Chennai: Nayara Energy has announced opening of 6,000 fuel retail outlets across the country.
Over the past five years, the number of its fuel retail outlets have tripled. The company said it added 600 retail outlets in the last fiscal year.
Speaking on the occasion, B Anand, CEO, Nayara Energy said, “In FY19-20, the retail business generated 18 per cent year-on-year volume growth. Nayara Energy aims to maintain the growth trajectory of the retail network and further expand to 7,600 fuel retail outlets by the end of 2024 to secure the rising energy demand of India’s aspiring population. We are expecting domestic demand for gasoline and gasoil returning to pre-covid levels by the first half of 2021.”