Essar Oil’s Vadinar refinery in Gujarat started commercial production in May 1, 2008. Having completed its phase 1 expansion (March 2012) and optimisation (June 2012) projects, it is now India's second largest single - location refinery, with an annual capacity of 20 mmtpa, or 405,000 barrels per day (bpd) up from 14.7 mmtpa/ 300,000 bpd previously, and a complexity of 11.8, up from 6.1 previously. This puts the Vadinar refinery amongst the world's most complex refineries. Vadinar refinery can now process a heavier crude diet and yet produce higher value, high-quality products, which will lead to increased refining margins.
Essar Oil, through a franchise model, today operates approximately 2,700 operating retail fuel outlets across India. Another 2,600 are in various stages of implementation. The company is now looking at expanding its retail network. Additionally, the company is increasing non-fuel retailing activities in this portfolio of retail outlets to provide an additional source of revenue.
Click here for more details on Retail business.
Click here for more details on Bulk business.