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, making it the second largest in India.

History

Nayara Energy operates the second-largest refinery in India. It is in Vadinar, Devbhoomi Dwarka District, a few kilometres from the world's largest refining complex (Jamnagar Refinery of Reliance Industries).

Buyout

It was a publicly traded company (nse: ESSAROIL and bse: 500134) 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).

Operations

It operates over 6600 retail fuel outlets in the country, highest for any private oil company in India. 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.