ESSAR - Let's Begin !

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The Essar Group is a multinational conglomerate and a leading player in
Steel,
Oil & Gas,
Power,
Communications,
Shipping Ports & Logistics,
Construction and Minerals.

With operations in more than 20 countries across five continents, the group employs
60,000 people, with revenues of about USD 15 billion.

STEEL



• A global steel producer with 14 million tonnes per annum of current capacity, with an aim to achieve a global capacity of 20-25 million tonnes
• Presence in key markets in Asia and North America
• Fully integrated from mining to retail: Essar owns a global portfolio of coal and iron ore mines and has access to all key raw materials, ensuring steady supply to its plants
• Strong downstream capability with service centres and customer care centres, as well as a global network of retail outlets branded Essar Hypermart
• Specialised plants for value-added steel products, like pipes and plates
• Leadership position in the cold rolling, galvanizing and pre-coated segments

CURRENT OPERATIONS
• Hazira, Gujarat, India: 10-million tonne steel plant at Hazira, largest in Western India.
The plant is supported by a complete infrastructure setup,_including a captive port, power
plant, lime plant and oxygen plant.
o Downstream facilities
o Cold Rolling plant: 1.4 million tonnes
o Galvanizing plant: 0.5 million tonnes
o A 1.5-million tonne extra wide plate mill
o A 600,000-tonne pipe mill
• Visakhapatnam, Andhra Pradesh, India: 8-million tonne pellet plant
• Bailadila, Chattisgarh, India: 8-million tonne iron ore beneficiation plant
• Pune, Maharashtra, India:
o 600,000-tonne cold rolling plant
o 500,000-tonne galvanising plant
o 400,000-tonne colour coating plant
o 650,000-tonne pickling line
• Algoma, Ontario, Canada: 4-million tonne steel plant
• West Java, Jakarta, Indonesia:
o 400,000-tonne cold rolling mill and 150,000-tonne galvanising line
o Steel Service Center: 200,000 tonnes
o Essar Hypermart
• Retailing (across India): Over 230 steel retail outlets branded Essar Hypermart
• Services (across India): Largest Steel Service Center facilities in India with an annual
capacity of 2.5 million tonnes located in Pune (Maharashtra), Hazira (Gujarat),
Bahadurgarh (National Capital Region), and Chennai (Tamil Nadu).
UNDER EXECUTION
• Paradip, Orissa, India: A 12-million tonne pellet plant at Paradip close to the port
• Jodha-Barbil area, Orissa, India: A 12-million tonne iron ore beneficiation plant
• Bhuj, Gujarat, India: Steel Service Centre
• Minnesota, USA: A 6-million tonne pellet plant, a concentration plant and a directreduced
iron plant

OIL & GAS




• A fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to oil retail
• Global portfolio of onshore and offshore oil & gas blocks, with about 70,000 sq km available for exploration
• Over 300,000 bpd (barrels per day) of crude refining capacity that is being expanded to 750,000 bpd, with a goal to reach a global refining capacity of 1 million bpd
• Fifty percent stake in Kenya Petroleum Refineries Ltd, which operates a refinery in Mombasa, Kenya, with a capacity of 80,000 bpd
• Over 1,300 Essar-branded oil retail outlets in various parts of India, with plans to open over 2,500 outlets countrywide


POWER

• Current generation capacity of 1,220 MW that is being expanded to 6,100 MW by 2012, with a target to reach 11,470 MW in the near future
• Growing portfolio of gas, coal and liquid fuel-based power plants
• One of the lowest cost power producers
• Exploring new opportunities in conventional and renewable power generation globally
• Expanding in the transmission and distribution sectors; first private power company to get a transmission license
• Complete fuel linkages secured for all projects under execution
• Invested over USD 4 billion in projects under execution


COMMUNICATIONS

• A global player in the communications sector with presence in telecom services, telecom tower infrastructure, telecom retail and business process outsourcing services
• Telecom services in India and Africa
• Partnership with Vodafone PLC, with 33 percent stake in Vodafone Essar Ltd
• Majority stake in the telecom assets of the Dhabi Group in Uganda and the Republic of Congo
• 14 percent stake in Indus Towers
• India’s largest telecom retail network

HINDALCO

Hindalco's major products include standard and speciality grade aluminas and hydrates, aluminium ingots, billets, wire rods, flat rolled products, extrusions and foil.

