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Oil Refinery in India & leading Petroleum Company From Wikipedia, the free encyclopedia
Nayara Energy (pronounced na-yaa-raa -ˈnæ.ˈjɑː rə) () is an oil refining and marketing company that owns and operates Vadinar refinery located at Vadinar, Gujarat, India with a capacity of 20MMTPA,[4] making it the second largest in India.[5]
 | This article needs additional citations for verification. (July 2023) |
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| 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, , India[1] |
Key people |
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| Products | Petroleum |
| Revenue |  ₹156,030 crore (US$19 billion) (2024)[3] |
|
₹20,247 crore (US$2.4 billion) (2024) [3] | |
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₹12,321 crore (US$1.5 billion) (2024) [3] | |
| Total assets |
₹87,749 crore (US$11 billion) (2024) [3] |
| Total equity |
₹43,491 crore (US$5.2 billion) (2024) [3] |
| Owners | Rosneft (49.13%) Kesani Enterprises Co Ltd (49.13%) |
| Website | www |
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).[citation needed]
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).[6][7]
It operates over 6600 retail fuel outlets in the country, highest for any private oil company in India.[8]
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.[9][10]
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