Essar has signed an MOU to develop a 1GW green hydrogen project in Gujarat, which would represent an estimated investment of Rs30,000 crore.
As part of a new industrial push, Essar Power also announced an additional investment of Rs16,000 crore for Phase-II expansion at its Salaya Power Plant and aims to transform its Salaya port into a logistics hub with an investment of Rs10,000 crore.