Essar’s Vadinar Refinery Wins PetroFed Award
Essar Oil’s 20 MTPA Vadinar refinery received the coveted “Refinery of the Year’’ award by Petroleum Federation of India (PetroFed).
Mr Lalit Kumar Gupta, Managing Director & Chief Executive Officer, and Mr C Manoharan, Director-Refinery, accepted the award at a glittering ceremony in New Delhi on 8 August 2016. This is the second instance that the refinery has received the award, after having won it for the first time in 2011.
Essar Oil’s Vadinar refinery was conferred with the award based on its performance measured in terms of production and operating efficiency, safety initiatives, improvement in energy consumption, environment protection, environment and occupational safety and health, information technology and initiatives in using advanced technology during the year.
Mr Manoharan said, “We are delighted to receive this prestigious award for the second time. We have vastly improved our crude blend and product slate at the refinery, and this is reflected in our financial performance. Our margins, too, have remained consistently above the industry benchmarks. I would also like to take the opportunity to congratulate Mrs Dixit for being honoured with the Woman Executive of the Year award by PetroFed.”
Dr RK Malhotra, Director General, Petroleum Federation of India, said on the occasion, “The PetroFed Awards Committee and the Jury comprising of eminent people recommended the Vadinar Refinery of Essar Oil for the Refinery of the year award based on the evaluation parameters. We congratulate Essar Oil’s team on this commendable achievement and wish them more success in future.’’
