plans to resume works at Hazira plant
The Dollar Business Bureau Essar Power is mulling plans to begin operations at its 500 MW multi-fuel combined-cycle power plant at Hazira in Gujarat by next quarter. The Bhander Power Hazira plant was established in 2006, and by October 2008 operations began in full fledge. However, due to high prices of fuel, the company suspended its operations three years ago. Sushil Maroo, Executive Vice Chairman at Essar, stated that the operations were suspended at Hazira gas-based plant due to non-availability of fuel at the favorable costs. The expensive fuel at staggering $12-14 per mmbtu stopped from even dreaming of power generation and without much of choice the plant’s shutters were down, he added. However, as the prices are falling now, the company will begin ...
Essar Steel looks to double production
The company has a great production capacity of steel at Hazira in Gujarat, where they produce 10 million tons per annum. So, the company is expecting to record an 80-85% of total capacity utilization rate in April 2016, that is the coming financial year The Dollar Business Bureau Essar steel has a great production capacity of steel at Hazira in Gujarat, where they produce 10 million tons per annum Essar steel is now operating with 70% more capacity utilization, where they have doubled the production since November. The company is also expecting a good turnaround in the March quarter. The company has a great production capacity of steel at Hazira in Gujarat, where they produce 10 million tons per annum. So, the company ...
