Saturday, 1 January 2011

JSW’s Tuhin Mukherjee to join Essel Mining

Tuhin Mukherjee, the man widely credited for JSW Steel's recent mine acquisitions overseas , has quit the company to join the Birlas' unlisted mining arm,EsselMining.Mukherjee will replace Ravi Kastia, who has spear headed Essel Mining for the past five years. JSW Steel confirmed Mr Mukherjee's exit and said he was moving for what it described as 'better prospects'. Confirming  Mukh-erjee's appointment, an Aditya Birla group said that current Essel Mining managing director Ravi Kastia, will look after other businesses such as trading, thermal and wind power projects and ports. Mr Kastia will also oversee a fero-chem-which is a raw material used in the chemical industry-factory at Vapi and the textile unit at the Phillippines. Mukherjee led the Jindal group's efforts to match its growing steelmaking and power generating capacities with captive resources and the Mumbai-based group's recent acquisition of mines in the US, Canada, South Africa and Mozambique could be attributed to his team. 


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