Essar Capital's Ruia on Group's Decarbonization Business

The transcript discusses the business focus on four major sectors: metals, mining, infrastructure, and technology. The group plans to invest in new technologies, particularly in decarbonization and energy transition, with projects in the UK and India. They are working on blue hydrogen and LNG as transition fuels. The group is cautious about large-scale green hydrogen projects, focusing instead on low capital intensity investments. Their investment strategy is aligned with private equity principles, emphasizing risk management. The discussion also touches on infrastructure investments in India and comparisons with the Adani Group.

What lessons has the group learned from their past investments in large projects?

How does the group view the current infrastructure investments made by the Adani Group?

What is the group's perspective on the perils of infrastructure investments in India?