NAYARA ENERGY INAUGURATES IT’S SEVENTH GANTRY IN DEVBHOOMI DWARKA

New gantry will cater to growing retail demand of Motor Spirit (MS)/High-Speed Diesel (HSD) Will strengthen Health, Safety, Environmental and Fire (HSEF) standards at the refinery

Vadinar, 12 July 2021: Nayara Energy, a new-age downstream energy and petrochemicals company of international scale, inaugurated its seventh gantry at the Vadinar Refinery in . This new gantry marks the fourth White Oil Road Loading Gantry at Vadinar along with the two LPG Road Loading Gantries and one Black Oil Loading Gantry. The new gantry was inaugurated by Dr. Alois Virag, Chief Executive Officer and Prasad Panicker, Director and Head of Refinery and Madhur Taneja, Chief Marketing Officer, along with the members of the refinery. In line with its commitment to ensure operational safety, the gantry will be equipped with a bottom loading facility for MS and HSD at all its 8 bays as well as independent ethanol blending capabilities in MS at 4 bays. This feature will contribute to the environment, owing to reduced vapor emissions during the loading process. The gantry has been designed to cater to growing retail demand of MS/HSD and augment the HSEF standards of Nayara Energy’s operations. The facility will be able to provide quicker filling of the Tank Truck’s thereby providing faster product deliveries to our channel partners. Speaking at the inauguration, Madhur Taneja, Chief Marketing Officer, Nayara Energy said, “As the fastest growing pan-India private fuel retail network with over 6000+ fuel stations, we are committed to meeting the growing needs of the our customers on the move and enhance their experience. This new gantry will augment dispatch capacity, as well as cater to growing retail demand through continuous product supply.”

Nayara Energy also owns a rail-fed depot in Wardha having a capacity of 16000KL. The retail business of Nayara Energy is a dealer owned dealer operated model, enabling accelerated expansion of its retail network. Nayara Energy is committed to strengthening India’s energy infrastructure and providing access to quality fuel for its customers combined with a good fueling experience at their retail fuel stations.

*** About Nayara Energy Nayara Energy is a new-age downstream energy and petrochemicals company of international scale with strong presence across the hydrocarbon value chain from refining to retail. In August 2017, the Indian company was acquired by international investors including Oil Company and an investment consortium comprising of global commodity trading firm and UCP Investment Group. The company owns and operates India’s second largest single site refinery at Vadinar, Gujarat with a current capacity of 20MMTPA. The refinery is one of the world’s most modern refineries with a high Nelson complexity index of 11.8, and is complemented by port infrastructure and a captive power plant. More information about Nayara Energy is available at www.nayaraenergy.com

Media contact - Prafull Tankaria 7574817106, [email protected]

Photo Caption: Dr. Alois Virag, Chief Executive Officer, Nayara Energy, Prasad Panikar, Director and Head, Refinery, inaugurated 7th Gantry at Vadinar Refinery, Gujarat in the presence of members of the refinery.