• The Company operates a major refinery in Vadinar, Gujarat.
•
The refinery is India’s second-largest single-site, state of the art
refinery, which constitutes approximately 8% of India’s refining
capacity.
• The refinery is considered to be more modern and complex, with the
Nelson complexity index at 11.8, compared others around the world.
With business across the hydrocarbon value chain from refining in
detail, this refinery is geared up to accomplish the vision of
delivering crude to chemicals.
• The refinery is strategically located on the west coast of India,
which provides close proximity to the Middle East and Africa, which
also facilitates access to high consumption domestic as well as an
export market, which benefits the Nayara Energy Share Value.
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• The company has a pan- India presence across 5,600 retail
stations. • Rosneft along with an investment consortium comprising
global commodity trading firm Trafigura and Russia’s investment fund
United Capital Partners bought a 49.13% stake in Essar Oil for $12.9
billion, in August 2017. The company was renamed to Nayara Energy,
which was inspired from the Hindi word (new) and the English word
‘era.’