The integrated facility at Renukoot houses an alumina refinery and an aluminium smelter, along with facilities for the production of semi-fabricated products, namely, redraw rods, flat rolled products and extrusions. The plant is backed by a co-generation power unit and a captive power plant at Renusagar to ensure the continuous supply of power for smelter and other operations.

Birla Copper, Hindalco’s copper unit, is located at Dahej in Gujarat, India.one of the largest single-location copper smelters in the world with a capacity of 500,000 tpa.

Hindalco acquired two Australian copper mines, Nifty and Mt. Gordon, in 2003

The Novelis acquisition carried out by Hindalco Industries Ltd. (HNDL.IN) (HALC.BO) for $6 bn two years ago turned out to be a drag on its stock price, mainly due to the former’s fixed price contracts, most of which expired by the end of CY09.
Hindalco has turned around Novelis faster by cutting costs and replacing old contracts with new
contracts which built in better margins and have costs as pass through.
Novelis has in fact, now announced expansion of capacity by 10% in the next two years.
Around 60% of Hindalco’s earnings comes from Novelis, which is not linked to aluminium prices, which, makes Hindalco a great defensive play with a strong growth option.

capacity expansion of Hindalco’s Muri alumina refinery from 1,10,000 tpa to 4,50,000 tpa is
technically complete and production at the facility is being ramped up in a phased manner

The Novelis turnaround is only the beginning; Hindalco is now on a strong growth path. At
8x PER, Hindalco is also the best valued stock regionally.


Sensitivity low to aluminium price: A 10% increase in aluminium prices will likely increase consolidated earnings for FY11 by about 8%. (Macq)

Tata Steel

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formerly known as TISCO and Tata Iron and Steel Company Limited, is the world's sixth largest steel company, with an annual crude steel capacity of 31 million tonnes

In August 2004, Tata Steel entered into definitive agreements with Singapore based NatSteel Ltd to acquire its steel business for Singapore $486.4 million (approximately Rs 1,313 crore) in an all cash transaction

31 January 2007 Tata Steel won their bid for Corus after offering 608 pence per share, valuing Corus at £6.7 billion

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Tata Steel’s Jamshedpur Works has a crude steel production capacity of 6.8 MTPA, which is slated to increase to 10 MTPA by 2011.
The Company also has proposed three Greenfield steel projects in Jharkhand, Orissa and Chhattisgarh in India with additional capacity of 23 MTPA and a Greenfield project in Vietnam.

Tata Steel has set an ambitious target to achieve a capacity of 100 million tonne by 2015

Tata Steel’s Indian operations are self-sufficient in iron ore through its captive mines.
It is 60% self sufficient for coking coal and the rest is procured mostly through imports.

For Corus operations, the Company needs to source raw materials through contracts with mining companies in UK and the Netherlands.

Tata Steel has signed an agreement with Steel Authority of India Limited to establish a 50:50 joint venture company for coal mining in India. Also, it has bought 19.9% stake in New Millennium Capital Corporation, Canada for iron ore mining.

L&T v/s BHEL

SBI, ICICI Bank, HDFC Bank

Infosys, TCS, Wipro

In the year 2008, the company established their first Latin American subsidiary, namely Infosys Technologies S de R L de C V in Mexico to improve proximity to their North American clients and a wholly owned Brazilian subsidiary, namely Infosys Technologia Do Brasil Ltda.

Reliance Ind & ONGC

RELIANCE INDUSTRIES LIMITED

Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies,backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production.

- 7,400 acres Jamnagar - petroleum refinery and associated petrochemical plants

- 1850 acres Nagothane, Raigad - ethane and propane gas cracker and five downstream polymerization plants

- 1700 acres Dahej, Bharuch - thane / propane recovery unit, a gas cracker, a caustic chlorine plant

- 1200 acres Vadodara- naphtha cracker and 15 downstream polymerization plants

- 700 acres Hazira - naphtha cracker, plastics

- 200 acres Patalganga - polyester fibre and alklyl benzene manufacturing

- l05 acres polymerization and continuous polymerization facilitiesin Allahabad, Uttar Pradesh,

- 105 acres Barabanki Manufacturing Division near Lucknow, Uttar Pradesh makes Black Fibre

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ONGC

Revenues in excess of Rs 110,000 crores and 20,000 crores PAT!

2010 the New Year

what to expect in 2010 ?

apart from a :

- new company law

- new income-tax law

- new sales tax law

- new service tax law

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"experts" are predicting a phenomenal 2010..

the same experts - your Fund Managers, Technical Analysts, Fundamental Analysts, who predicted a "phenomenal 2008" and a "horrible 2009" :D