Essar Group plans to invest 4.3 billion pounds ($5.79 billion) to build low-carbon
energy transition projects in the UK by 2035, it said in a
statement on Monday.
Essar Energy Transition Fuels (EETF), a unit of Essar
Group, operates a 200,000-barrels-per-day Stanlow refinery.
The 4.3-billion-pound investment pipeline will support the
UK’s energy transition, “generating massive long-term economic
value, and creating thousands of highly skilled jobs,” said
Prashant Ruia, Chairman of EETF.
Of the planned investment, more than 1 billion pounds are
nearing final investment decision to transform Stanlow into a
leading energy transition hub, the statement said.
Essar is expanding its retail network in the UK and aims
to supply 800 new locations with its fuels.
Essar is also exploring building data centres near the
Stanlow project.
Published on August 3, 2026
