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STUDY ON

PERFORMANCE APPRAISAL
AT
ESSAR OIL LTD.
REFINERY DIVISION.
KHAMBHALIA,
JAMNAGAR
PREPARED BY
PANDYA HARDIKA
PATEL ASHISH

ACADEMIC YEAR 2008 - 2009

GUIDED BY-
Prof. GINCY MATHEW

SUBMITTED TO-
Sankalchand Patel college of Engineering
M.B.A DEPARTMENT
VISNAGAR
DECLARATION

We Pandiya Hardika and Patel Ashish, a student of M.B.A of


Sankalchand Patel College of Engg. Vishnager hereby declare
that this project report on Performance Appraisal has been
successfully carried under the guidance of all my colleagues and
employees at ESSAR OIL LIMITED, JAMNAGAR.

The project is based on the industrial training at ESSAR OIL


LIMITED, situated on Jamnagar- Khambhalia Highway,
Jamnagar. We further declare that this project has been prepared
by us only and this report has not been previously submitted to
any college or university.

Place: Jamnagar Sign

Pandya Hardika
Patel Ashish
INTRODUCTION
ESSAR OIL LIMITED
Essar Oil Ltd. was started in the year 1994 and it is currently
India’s largest corporate houses manufacturing and service
sector playing vital role in the economic growth of our country.

The project is progressing with ABB (Asian Brown Bovary)


Lummus Crest with a contract of US $32 billion. The Project
Management are done by Essar Projects, Engineers India
Limited & Tata Consulting Engineers.

Essar Oil Limited at Vadinar is headed by B.K.MUKHERJEE.


It has about 777 highly efficient and dynamic team of
employees by positively affecting the society.
ABOUT ESSAR GROUP
The Essar Group is one of India’s largest corporate houses with
interests spanning the manufacturing and service sectors in both
Old and New Economies: STEEL, POWER, SHIPPING,
CONSTRUCTIONS, OIL & GAS, and TELECOM.

The Group has an asset base of US$ 4.4 bn (Rs 200 billion) and
a turnover of over US$ 2.08 bn (Rs 95 billion).Strategic
investments made by the group over the past decade have
resulted in the creation of tangible and intangible assets that are
at the Heart of Indian Economy.

The group takes pride in being a high performance multinational


organization providing world class services and products.
Manned by a highly efficient and dynamic team of employees,
the group is growing stronger everyday. A commited corporate
citizen, the group provides unwavering support to the
community as well as initiates various social and ecological
drives that have “POSITIVE ATTITUDE” on society.
ESSAR PHILOSOPHY
The success of “ESSAR GROUP” is dependent on the
development and realization of potential of each one who is in
direct contact or indirect contacts.

The mindset of Yesterday’s managers was to accept


compromise and keep things neat & orderly which leads to
complacency. We should not be afraid to go against today’s
currents because we know that tomorrow is ours and we must
work on a vision of what business can become.
ESSAR MISSION
The mission of this company is to create enduring value for
customers and stakeholders in core manufacturing and service
businesses, through world class operating standards, state of art
technology and “POSITIVE ATTITUDE” of our people.
ESSAR LEADERSHIP VALUES

1. Integrity of all times.

2. Satisfaction to Internal & External Customers.

3. Facilitate all round excellence.

4. Promote Quality.

5. Continuously innovate and create.

6. Explore growth opportunities in New Technologies.

7. Constantly focus on Cost reduction.

8. Work with “POSITIVE ATTITUDE”.


HRD MISSION
To transform human resources from employee, to management
partner in achieving business goal. Proactively create
environment and work with people to provide competitive edge
to the business for continuous growth.

Create a finest learning, which would facilitate the acquisition of


the request knowledge, skills and attitudes or competencies that
will bring about the best among our employees, towards
organizational effectiveness.
WORLD CLASS STANDARDS
The ESSAR GROUP insists on setting and surpassing world
class benchmarks in everything that they do. No wonder they
have the world’s largest gas based sponge iron plant and are one
of the world’s largest integrated sea logistics companies that
owns India’s largest double hull, double bottom VLCC. All their
businesses to stay strong and agile. They have invested several
billion dollars on exclusive state of art technology because they
believe that it confers strong strategic advantage.
CORPORATE OFFICE AND REGIONAL
OFFICE ADDRESS

Corporate Office:-

ESSAR OIL LIMITED


MAHALAXMI,
ESSAR HOUSE, 11 K.K. MARG
MAHALAXMI, MUMBAI – 4000134
TEL :- (+91022) 66601100/40011100

Regional Office:-

ESSAR OIL LIMITED


ESSAR HOUSE,
12, SWASTIK SOCIETY, JAMNAGAR – 361008
TEL :- (0288-2556480/81/82/83)

