Essar Power's renewables unit names Ankur Kumar CEO

16 Apr 2024 CW Team

Essar Power, owned by Ruia, announced that Ankur Kumar had been appointed as the Chief Executive Officer of its renewables business division.

Essar Power stated that Ankur would play a crucial role in advancing Essar's commitment to transitioning into green energy and establishing a robust renewable ecosystem in India. They mentioned that Kumar brought a wealth of knowledge and expertise to his new role, drawing from his over 24 years of experience in renewable energy and public infrastructure sectors.

It was noted that previously Kumar had served as the CEO at ACME Solar Holdings, where he led the strategic expansion of the company into green hydrogen and ammonia businesses. He had also held a leadership position at TBEA Xinjiang Sunoasis Co, a Chinese green energy company.

Essar Power further stated that in his new role, Kumar would collaborate closely with the Essar Power board and leadership teams to work towards building a strong portfolio in renewable energy and onboarding other crucial talents to drive Essar Power's green energy initiatives forward.

Kumar, an alumnus of the Indian Institute of Management, Indore, where he obtained his MBA in Finance and Strategy, and also holding a Bachelor of Commerce (Hons.) degree from Delhi University, was quoted as saying, Essar is aggressively pursuing its vision of transforming sector landscapes to green. With Ankur Kumar joining us, we hope to further our plans in renewables. His wealth of experience and demonstrated leadership will help drive Essar Power towards a more sustainable future, by Prashant Ruia, Director of Essar Capital.

Infrastructure Energy

25 Jun 2026

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..