Rajiv Agarwal

The company plans to transform Salaya Port into a green port, where green hydrogen production, storage for biofuels, and LNG would be undertaken, CEO Rajiv Agarwal tells Moneycontrol

Govt's focus on infra to cut down logistics cost: Nitin Gadkari

Speaking at the Andhra Pradesh Investors Summit, the road, transport, highways and shipping minister hoped that the target 40 km of road construction per day will be achieved by next year.

Essar Ports handles 18.27 mn tonnes cargo in July-September

"Third-party cargo handling has risen by 106 per cent to 1.03 MT in July-September compared to 0.5 MT in the same period a year-ago. Over the quarter, the various terminals of the company handled 209 ships as against 179 ships in the corresponding period last year," EPL said in a statement.

Essar Ports Q4 net profit rises 15% to Rs 104.6 cr

The fourth quarter revenue slipped as there was no sale of traded goods and much of the income was generated from ports and terminal services in the said period. The company's expenses declined to Rs 112.46 crore from Rs 431.33 crore in the said period.

A Raja 'misled' Manmohan Singh in 2G allocation: CBI

Commencing final arguments in the case, Special Public Prosecutor Anand Grover said that Raja, in conspiracy with other accused, had advanced the cut-off date to favour accused firms in allocation of 2G licences.

2G scam: All accused including Kanimozhi, A Raja get bail

DMK chief M Karunanidhi's wife Dayalu Ammal was also granted bail. Special CBI Judge OP Saini allowed the bail plea of 83-year-old Ammal on a personal bond of Rs 5 lakh with two sureties of the like amount.

Cargo volumes to rise 15% in FY14: Essar Ports

“Our cargo volumes grew 11 percent to 14.08 million tone and we are confident of handling 60 MT by year-end,” Rajiv Agarwal, managing director, Essar Ports told moneycontrol.com

Will reduce interest cost to 10% in FY14: Essar Ports

We do not face any interest pressure. Our EBITDA was Rs 1150 crore and interest cost was about Rs 530 crore, so, we are well covered, says Rajiv Agarwal of Esaar Ports.

Allow mkt-driven tariff, open funding routes: Essar Ports

Essar Ports is keen to pare debt to bring down interest cost in FY14

Looking at ECB route to raise funds: Essar Ports

Essar Ports reported a profit of Rs 92 crore in its fourth quarter. The company plans to pare its interest costs this year, says Rajiv Agarwal, managing director & CEO Essar Ports in an interview to CNBC-TV118.

Essar Ports to invest Rs 10,000 cr in Gujarat

Essar Ports today posted two-fold jump in October-December quarter net profit to Rs 90.42 crore and announced an investment of Rs 10,000 crore to expand capacity by up to 150 million tonne per annum at two of its ports in Gujarat.

Port mechanisation to increase revenue by 15%: Essar Ports

Essar Ports has commissioned its 16 million tonne per annum (MTPA) dry bulk terminal at Paradip in Odisha. CNBC-TV18 spoke to Rajiv Agarwal, CEO and MD, Essar Ports regarding the expectations from the project and the challenges ahead.

2G case: Court imposes fine of Rs 250 on defence counsel

A counsel for two accused of the 2G spectrum allocation case was today fined Rs 250 by special CBI court for unnecessary raising objections during the proceeding to "delay the trial."

IIFCL deal to reduce interest burden: Essar Ports

In an interview with CNBC-TV18, Rajiv Agarwal, CEO & MD of Essar Ports said IIFCL was incorporated to offer low cost debt to the infrastructure sector and as a result of this, they will benefit from an interest rate reduction of 2.6 percent or Rs 405 crore.

Essar announces Rs 175cr deal; to pay-off debts with fund

On Wednesday, Essar Ports announced a strategic pact with port of Antwerp with an investment of Rs 175 crore in Essar. In an interview with CNBC-TV18, Rajiv Agarwal, CEO & MD, Essar Ports said, "It is an investment of about Rs 175 crore."

Budget 2012: Positive for the infrastructure sector, says Essar Ports

The Budget is positive for the infrastructure sector. Some of the initiatives announced like doubling the limit for tax free Infrastructure bonds to Rs 60,000 crore, and exemptions in basic customs duty for thermal coal for power generation will be beneficial for the ports sector.

Will Budget 2012 stop the infra dream from crumbling?

The government's great Indian infrastructure dream is crumbling and the ground reality is a rude awakening. Does the government have the political capital to deliver on the infra promise?

Budget 2012: Will infrastructure bounce back or breakdown?

This is the government's great Indian infrastructure dream. But the ground reality is a rude awakening. With a slowing economy, high interest rates and more importantly delayed decision making, infra projects and infra companies face an uncertain future.

New facilities, expansions to boost volumes: Essar Ports

Essar Ports posted a five fold increase in its net profit for the September-December quarter while its total revenue rose to Rs 276.78 crore from Rs 190.27 crore in the year ago period.

Third party volumes may go up to 30% by '14-15: Essar Ports

In an interview to CNBC-TV18, Rajiv Agarwal, chief executive officer and managing director of Essar Ports says, third party volumes have gone up to 2% from almost zero. "We expect this volume to go up to 30% by 2014-15. We are on track on that."

2G scam: Court charges Raja, Kanimozhi and 15 other accused

Among those who are charged include A Raja, Sanjay Chandra, Kanimozhi, Karim Murani, Gautam Doshi, and Siddharth Behuria.

Essar Ports to refinance Rs 2400cr debt via rupee ECB

Essar Ports seems worried about the cost of debt getting out of hand. The company has outlined a Rs 9,200-crore expansions plan with Rs 2,500 crores expenditure coming in this fiscal itself.

Essar Ports eyes 2-fold spike in traffic handling by 2015

The Ruias-led Essar Ports is targeting to more than double its cargo handling to 125 million tonne by 2015, a top executive said today.

Essar Ports may raise funds to trim debt

Rajiv Agarwal, CEO & MD of Essar Ports, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, said that they might raise some capital as they need to go down from 83% promoter holding to 75%. He said, "We will review the market conditions and go ahead with the fund raising. We have time till June, 2013 to raise the capital."

CBI chargesheet on 2G case is weak: Defence lawyers

K Kanimozhi appeared at the special court on Friday for the 2G trial. CNBC-TV18's Siddharth Zarabi reports on the developments of the 2G case.