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 Nayara Energy Refinery at Vadinar, Gujarat | |
| Formerly | Essar Oil Limited |
|---|---|
| Company type | Private |
| Industry | Oil and gas |
| Headquarters | 5th Floor, Jet Airways Godrej BKC, Plot No. C-68, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, India |
| Key people |
|
| Products | Petroleum |
| Revenue |  ₹156,030 crore (US$19 billion) (2024) |
| Operating income |
₹20,247 crore (US$2.4 billion) (2024) |
| Net income |
₹12,321 crore (US$1.5 billion) (2024) |
| Total assets |
₹87,749 crore (US$11 billion) (2024) |
| Total equity |
₹43,491 crore (US$5.2 billion) (2024) |
| Owners | Rosneft (49.13%) Kesani Enterprises Co Ltd and United Capital Partners(49.13%) |
| Website | www |
Nayara Energy (pronounced na-yaa-raa -ˈnæ.ˈjɑː rə) (listen) is an oil refining and marketing company that owns and operates Vadinar refinery located at Vadinar, Gujarat, India with a capacity of 20MMTPA, making it the second largest in India.
History
Nayara Energy operates the second-largest refinery in India. It is in Vadinar, Devbhoomi Dwarka District, a few kilometres from the world's largest refining complex (Jamnagar Refinery of Reliance Industries).
Buyout
It was a publicly traded company (NSE: ESSAROIL and BSE: 500134) until it was taken private in a leveraged buyout which closed on 30 December 2015. It was delisted valued at ₹380 billion (US$5.3 billion).
Operations
It operates over 6600 retail fuel outlets in the country, highest for any private oil company in India.
The refinery is supported by a crude oil tanker facility, water intake facilities, a multi-fuel power plant, a product jetty, dispatch facilities (rail, road, and sea) and retail outlets.
See also
References
- "Contact us". nayaraenergy.com. Retrieved 30 January 2019.
- "Nayara Energy Leadership". Retrieved 4 May 2024.
- ^ "Annual report 2024" (PDF).
- www.ETEnergyworld.com. "Nayara Energy says on track for setting up solar power plants, Energy News, ET EnergyWorld". ETEnergyworld.com. Retrieved 30 January 2023.
- "Nayara Energy exports 80% of fuel to Asia, Africa; none to EU". The Economic Times. Retrieved 30 January 2023.
- "Essar Oil delists in Rs 3,745 cr payout". The Hindu. 31 December 2015. Retrieved 31 December 2015.
- "Essar Oil completes delisting process with Rs 3,745-cr payout". The Indian Express. Retrieved 31 December 2015.
- "Private OMCs Gain market share in Bulk Diesel sales".
- Mishra, Twesh (5 February 2021). "Nayara Energy's India fuel retail outlets". The Economic Times. Retrieved 1 May 2023.
- www.ETEnergyworld.com. "Nayara Energy exports 80 per cent of fuel to Asia, Africa; none to EU, Energy News, ET EnergyWorld". ETEnergyworld.com. Retrieved 30 January 2023.
External links
Categories:- Rosneft
- Essar Group
- Oil and gas companies of India
- Companies based in Mumbai
- Non-renewable resource companies established in 1969
- Indian companies established in 1969
- 1969 establishments in Maharashtra
- Companies formerly listed on the National Stock Exchange of India
- Companies formerly listed on the Bombay Stock Exchange