| Nayara Energy Ltd. | |
| Logo Alt: | Nayara Energy Logo |
| Image Alt: | Nayara Energy's Vadinar Refinery |
| Former Name: | Essar Oil Limited |
| Type: | Private |
| Industry: | Oil and gas |
| Founders: | --> |
| Hq Location: | 5th Floor, Jet Airways Godrej BKC, Plot No. C-68, G Block, Bandra Kurla Complex |
| Hq Location City: | Bandra (East), Mumbai, Maharashtra |
| Hq Location Country: | India[1] |
| Areas Served: | --> |
| Products: | Petroleum |
| Revenue: | (2023)[2] |
| Operating Income: | (2023) |
| Net Income: | (2023) |
| Assets: | (2023) |
| Equity: | (2023) |
| Owners: | Rosneft (49.13%) Kesani Enterprises Co Ltd (49.13%) |
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,[3] making it the second largest in India.[4]
Nayara Energy operates the second-largest refinery in India. It is located in Vadinar, Devbhoomi Dwarka District, a few kilometers away from the world's largest refining complex (Jamnagar Refinery of Reliance Industries).
It was a publicly traded company (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).[5] [6]
It operates over 6600 retail fuel outlets in the country, highest for any private oil company in India. [7]
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.[8] [9]