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Nayara Energy Operationalises Its First Rail-Fed POL Depot

27 March 2019

Nayara Energy Limited, 49.13% of which is held by Rosneft Oil Company, has operationalised the first state-of-the-art rail-fed petroleum oil lubricants depot.

Spread over 200,000 square metres at Wardha in Maharashtra, the depot has a capacity of over 16 million litres of oil products which will be supplied from Nayara Energy’s refinery at Vadinar, Gujarat. The unique position of the depot will help Nayara Energy cater to the requirements of customers as well as business partners in and around the Vidarbha region.

“The addition of our new depot in Wardha is in line with our commitment to create world-class assets in a sustainable manner to fuel India’s growing energy demands. This, being our first rail-fed depot, will be an important step towards enhancing our supply infrastructure in the region,” Balasundaram Anand, CEO Nayara Energy commented.

With a focus on promoting sustainability, Nayara Energy has also commissioned a 300-kVA solar power plant at the depot that is expected to generate 450,000 kWh per year.

Note for Editors:

Nayara Energy Limited is a high-class asset featuring Indian refinery and a chain of filling stations. Rosneft and a consortium of international investors Trafigura and UCP Investment Group acquired the asset from Essar Energy Holdings in August 2017. This provided an entry for Rosneft into one of the fastest-growing world markets. Nayara Energy owns Vadinar refinery with throughput of 20 mtpa (Nelson index 11.8; conversion rate 95.5%), as well as an oil depot terminal, a port, infrastructure, and a network of over 5,000 filling stations.

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March 27, 2019

Keywords: Environmental News 2019