Essar finalised a deal with the government of Gujarat, signifying a substantial investment of ₹55,000 crore in the state’s energy transition, power, and ports sectors. The significant economic commitment is in anticipation with regards to the upcoming Vibrant Gujarat Global Summit 2024.
Having invested over ₹1 lakh crore in Gujarat over the last four decades, Essar has played a pivotal role in shaping the energy, metals and mining, and infrastructure sectors in the region. As reported by ETEnergyworld.com, the agreement encompasses a noteworthy investment of ₹30,000 crore dedicated to the development of a one-gigawatt green hydrogen project, underscoring Essar’s strategic emphasis on advancing energy transition initiatives.
