ESSAR POWER M P LIMITED

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Essar Global Fund Limited is an investment fund managed by its investment manager, Essar Capital Limited. The Fund is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy, Metals & Mining, Infrastructure comprising ports and EPC businesses and Services primarily comprising shipping and BPO businesses. The aggregated revenues of the Funds portfolio companies total US$27 billion. The Funds portfolio companies employ over 60,000 people across four continents. Essar began as a construction company in 1969 and diversified into manufacturing, services and retail. Over the last four decades, it has grown through strategic global acquisitions and partnerships, or through Greenfield and Brownfield development projects, capturing new markets and discovering new raw material sources. Today, the company has expanded its global footprint, focusing on markets in Asia, Africa, Europe and the Americas. Essar invests significantly in the latest technology to drive forward and backward integration in its businesses, and on leveraging synergies between these businesses. It also focuses on in-house research and innovation to be a low-cost manufacturer with high quality products and innovative customer offerings. Alongside its ambitious business pursuits, Essar has been committed to its social responsibility. It runs community outreach initiatives in all its plant locations, with a focus on education, healthcare, environmental and agricultural development, and self-employment. Essar is committed to sustainable business practices. Its HSE Health, Safety and Environment management system is at par with global standards. Essar is also taking climate change initiatives to reduce our carbon footprint. This includes several CDM Clean Development Mechanism projects that can earn the company CER Certified Emission Reduction credits. A growing number of Essar businesses are certified to international environment standards, like ISO 9001 /14001, and health and safety standards, like OHSAS 18001. Essar is widely regarded as a responsible and conscientious global employer. It has experience in managing businesses in different geographies with a culturally diverse workforce.