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Essar Group has announced that it is advancing a EUR 4.3 billion investment pipeline to decarbonise and transform the Stanlow Manufacturing Complex in the UK into a world-leading energy transition hub, with more than EUR 1 billion of projects nearing a Final Investment Decision (FID).

The announcement coincides with 15 years since Essar acquired Stanlow in 2011. Over the past 15 years, the group has invested more than EUR 1 billion in modernising the refinery, including reconfiguring the site into a highly efficient single-train operation, expanding the range of crude grades processed, and upgrading its catalytic cracker, the company stated.

Operated by Essar Energy Transition Fuels, the site recently completed a EUR 100 million refinery turnaround, increasing throughput by approximately 8 percent. The company also commissioned the UK’s first hydrogen-ready refinery furnace following a EUR 70.9 million investment, supporting the site’s transition towards low-carbon operations.

Commenting on the development, Prashant Ruia, Chairman of Essar Energy Transition, said, “We are proud to mark 15 years since acquiring Stanlow. It remains a privilege to steward this critical asset, and we remain committed to its future. Our EUR 4.3 billion investment pipeline represents a significant growth opportunity for the UK, supporting the country’s energy transition, generating massive long-term economic value, and creating thousands of highly skilled jobs built on the site’s proud industrial heritage.”

Hydrogen production forms the cornerstone of Essar’s decarbonisation strategy for Stanlow. The company is also evaluating the development of commercial data centres powered by on-site hydrogen-ready generation and plans to expand its retail fuel network with 800 new locations supplied directly from the refinery.

Essar Group has announced that it is advancing a EUR 4.3 billion investment pipeline to decarbonise and transform the Stanlow Manufacturing Complex in the UK into a world-leading energy transition hub, with more than EUR 1 billion of projects nearing a Final Investment Decision (FID).

The announcement coincides with 15 years since Essar acquired Stanlow in 2011. Over the past 15 years, the group has invested more than EUR 1 billion in modernising the refinery, including reconfiguring the site into a highly efficient single-train operation, expanding the range of crude grades processed, and upgrading its catalytic cracker, the company stated.

Operated by Essar Energy Transition Fuels, the site recently completed a EUR 100 million refinery turnaround, increasing throughput by approximately 8 percent. The company also commissioned the UK’s first hydrogen-ready refinery furnace following a EUR 70.9 million investment, supporting the site’s transition towards low-carbon operations.

Commenting on the development, Prashant Ruia, Chairman of Essar Energy Transition, said, “We are proud to mark 15 years since acquiring Stanlow. It remains a privilege to steward this critical asset, and we remain committed to its future. Our EUR 4.3 billion investment pipeline represents a significant growth opportunity for the UK, supporting the country’s energy transition, generating massive long-term economic value, and creating thousands of highly skilled jobs built on the site’s proud industrial heritage.”

Hydrogen production forms the cornerstone of Essar’s decarbonisation strategy for Stanlow. The company is also evaluating the development of commercial data centres powered by on-site hydrogen-ready generation and plans to expand its retail fuel network with 800 new locations supplied directly from the refinery.

RoadGrid India Pvt. Ltd. has received financial assistance of ₹13 crore from the Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, for a manufacturing project aimed at commercialising its Universal EV Charger.

The funding will support a ₹27.5 crore project to establish a manufacturing and assembly facility for the company’s patented Universal EV charger. According to the company, the facility will have an annual production capacity of up to 2,000 chargers, with commercial production expected to begin by March 2027. The project is also expected to generate more than 100 direct jobs.

RoadGrid’s Universal EV Charger combines a 140 kW dual DC charging system supporting CCS2 and Type 6 connectors with AC charging capability. The project aims to manufacture interoperable charging solutions capable of serving electric 2Ws, 3Ws, passenger vehicles and commercial EVs through a single integrated platform, said a company statement.

The manufacturing facility will undertake production and assembly of power electronics, thermal management systems, embedded software, communication modules, metering systems, control hardware, enclosure fabrication, quality testing, calibration and final system integration. The company stated that the facility will be based on fully localised manufacturing.

RoadGrid, founded in 2020 and headquartered in Indore, develops EV charging hardware, software platforms and energy management solutions. Earlier this year, the company raised ₹12 crore in a pre-Series A funding round led by Venture Catalysts.

According to the company, it currently employs more than 40 people, holds two patents related to EV charging technology, has deployed over 100 EV chargers, manages more than 200 charging points and serves six enterprise customers across Indore, Mumbai and Kolkata. The company also said it has partnered with VinFast, HPCL and IOCL.

Commenting on the announcement, Rajesh Kumar Pathak, Secretary, Technology Development Board, Department of Science and Technology, Government of India, said: ”The rapid expansion of reliable and interoperable charging infrastructure is fundamental to accelerating electric mobility in India. Indigenous development and manufacturing of advanced EV charging technologies will strengthen the domestic clean mobility ecosystem, reduce import dependence and support the country’s transition towards sustainable transportation. The Technology Development Board remains committed to supporting technology-driven enterprises that are building globally competitive solutions for India’s green mobility future.”

