"We have no plans to sell any of our other assets"
The Essar group plans to reduce debt by $10 billion with the sale of its oil refinery, related assets and BPO business.
- Jun 10, 2017,
- Updated Jun 14, 2017 11:51 AM IST
The Essar group plans to reduce debt by $10 billion with the sale of its oil refinery, related assets and BPO business. Prashant Ruia, Director, Essar group, tells Business Today's Nevin John that the group will be able to generate revenues of $15 billion even after selling the oil refinery by full utilisation of assets in steel, power, ports and the refinery in the UK. Excerpts:
The Essar group plans to reduce debt by $10 billion with the sale of its oil refinery, related assets and BPO business. Prashant Ruia, Director, Essar group, tells Business Today's Nevin John that the group will be able to generate revenues of $15 billion even after selling the oil refinery by full utilisation of assets in steel, power, ports and the refinery in the UK. Excerpts: