Essar Capital plans to establish a decarbonised green refinery at Stanlow, cutting carbon emissions by 95% by 2030.

Essar Capital, led by Prashant Ruia, plans to establish the world's first decarbonised green refinery at the UK's Stanlow facility. This initiative aims to cut carbon emissions by 95% by 2030, producing 350 MW of blue hydrogen and capturing 2.5 million tonnes of CO2 annually. Essar is also focusing on green trucking solutions in India, targeting a 70% emissions reduction with LNG and electric trucks, while promoting sustainable energy innovations.

October 08, 2024
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