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Essar Group on Wednesday said it will invest Rs 30,000 crore in Gujarat for projects in various sectors, including power and refinery.
“Essar has committed to invest in Gujarat Rs 30,000 crore in power, refinery, ports and water infrastructure,” said Mr Prashant Ruia, Chief Executive, Essar during the 5th Global Summit of Vibrant Gujarat.
Essar Group is a major player in the port sector in Gujarat. Its ports and terminals business operates a crude oil and petroleum products terminal at Vadinar in the state.
It also has a 14 MTPA petroleum refinery at Vadinar which started commercial production on May 1, 2008.
Besides, it also operates a 515 MW gas-based power plant at Hazira.
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