Buy Sell Nayara Energy (Essar Oil Limited) Unlisted Shares – Share Price Today

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Nayara Energy Nayara Energy (formerly Essar Oil Ltd) operates India’s second largest single-site, state of the art and one of the most modern and complex refineries in the country. The company also owns a port and a captive power plant in Vadinar, Gujarat.

Business Operations

Refinery – The Refinery has an annual capacity of 20 million metric tonnes (MMT) or 405,000 barrels per day (bpd). It is capable of processing some of the toughest crudes and yet produce high quality Euro IV and Euro VI grade products. It can now produce high quality Bharat Stage (BS VI) compliant fuels that meet international standards.

Nayara is present in entire hydrocarbon value chain from refining to marketing. And, now it is gearing up to deliver crude to chemicals too. It is the fastest growing pan-India fuel retail network.

The Vadinar refinery (in Gujarat) is India’s second largest single-site, state of the art refinery, which constitutes approximately 8% of India’s refining capacity.

Nayara Energy Unlisted Shares Details
ISIN No – INE011A01019
Face Value – Rs 10 per equity share
Total Available Shares: 100-5000 (Min lot size 100 shares)

Nayara Energy Limited
Khambhalia Post, P O Box 24, District Devbhumi
Dwarka – 361 305,
Gujarat, India

Retail – With a pan-India network of over 5600 retail stations 2,600+ stations in various stages of commissioning, Nayara Energy fuel stations endeavour to reach the length and breadth of the country covering national and state highways as well as rural areas.
In August 2017, Russian oil giant Rosneft acquired Essar Oil’s assets, including its fuel retail outlets for $12.9 billion from the Ruia’s. More than two years on, Nayara has transformed Essar’s entire debt profile, bringing down the count of long-term lenders from 25 to eight, besides cutting interest and finance charges by more than Rs 1200 crore.

Expansion

At the end of 2021, the company plans to have 7,300 fuel retail outlets, up from the present 5,344. This expansion will increase market share from 5% to 7%.

With this expansion, Nayara will retain its tag of the largest private fuel retailer in the country. Reliance Industries trails Nayara with around 1,372 fuel retail outlets followed by Shell which operates over 120 fuel retail stations in the country and has acquired land for another 150, which are under-construction. Shell plans to open 1,200 retail stations across India over the next ten years. RIL along with partner BP Plc plans to jointly set up 2,000 petrol pumps in India over the next few years.

Nayara is also investing $850 million to expand its Vadinar refinery to foray into the petrochemical business. In the first phase, the company plans to set up a 450,000-tonnes-per annum polypropylene plant. Polypropylene is used in applications, including packaging for consumer products, plastic parts for various industries including the automotive industry and textiles etc. The unit is targeted to be completed by 2022-end.

Besides the petrochemical unit, the company may also invest in adding capacity at the refinery to produce Euro-VI grade petrol and diesel as India is set to implement strict emission norms under Bharat Stage VI from April 1, 2020.

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