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February 06, 2016 3:20 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Essar Power Limited

Company Overview

Essar Power Limited generates and supplies gas, coal, and liquid fuel based power in India. It operates four power plants – three in Gujarat and one in Sault Ste. Marie, Canada – with a total installed generation capacity of 1,600 MW. The company was incorporated in 1991 and is based in Mumbai, India with plants in Hazira, Vadinar, and Visakhapatnam, as well as Madhya Pradesh and Jharkhand. Essar Power Limited operates as a subsidiary of Essar Energy plc.

Equinox Business Park

5th Floor, Tower 2

Off Bandra Kurla Complex

L.B.S Marg, Kurla West

Mumbai,  400070

India

Founded in 1991

Phone:

91 22 6733 5000

Fax:

91 22 6733 5300

Key Executives for Essar Power Limited

Managing Director
Age: 53
President
Age: 44
Sr Vice President & Head Human Resources, Power Business Groupt & Head Human Resources, Power Business Group
Chief Operating Officer and Executive Director
Age: 54
Managing Director, Essar Power MP Ltd
Compensation as of Fiscal Year 2015.

Essar Power Limited Key Developments

Essar Power Limited Reports Unaudited Standalone Earnings Results for the Six Months Ended September 30, 2015

Essar Power Limited reported unaudited standalone earnings results for the six months ended September 30, 2015. For the period, the company reported net sales/income from operations of INR 30.9 million against INR 935.1 million a year ago. Loss from operations before other income, interest and exceptional items was INR 260.2 million against profit from operations before other income, interest and exceptional items of INR 630.3 million a year ago. Loss from ordinary activities before tax was INR 163.6 million against profit from ordinary activities before tax of INR 489.5 million a year ago. Net loss was INR 144.8 million against net profit of INR 381.3 million a year ago. Diluted earnings per share were a loss of INR 0.82 compared to INR 0.01 diluted loss per share a year ago.

Essar Power Limited, Board Meeting, Nov 05, 2015

Essar Power Limited, Board Meeting, Nov 05, 2015. Agenda: To consider unaudited standalone earnings results for the six months ended September 30, 2015.

Essar Power Limited, Board Meeting, Nov 03, 2015

Essar Power Limited, Board Meeting, Nov 03, 2015. Agenda: To discuss unaudited standalone earnings results for the six months ended September 30, 2015.

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