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Essar Power

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Essar Power Salaries in Mumbai (Updated 2025)

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Salaries by designations

Based on 76 salaries · Updated: 8 Jun 2025
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Designation Avg Annual Salary Open Jobs
16 years exp. · Mumbai (AmbitionBox Estimate)
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₹34.7 L/yr - ₹44.3 L/yr

22 years exp. · Mumbai (AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr

22 years exp. · Mumbai (AmbitionBox Estimate)
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₹37.8 L/yr - ₹48.3 L/yr

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹23.6 L/yr - ₹30.2 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.2 L/yr - ₹16.9 L/yr

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr

20 years exp. · Mumbai (AmbitionBox Estimate)
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₹91.2 L/yr - ₹1 Cr/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.6 L/yr - ₹15 L/yr

15 years exp. · Mumbai (AmbitionBox Estimate)
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₹37.8 L/yr - ₹48.2 L/yr

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹23.4 L/yr - ₹29.9 L/yr

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹31.1 L/yr - ₹39.7 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.7 L/yr

24 years exp. · Mumbai (AmbitionBox Estimate)
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₹15.1 L/yr - ₹19.3 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.9 L/yr

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

20 years exp. · Mumbai (AmbitionBox Estimate)
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₹29.7 L/yr - ₹37.9 L/yr

Latest salaries by Essar Power employees

3d ago

Manager M1

14 years exp.

₹12.4 Lakhs
3d ago

DGM - Maintenance

21 years exp.

₹23 Lakhs
6d ago

Senior Manager

14 years exp.

₹14.7 Lakhs
1w ago

Joint General Manager

20 years exp.

₹27.8 Lakhs
1w ago

Accountant

10 years exp.

₹6.3 Lakhs
1w ago

Maintenance Engineer

15 years exp.

avg blur mobile
1w ago

DGM

19 years exp.

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2w ago

Manager

14 years exp.

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1mo ago

Cheif Financial Officer

30 years exp.

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1mo ago

Senior Consultant

12 years exp.

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View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
5d
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Essar Power

3.9

Rated by 14 employees for salary & benefits

Production, Manufacturing & Engineering Department

5.0
  •  updated on 09 Apr 2021

4.0
 for  Salary and Benefits

Likes

Wonderful overall experience with the company. The exposure you get here is wide ranging. The company's culture and work environment is very healthy. The colleagues and seniors are always helpful. The HR team makes sure the employees are up to the best of their spirits due to various employee engaging activities.

read more
  • Salary - Good
  • +6 more

Dislikes

Appraisal and variable part of the salary could be bettered.

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  updated on 22 Sep 2024

1.0
 for  Salary and Benefits

Likes

There is nothing to like about.

Dislikes

1. Horrible management 2. Bellow par salary 3. Filthy minded people 4. No appraisal for continuous 3 year 5. Highly insensitive employees with too much of insecurity. 6. The list can go on ….

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Electrical Maintenance Department

4.0
  •  updated on 21 Sep 2021

2.0
 for  Salary and Benefits

Likes

Essar group culture is really a wonderful experince, Company policy is flexible for employees. Cafeteria is so wide and sport complex is there.

read more
  • Skill development - Good
  • +3 more

Dislikes

Management doesn't address our issues salary hike is not better then other MNCs so career growth is slow.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Project & Program Management Department

4.0
  •  updated on 25 Sep 2017

4.0
 for  Salary and Benefits

Likes

In ESSAR, the one thing you will mostly like is friendly environment created from top to bottom peoples. You will get plenty of opportunity to learn many things. No One is restricted in one fields. Although appraisal and compensation is not at par excellent, but work life balance score overcompensate it.

read more
  • Salary - Good
  • +6 more

Dislikes

One common dislike in every Company, that is salary compensation.

Research & Development Department

3.0
  •  updated on 17 Apr 2021

2.0
 for  Salary and Benefits

Likes

Same Position offered for GET and 3 Experience candidate with same salary. As there is not good compensation also. Alway ask for CTC break before offer acceptance. Variable amount is included in CTC. No hikes in salary and more deduction from Gross salary.

read more
  • Job security - Good

Dislikes

Bad Variable policy, No extra benefits, no free transportation,

  • Salary - Poor
  • +4 more
see more salary related reviews

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Essar Power Salary FAQs

How much does Essar Power pay to its employees?
The average annual salary at Essar Power varies depending on the role, experience, and location. The salary ranges for some popular designations at Essar Power, are as follows:

HR Head ₹34.7 Lakhs to ₹44.3 Lakhs per year
IT Head ₹15.8 Lakhs to ₹20.1 Lakhs per year
General Manager Finance & Accounts ₹37.8 Lakhs to ₹48.3 Lakhs per year
Senior Manager Finance & Accounts ₹23.6 Lakhs to ₹30.2 Lakhs per year

The highest-paying role, CFO, earns between ₹45 Lakhs to ₹64 Lakhs per year. The top 10% of employees earn more than ₹24 Lakhs per year, and the top 1% earn over ₹64 Lakhs per year. Salaries at Essar Power can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 76 salaries submitted by Essar Power employees. Essar Power is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Essar Power , Mumbai is INRunlock blur . Salary estimates are based on 70+ Essar Power latest salaries received from various employees of Essar Power.

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