Category | Details |
---|---|
Industry | Oil & Gas, Energy |
Founded | 1989 |
Core Business | Refining, Distribution & Marketing of Petroleum Products |
Refinery Capacity | 20 MMTPA (Million Metric Tonnes Per Annum) |
Market Reach | Over 6,500 retail fuel stations across India |
Growth Potential | Expanding refining capacity & renewable energy ventures |
Nayara Energy Limited, formerly known as **Essar Oil Limited**, is one of India’s leading private-sector oil refining and marketing companies. With **one of the largest refineries in India (Vadinar Refinery, Gujarat, 20 MMTPA capacity)** and a vast **fuel retail network (6,500+ outlets)**, Nayara Energy is a key player in the Indian energy market. The company is strategically positioned to **capitalize on India's rising energy demand**, and with plans for **expansion into renewable energy**, it presents a compelling investment opportunity.
Nayara Energy plans to increase its fuel retail network to over 8,000 outlets in the next 3 years.
The company is exploring investments in green energy, including biofuels and EV charging infrastructure.
Reports suggest Nayara Energy is considering an IPO to fund expansion and modernization projects.