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Essar Energy acquires Kenyan Firm

Essar Energy acquires 50% stake in Kenyan Petroleum Refineries. By this Indians are showing their grip in the world. Earlier Bharti has tied with MTN. Over the last several years major groups like Jindal, Godrej, Kirloskar, LT etc tapped undeveloped countries to show their presence and also to help them with their knowledge. Essar now owns a 50% stake in 80,000 barrels a day refinery in Mombasa in Kenyan.

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