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Indian Petroleum Company
Nayara Energy Limited (NEL) is an Indo-Russian oil refining and marketing company that owns and operates Vadinar Refinery located at Dwarka district of Devbhumi Dwarka Vadinar, Gujarat, India with a capacity of 250 MMTPA of refining capacity Crude oil processed making it the second largest refinery in India. It operates 6000+ Nayara branded outlets and over 1200 petrol pumps in various states.
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Nayara Energy raised petrol prices by Rs 5 per litre and diesel by Rs 3 across over 7,000 outlets due to rising global crude costs.