STUDY ON PERFORMANCE APPRAISAL

AT

ESSAR OIL LTD.REFINERY DIVISION.

KHAMBHALIA,JAMNAGAR

PREPARED BYPANDYA HARDIKA

PATEL ASHISH

ACADEMIC YEAR 2008 - 2009

GUIDED BY-Prof. GINCY MATHEW

SUBMITTED TO-Sankalchand Patel college of Engineering

M.B.A DEPARTMENTVISNAGAR

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 HardikaPatel 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 LIMITEDMAHALAXMI,ESSAR HOUSE, 11 K.K. MARGMAHALAXMI, MUMBAI – 4000134TEL :- (+91022) 66601100/40011100

Regional Office:-

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

Refinery:-

ESSAR OIL LIMITEDREFINERY SITE, P.O.BOX. NO. 2440 KM, JAMNAGAR – OKHA HIGHWAY P.O. KHAMBHALIA – 361305DIST JAMNAGAR, GUJARATPH :- (O2833-241444)FAX: - 02833 – 241818/241414

ORGANISATION CHART

CHAIRMAN

VICE CHAIRMAN

DIRECTORS

RESIDENT DIRECTORS

CHENNAI NEW DELHI GUJARAT NEW YORK

PRESIDENTCORPORATE AFFAIRS

HEADCORPORATE COMMUNICATION

HEADLEGAL

HEADFOREX & TREASURY

HEADCORP 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 FUNCTIONSMUMBAI

MR SURESH SUNDARAM – DIRECTOR CORPORATE

AVIATIONMR S.V. VENKATESAN – RESIDENT DIRECTOR,

CHENNAIMR J MEHRA – RESIDENT DIRECTOR,

NEW DELHI LATE MR HARSH SHAH – RESIDENT DIRECTOR,

GUJARATMR MADHUR S VAPPULURI – RESIDENT DIRECTOR,

NEW YORKMR SUNIL BAJAJ – PRESIDENT CORPORATE

AFFAIRSMR V KRISHNAN – HEAD CORPORATE

COMMUNICATIONMR 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 & PROCESSK BALASUBRAMANIAN-SENIOR VICE PRESIDENT

TECHNICAL SERVICESMR S S DAS-SENIOR VICE PRESIDENT

COMMISSIONING IN CHARGEEION TURNBULL

OPERATIONMR N VENKATRAMANI

HSE & FIRE FIGHTININGMR PRAKASH PAI-VICE PRESIDENT

ACCOUNTSMR P R ASHOK-VICE PRESIDENT

COMMERCIALMR S L RAVI-VICE PRESIDENT

PUBLIC RELATION & CDCMR 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).

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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.