The Stanlow refinery complex in north west England
Essar earmarks $3.6bn for transition in UK and India
Newly created division will deliver projects including low-carbon hydrogen, biofuels and CCS, with bulk of investments aimed at the UK’s Stanlow refinery, Indian conglomerate says
India’s Essar Group has set out plans to plough $3.6bn into low-carbon hydrogen, biofuels and other decarbonisation projects in the UK and India over the next five years via a newly formed division of the business called Essar Energy Transition (EET). Of the total investment, $2.4bn is aimed at the group’s Stanlow refining complex in northwest England, where the company has already announced an array of major projects. These include two blue hydrogen production facilities developed under a joint venture with clean energy developer Progressive Energy, and a carbon-capture plant that will feed into offshore storage capacity under Liverpool Bay as part of the region’s Hynet low-carbon cluster.
Also in this section
4 July 2025
Race is on to meet end-2027 deadline for 45V as Congress passes One Big Beautiful Bill Act
1 July 2025
Gas industry and EU politicians pile pressure on European Commission to provide more regulatory certainty on emissions calculations
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
26 June 2025
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