Refinery:-

ESSAR OIL LIMITED


REFINERY SITE, P.O.BOX. NO. 24
40 KM, JAMNAGAR – OKHA HIGHWAY
P.O. KHAMBHALIA – 361305
DIST JAMNAGAR, GUJARAT
PH :- (O2833-241444)
FAX: - 02833 – 241818/241414
ORGANISATION CHART

CHAIRMAN

VICE CHAIRMAN

DIRECTORS

RESIDENT DIRECTORS

CHENNAI NEW DELHI GUJARAT NEW YORK

PRESIDENT
CORPORATE AFFAIRS

HEAD
CORPORATE COMMUNICATION

HEAD
LEGAL

HEAD
FOREX & TREASURY

HEAD
CORP RISK & INSURANCE MANAGEMENT

FLOW CHART-1
MANAGEMENT TEAM OF ESSAR GROUP

SHRI SHASHI RUIA – CHAIRMAN

SHRI RAVI RUIA – VICE CHAIMAN

SHRI PRASHANT RUIA – DIRECTOR

SHRI ANSHUMAN RUIA – DIRECTOR


CORPORATE FUNCTIONS
MUMBAI
MR SURESH SUNDARAM – DIRECTOR
CORPORATE
AVIATION
MR S.V. VENKATESAN – RESIDENT DIRECTOR,
CHENNAI
MR J MEHRA – RESIDENT DIRECTOR,
NEW DELHI
LATE MR HARSH SHAH – RESIDENT DIRECTOR,
GUJARAT
MR MADHUR S VAPPULURI – RESIDENT DIRECTOR,
NEW YORK
MR SUNIL BAJAJ – PRESIDENT
CORPORATE
AFFAIRS
MR V KRISHNAN – HEAD CORPORATE
COMMUNICATION
MR Y M SHIVAMURTHY – HEAD LEGAL

MR N S PARAMASIVAM – HEAD FOREX &


TREASURY
MR DINYAR M JIVAASHA – HEAD CORP. RISK
& INSURANCE MGT.
MANAGEMENT TEAM ESSAR OIL
LIMITED JAMNAGAR

MR AWADHESH SINHA – MANAGING DIRECTOR

MR HARI L MUNDRA – DY MANAGING DIRECTOR


&
DIRECTOR FINANCE

MR B K MUKHERJEE – HEAD REFINERY

MR RAJ K VARMA – CEO MARKETING

MR S R AGRAWAL – EXECUTIVE DIRECTOR


EXPLORATION &
PRODUCTION
MR V K DHARIA – CEO EXPLORATION &
PRODUCTION
MR G R BELLAR – SR VICE PRESIDENT
BUSINESS
DEVELOPMENT
MR S S BAGRODIA – SR VICE PRESIDENT
COMMERCIAL
MR SHAFFI SHEIKH – COMPANY SECRETARY

MR C MOHAN KUMAR – HEAD HUMAN RESOURCES


ORGANISATION STRUCTURE
ESSAR OIL LIMITED
JAMNAGAR

TECHNICAL SERVICES & PROCESS


K BALASUBRAMANIAN-SENIOR VICE PRESIDENT

TECHNICAL SERVICES
MR S S DAS-SENIOR VICE PRESIDENT

COMMISSIONING IN CHARGE
EION TURNBULL

OPERATION
MR N VENKATRAMANI

HSE & FIRE FIGHTINING


MR PRAKASH PAI-VICE PRESIDENT

ACCOUNTS
MR P R ASHOK-VICE PRESIDENT

COMMERCIAL
MR S L RAVI-VICE PRESIDENT

PUBLIC RELATION & CDC


MR PRASHANT PANDYA-VICE PRESIDENT

ORGANISATION FLOWCHART- 3
GENERAL INFORMATION OF
ESSAR OIL LIMITED
JAMNAGAR

OFFICE TIMINGS :-

GENERAL SHIFT: 8:30 A.M. TO 5:30 P.M.


SHIFT A: 6:00 A.M. TO 2:00 P.M.
SHIFT B: 2:00 P.M. TO 10:00 P.M.
SHIFT C: 10:00 P.M. TO 6:00 A.M.

THE A, B & C SHIFT IS CURRENTLY TO OPERATIONS


DEPARTMENT.

