123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

The Biggest Rail-fed Oi Depot In India - Nayara

Profile Picture
By Author: Nayara Energy
Total Articles: 15
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

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.
According to the company press release, the depot, spread over 50 acres, has a capacity of handling over 16,000 kilolitres of oil products, which will be supplied from the company’s refinery at Vadinar in Gujarat.
B Anand, chief executive officer, Nayara Energy said, “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.”
The company has also commissioned a 300-kilo-volt-ampere (kVA) solar power plant, which is expected to generate 4,50,000 units per year.

The company added that it has also inaugurated an Upper Primary School building at Nimgaon village in Wardha and plans to provide mobile medical units in four villages around the depot, in the next phase of its community development programme.

In August ...
... 2017, Essar Oil was acquired by international investors Rosneft (a leader of Russia’s petroleum industry and the world’s largest public oil and gas company by liquid hydrocarbon production and reserves) and an investment consortium comprising of global commodity trading firm Trafigura and UCP Investment Group.
The company which is called Nayara Energy post-acquisition owns India’s second-largest single-site refinery at Vadinar, Gujarat with a current capacity of 20 million tonnes per annum (MMTPA). Also, the company has over 5,000 retail outlets across the country.

Nayara Energy has also commissioned a 300-kVA solar power plant that is expected to generate 4,50,000 units/year. The depot will further house a vapour recovery unit with unique hybrid technology, which is a first-of-its-kind in India.
To know more visit https://www.nayaraenergy.com/

Total Views: 236Word Count: 290See All articles From Author

Add Comment

Business Articles

1. How Global Trade Finance Facilitates Cross-border Transactions And Reduces Risk
Author: Riddhi Divan

2. Innovative Uses Of Nickel In Cryogenic And Marine Environments
Author: Online fittings

3. Implementing Predictive Analytics In Your Abm Toolkit
Author: SalesMark Global

4. Comparing The Top 5 Live Commerce Platforms For 2024
Author: Amy Williams

5. Data-driven Precision Marketing For Effective Demand Generation
Author: SalesMark Global

6. Supercharge Your Sales With Optimized Pipeline Velocity
Author: SalesMark Global

7. Best Japan Tour Packages
Author: bharathi

8. Adani Group Stocks Down 20%; Gautam Adani Indicted In Us Over Bribery Charges
Author: Bizzbuzz

9. High-performance Ss Round Bars: Addressing The Energy Sector's Needs
Author: Neelkamal Alloys LLP

10. The Role Of Modern Washroom Solutions In Maintaining Cleanliness
Author: ritika krishna

11. Why Choose Premium Taxi Services In Kochi?
Author: maya

12. Black Magic Astrologer In Kasaragod
Author: Sripandith05

13. The Health Benefits Of Adding Pineapple To Your Pancakes
Author: maya

14. Top Luxury Resorts In Kerala For Your Dream Vacation
Author: maya

15. How To Start Your Shopping Website In Doha: A Simple Guide
Author: maya

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: