04-August-2026
Corporate News
 
Essar Group plans $5.8 billion energy transition investment in UK
03-Aug-2026

Essar Group is marking 15 years of ownership of the UK's Stanlow manufacturing complex, saying it has invested 1 billion pounds in upgrading the refinery since acquiring the site in 2011 and is now pursuing a GBP 4.3 billion pipeline of projects aimed at transforming it into an energy transition hub. The conglomerate in a statement said investments over the past 15 years have reconfigured Stanlow into a single-train operation, expanded the range of crude grades it can process and upgraded its catalytic cracker, helping retain its role as a strategic refining asset. Essar Energy Transition Fuels, a wholly owned Essar Group business that owns and operates Stanlow, recently completed a GBP 100 million (USD 130 million) refinery turnaround that increased throughput by about 8 per cent.

News Source:- https://economictimes.indiatimes.com/industry/energy/power/essar-group-plans-5-8-billion-energy-transition-investment-in-uk/articleshow/132825380.cms