MOBILE PHONES:-

THE FACILITY OF MOBILE PHONES TO THE


EMPLOYEES IS TOTALLY NEED BASED AND
DEPENDS ON THE NATURE OF JOB RESPONSIBILITY
ENTRUSTED TO THE EMPLOYEE AND WILL BE
DECIDED BY THE RESPECTED HEAD OF
DEPARTMENT AND APPROVED BY THE HEAD.

CANTEEN FACILITY :-

THERE ARE 3 CANTEENS FUNCTIONING AT SITE,


WHERE BREAKFAST/SNACKS ARE AVAILABLE IN
THE MORNING BETWEEN 8:00 A.M. TO 9:00 A.M. FOR
LUNCH FROM 12:00 P.M. TO 2:00 P.M. AT FIXED
CHARGES. TEA COFFEE IS SERVED IN THE OFFICE 2
TIMES IN THE MORNING AND 1 TIME IN THE
AFTERNOON.FOR THE DINNER THE TIME IS FROM
9:00 P.M. TO 10:00 P.M.
TRANSPORT FACILITY

THE COMPANY PROVIDES FREE BUS SERVIES TO


COMMUTE TO AND FRO ALL CORNERS OF
JAMNAGAR, SIKKA AND KHAMBHALIA.THIS
FACILITY IS PROVIDED UPTO M-6 (DY GENERAL
MANAGER) AND M-5 AND ABOVE ARE TO MAKE
THEIR OWN ARRANGEMENTS. EMPLOYEE SITTING
BEYOND 19:30 HRS CAN REQUEST FOR VEHICLE
FROM TRANSPORT DEPARTMENT.

ATTENDANCE :-

ALL EMPLOYEES ARE EXPECTED TO REACH THE


PLACE OF THE WORK AT LEAST 5 MINUTES BEFORE
THE COMMENCEMENT OF WORKING HOURS AND
ALL EMPLOYEES HAVE TO SIGN IN THE
ATTENDANCE MUSTER.

REGULATORY ENVIRONMENT :-

ESSAR OIL LIMITED follows a proper rules and regulations


laid down by the Government of India and jointly with Gujarat
Government. It has been certified by the following acts :
• THE INDIAN CONTRACT ACT, 1872
• THE INDIAN FACTORY ACT, 1948 & 1987
• ENVIRONMENTAL PROTECTION ACT
• PETROLEUM ACT
• PAYMENT OF WAGES ACT, 1936 & MINIMUM
WAGES ACT, 1948
• WORKMEN COMPENSATION ACT, 1923
• NEC- CERTIFIED CLASSIFICATION OF
HAZARDEOUS AND DANGERIOUS CHEMICALS
BANKS:-

• HOUSING DEVELOPMENT FINANCE


CORPORATION (HDFC)
• INDUSTRIAL CREDIT AND INVESTMENT
CORPORATION OF INDIA (ICICI)
• STATE BANK OF SAURASHTRA (SBS)
• PUNJAB NATIONAL BANK (PNB)
• RESERVE BANK OF INDIA (RBI)
COMPETITORS:-

• RELIANCE PETROLEUM LIMITED (RPL)


• INDIAN OIL CORPORATION (IOC)
• INDIAN PETRO CHEMICALS LIMITED (IPCL)
• GUJARAT STATE PETROLEUM CORPORATION
(GSPC)
• CHENNAI PETROLEUM CORPORATION LIMITED
(CPCL)
• HINDUSTAN PETROLEUM CORPORATION
LIMITED (HPCL)
• BHARAT PETROLEUM CORPORATION LIMITED
(BPCL)
• GUJARAT GAS CORPORATION (GGC)
• GAS AUTHORITY OF INDIA LIMITED (GAIL)
• OIL AND NATURAL GAS CORPORATION (ONGC)
• TATA CHEMICALS (TC)
Essar Oil Limited Strategy

 Provides all the crucial company information required


for business and competitor intelligence needs.
 Covers all the major features of the company,
including in depth business descriptions, products and
services, revenue breakdowns and key suppliers, clients and
competitors.
 Includes detailed strategic analysis covering business
strategy, SWOT analysis and value chain analysis.
 A financial and operational overview is supplied,
including industry specific ratios, (where applicable).

• Obtain up to date company information.


• Support sales activities by understanding your
customers’ businesses better.
• Qualify prospective partners and suppliers.
• Understand and respond to your competitors’ business
structure, strategy and prospects.
 Insightful company information, which addresses business and
competitor intelligence needs.
 In-depth analysis of the operational aspects of the business
including business descriptions, product lines and services
revenue splits, and key competitors.
 Detailed financial and operational overview including key
performance specific ratios.
 Strategic analysis of the company using SWOT and Value
Chain analysis.

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