Essar subsidiary makes first tax payment

Essar Energy, the India-focused integrated energy company, has reported that its subsidiary Essar Oil has made an initial payment towards the deferred sales tax liability from its Vadinar oil refinery.

Essar Energy, the India-focused integrated energy company, has reported that its subsidiary Essar Oil has made an initial payment towards the deferred sales tax liability from its Vadinar oil refinery.

The company has paid Rs 10bn (around $182m) to the Gujarat government out of a total of Rs. 61.69bn (around $1.12bn) that is due.

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