OGPL, had entered into a JV in 2010-11 and acquired 90% stake in Powergen
Ma Foi Strategic Consultants will hold 51% stake in Axis-V
Picks up 1.5% stake worth Rs 40 crore from Copthall Mauritius Investment
Arrangement will allow Essar Oil UK to repay its existing working capital revolving credit facility, provided by 13 banks
However, he says, the guidance will be reviewed in October
Total income rises 27% to Rs 2,980 cr
Total income increases 39% to Rs 2,174 crore
However, total income increases 19% to Rs 4,719 cr