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ESSAR POWER M P LIMITED

Last Updated on ' Sun Dec 13 00:00:00 IST 2020 '
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Description
Essar Global Fund Limited is an investment fund managed by its investment manager, Essar Capital Limited. The Fund is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy, Metals & Mining, Infrastructure comprising ports and EPC businesses and Services primarily comprising shipping and BPO businesses. The aggregated revenues of the Funds portfolio companies total US$27 billion. The Funds portfolio companies employ over 60,000 people across four continents. Essar began as a construction company in 1969 and diversified into manufacturing, services and retail. Over the last four decades, it has grown through strategic global acquisitions and partnerships, or through Greenfield and Brownfield development projects, capturing new markets and discovering new raw material sources. Today, the company has expanded its global footprint, focusing on markets in Asia, Africa, Europe and the Americas. Essar invests significantly in the latest technology to drive forward and backward integration in its businesses, and on leveraging synergies between these businesses. It also focuses on in-house research and innovation to be a low-cost manufacturer with high quality products and innovative customer offerings. Alongside its ambitious business pursuits, Essar has been committed to its social responsibility. It runs community outreach initiatives in all its plant locations, with a focus on education, healthcare, environmental and agricultural development, and self-employment. Essar is committed to sustainable business practices. Its HSE Health, Safety and Environment management system is at par with global standards. Essar is also taking climate change initiatives to reduce our carbon footprint. This includes several CDM Clean Development Mechanism projects that can earn the company CER Certified Emission Reduction credits. A growing number of Essar businesses are certified to international environment standards, like ISO 9001 /14001, and health and safety standards, like OHSAS 18001. Essar is widely regarded as a responsible and conscientious global employer. It has experience in managing businesses in different geographies with a culturally diverse workforce.
Sector
Electricity Generation
Sub Sector
Energy Generation (Non-Renewable)
Company Type
Unlisted
Type
Manufacturing
Employees
7,000
Register Address
Lower Ground Floor, Hotel Conclave Boutique, A-20, Kailash Colony, New Delhi New Delhi DL 110048 IN
Website
www.essar.com
Key Products/Services
Electric Power Generation By Coal Based Thermal Power Plants
Key Resources/Assets
Office in New Delhi
Stressed Asset Details Expand All 
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USD 0
Stressed Asset Related Documents
f8c428cbbf77cca785b95ff4ccfbaa13.pdf
2.pdf
1.pdf
Dismissed.pdf
Financial Information Documents
No Document found
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2013 0.47 mn 0 905.7 mn 844.36 mn 0.38 0.17 0.0 0.0 0.0 0.0
2014 0.26 mn 0 1.01 bn 967.63 mn 0.19 0.16 0.0 0.0 0.0 0.0
2015 75,444 0 1.14 bn 1.08 bn 0.11 0.08 0.0 0.0 0.0 0.0
Stressed Assets Timeline Tue Sep 29 00:00:00 IST 2020
Defined Date Without Date

Commencement of CIRP

Tue Sep 29 00:00:00 IST 2020Tue Sep 29 00:00:00 IST 2020
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Public Announcement by Resolution Professional

Sat Oct 10 00:00:00 IST 2020Sat Oct 10 00:00:00 IST 2020
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Claim submission

Thu Oct 22 00:00:00 IST 2020Thu Oct 22 00:00:00 IST 2020
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Invitation for Expression of Interest

Fri Dec 11 00:00:00 IST 2020Fri Dec 11 00:00:00 IST 2020
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Submission of Expression of Interest

Mon Dec 14 00:00:00 IST 2020Mon Dec 14 00:00:00 IST 2020
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Submission of Resolution Plan

Thu Dec 17 00:00:00 IST 2020Thu Dec 17 00:00:00 IST 2020
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Committee of Creditors Approval

Sat Jan 16 00:00:00 IST 2021Sat Jan 16 00:00:00 IST 2021
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Submission of Resolution Plan to NCLT

Sat Mar 13 00:00:00 IST 2021Sat Mar 13 00:00:00 IST 2021
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Approval of Resolution Plan by NCLT

Sun Mar 28 00:00:00 IST 2021Sun Mar 28 00:00:00 IST 2021
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