Shashank Narayan, Co-Founder and Chief Technology Officer, RoadGrid India Pvt. Ltd., said: “The Technology Development Board’s support is a strong validation of our vision to build advanced EV charging technology in India. It will help us scale manufacturing of our patented Universal EV Charger, strengthen our engineering capabilities and accelerate the deployment of reliable, interoperable charging infrastructure. We believe India has the opportunity to build globally competitive charging technologies that can power the country’s transition to electric mobility.”

According to the company, the facility is expected to generate annual revenue of around ₹100 crore at an initial production level of 1,000 chargers. RoadGrid added that it intends to focus on meeting demand in the Indian market as EV charging infrastructure expands.

According to RoadGrid, India is expected to require more than four lakh public EV chargers by 2030. The company said the project is aimed at expanding domestic manufacturing capacity for EV charging infrastructure.

RoadGrid India Pvt. Ltd. has received financial assistance of ₹13 crore from the Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, for a manufacturing project aimed at commercialising its Universal EV Charger.

The funding will support a ₹27.5 crore project to establish a manufacturing and assembly facility for the company’s patented Universal EV charger. According to the company, the facility will have an annual production capacity of up to 2,000 chargers, with commercial production expected to begin by March 2027. The project is also expected to generate more than 100 direct jobs.

RoadGrid’s Universal EV Charger combines a 140 kW dual DC charging system supporting CCS2 and Type 6 connectors with AC charging capability. The project aims to manufacture interoperable charging solutions capable of serving electric 2Ws, 3Ws, passenger vehicles and commercial EVs through a single integrated platform, said a company statement.

The manufacturing facility will undertake production and assembly of power electronics, thermal management systems, embedded software, communication modules, metering systems, control hardware, enclosure fabrication, quality testing, calibration and final system integration. The company stated that the facility will be based on fully localised manufacturing.

RoadGrid, founded in 2020 and headquartered in Indore, develops EV charging hardware, software platforms and energy management solutions. Earlier this year, the company raised ₹12 crore in a pre-Series A funding round led by Venture Catalysts.

According to the company, it currently employs more than 40 people, holds two patents related to EV charging technology, has deployed over 100 EV chargers, manages more than 200 charging points and serves six enterprise customers across Indore, Mumbai and Kolkata. The company also said it has partnered with VinFast, HPCL and IOCL.

Commenting on the announcement, Rajesh Kumar Pathak, Secretary, Technology Development Board, Department of Science and Technology, Government of India, said: ”The rapid expansion of reliable and interoperable charging infrastructure is fundamental to accelerating electric mobility in India. Indigenous development and manufacturing of advanced EV charging technologies will strengthen the domestic clean mobility ecosystem, reduce import dependence and support the country’s transition towards sustainable transportation. The Technology Development Board remains committed to supporting technology-driven enterprises that are building globally competitive solutions for India’s green mobility future.”

Shashank Narayan, Co-Founder and Chief Technology Officer, RoadGrid India Pvt. Ltd., said: “The Technology Development Board’s support is a strong validation of our vision to build advanced EV charging technology in India. It will help us scale manufacturing of our patented Universal EV Charger, strengthen our engineering capabilities and accelerate the deployment of reliable, interoperable charging infrastructure. We believe India has the opportunity to build globally competitive charging technologies that can power the country’s transition to electric mobility.”

According to the company, the facility is expected to generate annual revenue of around ₹100 crore at an initial production level of 1,000 chargers. RoadGrid added that it intends to focus on meeting demand in the Indian market as EV charging infrastructure expands.

According to RoadGrid, India is expected to require more than four lakh public EV chargers by 2030. The company said the project is aimed at expanding domestic manufacturing capacity for EV charging infrastructure.

RoadGrid India Pvt. Ltd. has received financial assistance of ₹13 crore from the Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, for a manufacturing project aimed at commercialising its Universal EV Charger.

The funding will support a ₹27.5 crore project to establish a manufacturing and assembly facility for the company’s patented Universal EV charger. According to the company, the facility will have an annual production capacity of up to 2,000 chargers, with commercial production expected to begin by March 2027. The project is also expected to generate more than 100 direct jobs.

RoadGrid’s Universal EV Charger combines a 140 kW dual DC charging system supporting CCS2 and Type 6 connectors with AC charging capability. The project aims to manufacture interoperable charging solutions capable of serving electric 2Ws, 3Ws, passenger vehicles and commercial EVs through a single integrated platform, said a company statement.

The manufacturing facility will undertake production and assembly of power electronics, thermal management systems, embedded software, communication modules, metering systems, control hardware, enclosure fabrication, quality testing, calibration and final system integration. The company stated that the facility will be based on fully localised manufacturing.

