Essar to invest Rs 900 crore in Raniganj CBM block

Essar to invest Rs 900 crore in Raniganj CBM block

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal to more than double gas output to 2.3 million standard cubic metres per day by 2021, its Managing Director and CEO Vilas Tawde said.

Adani, Essar And Tata Caught In The Political Crossfire

Adani, Essar And Tata Caught In The Political Crossfire

The Congress recently alleged that the BJP government in Gujarat had let four private companies -Adani, ESSAR, Tata and China Light Power – to “squander” Rs 26,000 crore of the public exchequer. The Opposition claimed that the ruling party had purchased electricity from these four companies at “unimaginably high rates” in a “huge power purchase scam”.

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