Essar Group's Hydrogen Reinvention: A Visionary's Legacy at WEF Davos
Key Ideas
  • Prashant Ruia discusses Essar Group's transformation towards green energy and sustainability at WEF Davos.
  • The focus is on the upcoming hydrogen-powered refinery in the UK as a symbol of commitment to renewable energy.
  • Issues around navigating the group after the passing of founder Shashi Ruia are addressed, emphasizing innovation and resilience.
  • Ruia explores the strategic decisions driving Essar's growth and the role of hydrogen in the energy transition.
During the World Economic Forum in Davos, Prashant Ruia, CEO of Essar Group, engaged in an exclusive conversation with Business Today's Editor, Siddharth Zarabi. He revealed the Group's plans for transformation, particularly highlighting the launch of a hydrogen-powered refinery in the UK. This project signifies Essar Group's dedication to green energy and sustainability, aligning with global trends. Ruia emphasized the importance of innovation and resilience in navigating the group's future, especially following the demise of founder Shashi Ruia. The discussion also focused on Essar's strategic decisions for growth, with hydrogen playing a crucial role in the energy transition. The interview shed light on Essar's commitment to embracing renewable energy while preserving its legacy of forward-thinking initiatives and adaptability.
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