Mumbai, June 29 -- Russia's Rosneft-backed Nayara Energy has crossed 7,000 petrol pumps across India, reinforcing its position as the country's largest private fuel retailer and expanding access to fuel across cities, highways and rural markets. The company said this formed part of its In India for India strategy and that the development strengthens its nationwide retail network. The expanded footprint aims to improve availability and convenience for motorists and logistic corridors.
In a statement the company said it added more than 500 outlets over the past 18 months, equivalent to nearly one new station a day, as it continued to invest in strengthening its retail network. The footprint spans metropolitan centres, growth corridors, tier-two cities and rural regions, supporting mobility needs while increasing fuel availability in underserved markets. Nearly one-third of Nayara Energy's outlets are located in hinterland areas where fuel infrastructure is still developing, the firm said.
The retailer said its strategy focuses on assured fuel quality and quantity under uniform operational standards and customer-focused services. Investments in modern forecourt formats and convenience-led offerings form part of efforts to improve the customer experience and drive retail growth. The company added that its Dealer Owned Dealer Operated model supports more than 55,000 livelihoods through local entrepreneurship and long-term dealer partnerships.
Nayara Energy is an integrated downstream energy and petrochemicals company with operations spanning refining, petrochemicals and fuel retailing. Its Vadinar refinery in Gujarat has a capacity of 20 million tonnes a year (20 mn t a year) and produces about eight per cent of India's total refining output, the company said. Russia's Rosneft is the single largest shareholder with a 49.13 per cent stake and the firm has recently entered petrochemicals with a 450 thousand tonnes per annum polypropylene plant as part of its crude-to-chemicals expansion strategy.
Published by HT Digital Content Services with permission from Construction World.