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Essar Power

4.2
based on 215 Reviews
Video summary

Working at Essar Power

Company Summary

Essar is India's one of the leading corporate delivering services in sectors of energy, infrastructure, metals & mining, and in verticals of technology.

Overall Rating

4.2/5
based on 215 reviews
highly rated categories
5% above
industry average
highly rated categories
Highly rated for

Job security, Work-life balance, Work satisfaction

Work Policy
Work from office
Work from office
96% employees reported
Monday to Saturday
Monday to Saturday
55% employees reported
Strict timing
Strict timing
53% employees reported
No travel
No travel
53% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
Health insurance
20 employees reported
Office cab/shuttle
Office cab/shuttle
19 employees reported
Job/Soft skill training
Job/Soft skill training
19 employees reported
Cafeteria
Cafeteria
13 employees reported
View all benefits

About Essar Power

Founded in1997 (28 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websiteessar.com
Primary Industry
Other Industries
--
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View in video summary
Essar Power is one of India’s largest private sector power producers with a capacity of almost 3,900 MW across six multi-fuel plants in three Indian states and one thermal power plant in Canada. Of this, the Company operates 2,400 MW as an Independent Power Producer (IPP) with plants in Madhya Pradesh and Gujarat. The remaining are Captive Power Plants (CPP) in Gujarat & Odisha. Essar Power has also invested in the transmission business and constructed a 465-km interstate transmission system which spans three Indian states. Essar has invested about INR 32,000 crore in the power portfolio, which includes INR 12,000 crore of equity. The company aims to bring down leverage in its balance sheet from INR 20,000 crore currently to aboutINR 7,500 crore. The deleveraging efforts include the debt restructuring in the IPPs, which were affected by the cancellation of coal mines and unviable pricing of imported thermal coal. Essar Power is in discussions, which are now at an advanced stage, with its lenders to restructure all existing debts. This Company has put together a clear programme to address the challenges faced by the IPPs and is confident of overcoming them in the current year. Power demand in India is increasing at a rate of 7% year-on-year and there are no new power generation capacities that are expected to be created in the near future. Essar Power, therefore, has an excellent opportunity to enter into new PPAs and utilise its entire generation capacity. The business is led by a strategy of stabilising existing operations, growing them and venturing into the renewable space.
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Essar Power Ratings

based on 215 reviews

Overall Rating

4.2/5
How AmbitionBox ratings work?
5
111
4
66
3
24
2
6
1
8

Category Ratings

4.3

Job security

4.2

Work-life balance

4.0

Work satisfaction

3.9

Company culture

3.9

Skill development

3.6

Salary

3.6

Promotions

Essar Power is rated 4.2 out of 5 stars on AmbitionBox, based on 215 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Essar Power
based on 200 reviews
1.9
Rated by 7 Women
Rated 3.2 for Skill development and 2.5 for Job security
4.3
Rated by 193 Men
Rated 4.4 for Job security and 4.3 for Work-life balance

Work Policy at Essar Power

based on 21 reviews in last 6 months
Work from office
96%
Permanent work from home
4%

Essar Power Reviews

Top mentions in Essar Power Reviews

+ 5 more

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Overall Rating
4.2/5
based on 215 reviews
3.9/5
based on 1.9k reviews
4.1/5
based on 2.3k reviews
3.9/5
based on 1.7k reviews
Highly Rated for
Job security
Work-life balance
Work satisfaction
Skill development
Job security
Salary
Skill development
Job security
Company culture
Job security
Skill development
Salary
Critically Rated for
No critically rated category
No critically rated category
Promotions
No critically rated category
Primary Work Policy
Work from office
96% employees reported
Work from office
80% employees reported
Work from office
76% employees reported
Work from office
86% employees reported
Rating by Women Employees
1.9
Bad
rated by 7 women
3.8
Good
rated by 31 women
4.1
Good
rated by 76 women
3.4
Average
rated by 87 women
Rating by Men Employees
4.3
Good
rated by 193 men
3.9
Good
rated by 1.8k men
4.1
Good
rated by 2.1k men
3.9
Good
rated by 1.5k men
Job security
4.3
Good
3.9
Good
4.0
Good
3.9
Good
View more

Essar Power Salaries

Essar Power salaries have received with an average score of 3.6 out of 5 by 215 employees.

Deputy Manager

(75 salaries)
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₹4.1 L/yr - ₹9 L/yr

Deputy General Manager

(28 salaries)
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₹15 L/yr - ₹32 L/yr

Joint General Manager

(15 salaries)
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₹21.9 L/yr - ₹39 L/yr

Senior Manager Maintenance

(9 salaries)
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₹10.7 L/yr - ₹16 L/yr

DPT.Manager

(9 salaries)
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₹5.5 L/yr - ₹8 L/yr

Deputy Manager Power Plant

(8 salaries)
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₹5.1 L/yr - ₹7.3 L/yr

Maintenance Manager

(8 salaries)
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₹8.5 L/yr - ₹13.4 L/yr

Deputy Manager Operations

(7 salaries)
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₹5 L/yr - ₹5.7 L/yr

HR Manager

(7 salaries)
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₹10.6 L/yr - ₹15 L/yr

Assistant Manager Operations

(7 salaries)
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₹3.5 L/yr - ₹6 L/yr

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Essar Power FAQs

When was Essar Power founded?
Essar Power was founded in 1997. The company has been operating for 28 years primarily in the Power sector.
Where is the Essar Power headquarters located?
Essar Power is headquartered in Mumbai, Maharashtra.
How many employees does Essar Power have in India?
Essar Power currently has more than 7,000+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Essar Power based on the number of reviews submitted on AmbitionBox.
Does Essar Power have good work-life balance?
Essar Power has a work-life balance rating of 4.2 out of 5 based on 200+ employee reviews on AmbitionBox. 82% employees rated Essar Power 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Essar Power work-life balance reviews for more details
Is Essar Power good for career growth?
Career growth at Essar Power is rated fairly well, with a promotions and appraisal rating of 3.6. 82% employees rated Essar Power 4 or above, while 18% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Essar Power promotions/appraisals reviews for more detailed insights.
What are the pros of working in Essar Power?
Working at Essar Power offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and work satisfaction, based on 200+ employee reviews on AmbitionBox.
Essar Power Overview
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