{"id":537609,"date":"2022-11-22T10:41:10","date_gmt":"2022-11-22T05:11:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=537609"},"modified":"2022-11-22T11:46:19","modified_gmt":"2022-11-22T06:16:19","slug":"essar-concludes-2-bn-sale-of-port-infra-assets-to-arcelormittal-nippon-steel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/essar-concludes-2-bn-sale-of-port-infra-assets-to-arcelormittal-nippon-steel\/","title":{"rendered":"Essar concludes $2 bn sale of port, infra assets to ArcelorMittal Nippon Steel"},"content":{"rendered":"<p>Essar Group Monday said it has concluded sale of its two port assets and a power plant to ArcelorMittal Nippon Steel India Limited (AM\/NS India) for $2.05 billion, or Rs 16,500 crore.<\/p>\n<p>The sale consisted of infra assets which include a 270 MW power plant and 25 MPTA port at Hazira, Gujarat and a 12 MPTA port at Paradip, Odisha.<\/p>\n<p>An agreement for this transaction was signed by both the companies in August this year. <\/p>\n<p>\u201cEssar Ports &amp; Terminals Ltd (EPTL) and Essar Power Ltd (EPL) today concluded the US$ 2.05 billion (?16,500 crore) sale of captive ports and power assets located in Hazira and Paradip to ArcelorMittal Nippon Steel India Ltd (AM\/NS),\u201d Essar said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Essar Group Monday said it has concluded sale of its two port assets and a power plant to ArcelorMittal Nippon Steel India Limited (AM\/NS India) for $2.05 billion, or Rs 16,500 crore. The sale consisted of infra assets which include a 270 MW power plant and 25 MPTA port at Hazira, Gujarat and a 12 MPTA port at Paradip, Odisha. An agreement for this transaction was signed by both the companies in August this year. \u201cEssar Ports &amp; Terminals Ltd (EPTL) and Essar Power Ltd (EPL) today concluded the US$ 2.05 billion (?16,500 crore) sale of captive ports and power [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-537609","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/537609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=537609"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/537609\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=537609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=537609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=537609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}