Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Nayara Energy to set up two ethanol plants at Rs 600-cr outlay

Tuesday, 14 May 2024
Share this on :

Rosneft-backed Nayara Energy plans to invest Rs 600 crore to set up two ethanol manufacturing plants in the country. Each plant will have a production capacity of 2,00,000 klpd, and will use broken rice and maize for feedstock.

These units will come up in Naidupeta, Andhra Pradesh and Balaghat in Madhya Pradesh, and are slated for commissioning by 2026. Overall, the company plans to have five ethanol manufacturing plants. By 2025, it intends to blend 20 percent ethanol, along with 100 percent sourcing.

Nayara Energy operates a 20 million tonne capacity oil refinery at Vadinar in Gujarat, and is investing Rs 6,000 crore to set up a petrochemical unit with annual capacity of 4,50,000 tonne in the same facility. It is also investing Rs 4,000 crore for modernisation of the refinery to improve its lifespan and reliability. These investments will be made till 2026.

Further, the company plans to significantly grow its fuel retail footprint from 6,600 outlets to 10,000 in three to four years. Nayara Energy's vision is to diversify its product portfolio and lead in the high growth petrochemical industry while also catering to domestic energy needs. In its endeavour for clean fuels, the company is also studying the prospect of venturing into sustainable aviation fuel (SAF) business as well as integration with a refinery.

New Password
Confirm Password