{"id":305947,"date":"2019-12-17T10:45:50","date_gmt":"2019-12-17T05:15:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305947"},"modified":"2019-12-17T10:45:50","modified_gmt":"2019-12-17T05:15:50","slug":"nayara-energy-cuts-debt-by-rs-4600-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nayara-energy-cuts-debt-by-rs-4600-crore\/","title":{"rendered":"Nayara Energy cuts debt by Rs 4,600 crore"},"content":{"rendered":"<p>Vadinar: Nayara Energy, which runs the Vadinar refinery built by Essar OilNSE -0.04 %, has cut its debt by Rs 4,600 crore, reducing its finance cost by Rs 1,200 crore in two years since the Rosneft-led consortium acquired the unit, its chief executive said.<\/p>\n<p>It also plans to add a $850-million petchem unit and expand its fuel retail network to 7,300 in two years from 5,400 now as part of its ambition to become one of the largest integrated refinery-cum-petrochemicals complexes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vadinar: Nayara Energy, which runs the Vadinar refinery built by Essar OilNSE -0.04 %, has cut its debt by Rs 4,600 crore, reducing its finance cost by Rs 1,200 crore in two years since the Rosneft-led consortium acquired the unit, its chief executive said. It also plans to add a $850-million petchem unit and expand its fuel retail network to 7,300 in two years from 5,400 now as part of its ambition to become one of the largest integrated refinery-cum-petrochemicals complexes.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-305947","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=305947"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305947\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}