Monday, December 16, 2019

Nayara Energy cuts debt by Rs 4,600 crore

Nayara Energy has cut its debt by Rs 4,600 crore in two years since the Rosneft-led consortium acquired the unit, an executive claimed. It further plans to add a $850-million petchem unit and expand its fuel retail network to 7,300 from 5,400 in two years to become one of the largest integrated refinery-cum-petrochemicals complexes.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36G6ryV

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