RoadGrid, founded in 2020 and headquartered in Indore, develops EV charging hardware, software platforms and energy management solutions. Earlier this year, the company raised ₹12 crore in a pre-Series A funding round led by Venture Catalysts.

According to the company, it currently employs more than 40 people, holds two patents related to EV charging technology, has deployed over 100 EV chargers, manages more than 200 charging points and serves six enterprise customers across Indore, Mumbai and Kolkata. The company also said it has partnered with VinFast, HPCL and IOCL.

Commenting on the announcement, Rajesh Kumar Pathak, Secretary, Technology Development Board, Department of Science and Technology, Government of India, said: ”The rapid expansion of reliable and interoperable charging infrastructure is fundamental to accelerating electric mobility in India. Indigenous development and manufacturing of advanced EV charging technologies will strengthen the domestic clean mobility ecosystem, reduce import dependence and support the country’s transition towards sustainable transportation. The Technology Development Board remains committed to supporting technology-driven enterprises that are building globally competitive solutions for India’s green mobility future.”

Shashank Narayan, Co-Founder and Chief Technology Officer, RoadGrid India Pvt. Ltd., said: “The Technology Development Board’s support is a strong validation of our vision to build advanced EV charging technology in India. It will help us scale manufacturing of our patented Universal EV Charger, strengthen our engineering capabilities and accelerate the deployment of reliable, interoperable charging infrastructure. We believe India has the opportunity to build globally competitive charging technologies that can power the country’s transition to electric mobility.”

According to the company, the facility is expected to generate annual revenue of around ₹100 crore at an initial production level of 1,000 chargers. RoadGrid added that it intends to focus on meeting demand in the Indian market as EV charging infrastructure expands.

According to RoadGrid, India is expected to require more than four lakh public EV chargers by 2030. The company said the project is aimed at expanding domestic manufacturing capacity for EV charging infrastructure.

RoadGrid India Pvt. Ltd. has received financial assistance of ₹13 crore from the Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, for a manufacturing project aimed at commercialising its Universal EV Charger.

The funding will support a ₹27.5 crore project to establish a manufacturing and assembly facility for the company’s patented Universal EV charger. According to the company, the facility will have an annual production capacity of up to 2,000 chargers, with commercial production expected to begin by March 2027. The project is also expected to generate more than 100 direct jobs.

RoadGrid’s Universal EV Charger combines a 140 kW dual DC charging system supporting CCS2 and Type 6 connectors with AC charging capability. The project aims to manufacture interoperable charging solutions capable of serving electric 2Ws, 3Ws, passenger vehicles and commercial EVs through a single integrated platform, said a company statement.

The manufacturing facility will undertake production and assembly of power electronics, thermal management systems, embedded software, communication modules, metering systems, control hardware, enclosure fabrication, quality testing, calibration and final system integration. The company stated that the facility will be based on fully localised manufacturing.

RoadGrid, founded in 2020 and headquartered in Indore, develops EV charging hardware, software platforms and energy management solutions. Earlier this year, the company raised ₹12 crore in a pre-Series A funding round led by Venture Catalysts.

According to the company, it currently employs more than 40 people, holds two patents related to EV charging technology, has deployed over 100 EV chargers, manages more than 200 charging points and serves six enterprise customers across Indore, Mumbai and Kolkata. The company also said it has partnered with VinFast, HPCL and IOCL.

Commenting on the announcement, Rajesh Kumar Pathak, Secretary, Technology Development Board, Department of Science and Technology, Government of India, said: ”The rapid expansion of reliable and interoperable charging infrastructure is fundamental to accelerating electric mobility in India. Indigenous development and manufacturing of advanced EV charging technologies will strengthen the domestic clean mobility ecosystem, reduce import dependence and support the country’s transition towards sustainable transportation. The Technology Development Board remains committed to supporting technology-driven enterprises that are building globally competitive solutions for India’s green mobility future.”

Shashank Narayan, Co-Founder and Chief Technology Officer, RoadGrid India Pvt. Ltd., said: “The Technology Development Board’s support is a strong validation of our vision to build advanced EV charging technology in India. It will help us scale manufacturing of our patented Universal EV Charger, strengthen our engineering capabilities and accelerate the deployment of reliable, interoperable charging infrastructure. We believe India has the opportunity to build globally competitive charging technologies that can power the country’s transition to electric mobility.”

According to the company, the facility is expected to generate annual revenue of around ₹100 crore at an initial production level of 1,000 chargers. RoadGrid added that it intends to focus on meeting demand in the Indian market as EV charging infrastructure expands.

According to RoadGrid, India is expected to require more than four lakh public EV chargers by 2030. The company said the project is aimed at expanding domestic manufacturing capacity for EV charging infrastructure.