· Manufacturing & Investment · Source: economictimes.indiatimes.com

Essar Group plans $5.8 billion energy transition investment in UK

Essar Group plans to invest £4.3 billion in the UK by 2035 to accelerate its energy transition strategy and transform the Stanlow refinery into a low-carbon energy hub. The investment pipeline includes decarbonisation projects, hydrogen-ready infrastructure, expansion of its fuel retail network and potential data centres powered by onsite generation. More than £1 billion of the planned investment is nearing a final investment decision.

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