Nayara Energy, formerly known as Essar Oil Limited, was acquired by Rosneft, one of the world’s largest oil companies based in Russia, in August 2017. After the acquisition, the company was rebranded as Nayara Energy. The acquisition was one of the largest foreign investments in India’s refining sector.
Founder: Ruia family, acquired by Rosneft 2017
Chairman: PRASAD K PANICKER
Headquarters: Mumbai, Maharashtra, India
motto : – Energy To Realise Your Dreams
Number of employees : 2.5k ++
locations : Vadinar, Gujarat, India
Nayara Energy Corporate Office:
Mumbai, Maharashtra
Nayara Energy Refinery:
Vadinar, Gujarat
Nayara Energy Marketing Office:
Mumbai, Maharashtra
Nayara Energy Marketing Office:
New Delhi, Delhi
Nayara Energy Marketing Office:
Kolkata, West Bengal
Nayara Energy Marketing Office:
Chennai, Tamil Nadu
Operations: Nayara Energy operates one of India’s largest single-site refineries located in Vadinar, Gujarat, with a refining capacity of around 20 million metric tonnes per annum (MMTPA). The refinery complex includes secondary processing units like a petrochemicals plant and captive power plants. The company is also involved in marketing, distribution, and retailing of petroleum products.
Product Range: Nayara Energy produces a wide range of petroleum products including gasoline, diesel, liquefied petroleum gas (LPG), aviation turbine fuel (ATF), petrochemicals, and other specialty products.
Retail Network: The company has an extensive network of retail outlets across India under the brand name “Nayara Energy”. It operates over 5,900 fuel retail outlets across various states in India, serving millions of customers.
Corporate Social Responsibility (CSR): Nayara Energy is actively involved in various CSR initiatives focused on education, healthcare, environmental sustainability, and community development in the areas surrounding its operations.
Technology and Innovation: Nayara Energy has been investing in technology and innovation to improve operational efficiency, reduce environmental footprint, and enhance product quality and value.
Global Presence: While Nayara Energy primarily operates in India, its parent company, Rosneft, has a global presence with operations spanning exploration, production, refining, marketing, and distribution of petroleum products across multiple countries