Essar and AM/NS agree to a $2.4 billion (about 19,000 crore) sale of infrastructure assets.
Posted October 31, 2022 by Viyanpale760
Essar and AM/NS agree to a $2.4 billion (about 19,000 crore) sale of infrastructure assets.
Feature News
Essar today announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS)
for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant
operations.
The deal also envisages a 50-50 Joint Venture partnership, for building a 4 MTPA LNG terminal
at Hazira, Gujarat, between Essar and ArcelorMittal.
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| Contact Email | [email protected] |
| Issued By | Essar |
| Country | India |
| Categories | Advertising , Automotive |
| Tags | essar , essar group , essar port |
| Last Updated | October 31, 2022 |