HOME

TheInfoList



OR:

Nayara Energy LTD(pronounced na-yaa-raa -ˈnæ.ˈjɑː rə) ()is an Indo-Russian oil refining and marketing company that owns and operates Vadinar refinery located at
Dwarka Dwarka () is a town and municipality of Devbhumi Dwarka district in the States and union territories of India, Indian state of Gujarat. It is located on the western shore of the Okhamandal Peninsula on the right bank of the Gomti river at ...
district of Kutch
Vadinar Vadinar is small coastal town located in Devbhumi Dwarka district of the state of Gujarat, India. The offshore oil terminal of the Kandla Port Trust (K. P. T.) (Previously known as Kandla Port Trust, Kandla Port Trust is renamed as Deendayal P ...
,
Gujarat Gujarat () is a States of India, state along the Western India, western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the List of states and union territories ...
,
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
with a capacity of 250 MMTPA of refining capacity Crude oil processed making it the second largest refinery in India. 6000+ Nayara branded outlets and over 1200 petrol pumps in various stages.


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 The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries in Motikhavdi, Jamnagar, Gujarat, India. The refinery was commissioned on 14 July 1999 with an initial installed capacity of . Its current installed capaci ...
of
Reliance Industries Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the ...
).


Buyout

It was a
publicly traded company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( ...
( and ) 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 Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring u ...
tanker facility, water intake facilities, a multi-fuel power plant, a product jetty, dispatch facilities (rail, road, and sea) and retail outlets.


See also

*
Rosneft PJSC Rosneft Oil Company ( stylized as ROSNEFT) is a Russian integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and pet ...
*
United Capital Partners UCP Investment Group is a Russian independent asset management company investing in publicly traded securities and private companies. UCP’s investment portfolio includes assets in the industrial, oil & gas and infrastructure sectors, retail an ...
* Vadinar Refinery *
Essar Group Essar Group is an Indian Multinational company, multinational Conglomerate (company), conglomerate company, founded by Shashi and Ravi Ruia, Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a vari ...


References


External links


Essar Oil BSE listing
{{Authority control 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