Adani Total Gas, Jio-bp to offer each other's fuels at their pumps
The deal will plug a gap in each company's mobility offerings. ATGL operates CNG stations, while Jio-bp pumps sell only petrol and diesel. Now select ATGL fuel outlets will offer Jio-bp's petrol and diesel, while select Jio-bp fuel outlets will integrate ATGL's CNG dispensing units, within ATGL's licence areas.
State-run fuel retailers have been following this practice in many cities, especially Delhi, where CNG retailers have installed dispensing stations at petrol pumps.
Such arrangements help to expand CNG access for consumers by skirting land availability issues.
The agreement between ATGL and Jio-bp a covers both existing and future outlets of both partners. ATGL currently operates a network of 650 CNG stations, while Jio-bp has a network of 2000 petrol pumps.
ATGL, a joint venture of Adani and TotalEnergies of France, is India's leading city gas distribution, serving natural gas to households, industries, commercial customers, and motorists. ATGL also offers compressed biogas, EV charging, and LNG for the transportation segment.
Jio-bp, a joint venture between Reliance Industries Ltd. and UK energy major bp, is a leading mobility solutions provider in India, with a strong presence in fuel retailing, low-carbon alternatives, and modern convenience stores.
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