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Essar Energy announces 50% stake sell in KPRL to Kenya Government

Essar Energy Overseas Limited (Essar Energy) has announced its stake sell worth 50 percent in Kenya Petroleum Refineries Ltd (KPRL) to the Government of Kenya (GoK).

Both the entities along with Essar Energy Holdings Limited have entered into an agreement on the transfer of shares.

The Essar Energy will completely exit from KPRL after this transaction.

Read EquityPandit’s Technical Analysis on Nifty Energy 

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