Our Story

Global Presence

EET Fuels is a proud member of Essar Global Fund Limited (EGFL), a global investor in world-class assets diversified across core sectors.

These sectors include Energy, Infrastructure & Logistics, Metals & Mining, and Technology & Retail. EGFL invests long-term capital into its portfolio companies, holding a near 100% stake in all its investments. These companies collectively generate revenues exceeding US$15 billion and employ over 7,000 people.

Essar: A half-century of innovation

Since 1969, Essar has been dedicated to developing the core sectors of the Indian economy through greenfield and brownfield investments. Essar’s promoters took a conscious decision to invest in these sectors, making India self-sufficient. They pioneered India’s private sector entry into capital-intensive businesses, like Steel, Oil & Gas, Ports, and Power. Essar is one of the earliest and largest contributors to the ‘Make in India’ and ‘Skill India’ government initiatives.

Essar Global Fund: A massive investment programme

Since 2010, Essar Global Fund undertook a massive investment programme of over US$20 billion in core economy sectors. It created world-class assets that have attracted the best global companies, like Vodafone, Arcelor Mittal, American Tower Corporation, and Teleperformance, to invest in India and infuse FDI of more than US$40 billion.

Essar: A global portfolio

The Fund has a global portfolio of fully operational assets with investments in Indonesia, United Kingdom, North America, and Africa, in addition to India. Essar continues to evaluate business opportunities across geographies with a focus on building long-term partnerships.

  • Energy

  • Infrastructure

  • Metals & Mining

  • Technology

Here are some examples of the Essar businesses
  • drop-icon

    EET Fuels, a trading name of Essar Oil (UK) Limited, runs the 10 MTPA Stanlow refinery in Ellesmere Port, UK. It caters to 16% of the country’s road transport fuel demand and operates a network of over 55 Essar-branded retail outlets.

  • Essar is one of the largest E&P companies in India, primarily focused on unconventional hydrocarbons (UHC) with a resource base of 15 TCF (trillion cubic feet), coal bed methane and shale gas resources.

  • essar-03

    Essar Projects, with over four decades of experience in project execution and delivery, has played a defining role in the Engineering, Procurement, and Construction (EPC) domain.

  • Essar has significant coal and iron ore reserves in India and overseas. It is setting up a world-class fully integrated 21 MTPA mining, 7 MTPA beneficiation, and 7 MTPA pelletisation facility in Nashwauk, Minnesota.

  • Essar Power is one of India’s largest private sector power producers, owning plants in India and Canada.

  • essar-06

    Essar Ports develops and operates ports and terminals for handling dry bulk, break bulk, and general cargo.

  • essar-07

    Essar’s investment into technology is mainly through Black Box Limited (formerly known as AGC Networks Limited) and LitmusWorld.

  • Pluckk is Essar’s investment in a digitally integrated platform selling fresh fruits & vegetables, with a target to become a preferred brand in a US$300 billion market.