Nayara Energy Ltd - Company Profile
Powered by 
All the data and insights you need on Nayara Energy Ltd in one report.
$295
- Save hours of research time and resources with
our up-to-date Nayara Energy Ltd Strategy Report
- Understand Nayara Energy Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Nayara Energy Ltd (Nayara Energy) is a downstream company that carries out the refining and marketing of oil-refined products. The company operates a refinery at Vadinar in Gujarat, which is capable of processing crude from sweet to sour and light to heavy into Euro-grade petroleum products. Its portfolio of products includes sulfur, bitumen, pet coke, fly ash, and high-speed diesel. The refinery has access to a coal-based captive power plant; a storage unit; and a deep-water port. The company markets its petroleum products through a network of retail outlets. It also sells products in bulk to companies operating in the industrial and transport sectors. Nayara Energy is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
5th Floor, Jet Airways Godrej BKC, Plot No. C-68, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, 400051
Website
www.nayaraenergy.com
Telephone
91 22 66121800
Industry
Energy and Utilities
Revenue (2023)
$16.7B
Nayara Energy Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Bitumen | Refining Services |
| High Flash High Speed Diesel | Retailing |
| Compressed Natural Gas | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Stake Sale | In January, the company sold its 24.5% held by Trafigura to a Rome-based energy investment group. |
| 2022 | Regulatory Approval | In November, the company secured remaining nod from the Supreme Court for expansion of current refinery advanced and for establishing a brand new petrochemical advanced in Vadinar in Devbhoomi Dwarka district. |
| 2022 | Contracts/Agreements | In October, the company and Rosneft signed a contract on supplying a diesel-powered hydro-processing catalyst manufactured by RN-Kat to India. |
Competitor Comparison
| Key Parameters | Nayara Energy Ltd | Indian Oil Corp Ltd | Reliance Industries Ltd | Bharat Petroleum Corp Ltd | Mangalore Refinery and Petrochemicals Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | New Delhi | Mumbai | Mumbai | New Delhi |
| State/Province | Maharashtra | Delhi | Maharashtra | Maharashtra | Karnataka |
| No. of Employees | - | 31,095 | 389,414 | 8,713 | 2,550 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alessandro Des Dorides | Chief Executive Officer | Senior Management | 2024 | - |
| Rajani Kesari | Chief Financial Officer | Senior Management | 2023 | - |
| Madhur Taneja | Chief Marketing Officer | Senior Management | 2021 | - |
| Sergey Denisov | Chief Development Officer | Senior Management | - | - |
| Prasad K. Panicker | Chairman; Head-Refinery | Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward