Latest news with #SureshPManglani


United News of India
26-06-2025
- Business
- United News of India
Adani Total-Jio BP tie up to retail Petrol, Diesel, CNG at fuel outlets
Mumbai, June 25 (UNI) Adani Gas Ltd has stated in a filing to the stock exchange that Adani Total Gas Ltd (ATGL) and Jio-BP have entered into a strategic partnership to jointly retail petrol, diesel and CNG across select fuel outlets belonging to each other. According to the deal, select Adani Total fuel stations will retail Jio-BP's petrol and diesel, while select Jio-BP outlets will host Adani Total CNG dispensing units within Adani Total's authorised geographical areas. Adani Total Gas Ltd, which is a joint venture between the Adani Group and TotalEnergies of France, is a leading city gas distribution company which supplies natural gas to households, commercial establishments and industries, while also retailing gas to motorists. Adani Total's business portfolio also involves compressed biogas, electric vehicle charging solutions and LNG for the transportation sector. Jio-BP, which is a joint venture between Reliance Industries Limited and British Petroleum (BP), has a strong network in fuel retailing, alternative low-carbon energy products as well as convenience stores. Jio-BP Chairman Sarthak Behuria said, "The two companies are united by a common vision to offer customers high-quality fuels. This partnership allows us to leverage each other's strengths to further enhance the value we provide to India'. Adani Total's Executive Director & CEO Suresh P Manglani said, 'It is our shared vision to provide a complete range of high-quality fuels at our outlets. This partnership will enable us to leverage each other's infrastructure, thus enhancing customer experience and offerings'. The partnership will cover both existing and forthcoming retail fuel outlets of the two companies. Presently, Adani Total operates around 650 CNG stations, while Jio-BP runs a retail network of nearly 2,000 fuel stations. Adani Total holds authorisation to supply PNG and CNG in 34 geographical areas, while its joint venture with Indian Oil, namely IOAGPL, is authorised to do so in another 19 geographical areas across India. The company's total reach is 53 geographical areas across 125 districts of India. Adani Total has also set up subsidiaries for biomass and electric mobility businesses. UNI XC SSP


Hans India
26-06-2025
- Automotive
- Hans India
Adani Total Gas Limited and Jio-bp Partner to Enhance Quality Fuel Offerings
Ahmedabad, 25 June 2025: Adani Total Gas Ltd. (ATGL) and Jio-bp (operating brand of Reliance BP Mobility Limited) today announced signing of an agreement to redefine the auto fuel retail experience for Indian consumers. Under this partnership, select ATGL fuel outlets will offer Jio-bp's high-performance liquid fuels (petrol and diesel), while select Jio-bp fuel outlets will integrate ATGL's CNG dispensing units, within ATGL's authorized Geographical Areas (GA), thus enhancing the supply of high-quality fuels to transport consumers. ATGL, a joint venture of Adani and TotalEnergies, is India's leading city gas distribution (CGD) player, serving natural gas to households, industries, commercial customers, and motorists. ATGL also offers Compressed Biogas (CBG), EV Charging, and LNG for the transportation segment. Jio-bp, a joint venture between Reliance Industries Limited and bp, is a leading mobility solutions provider in India, with a strong presence in fuel retailing, low-carbon alternatives, and modern convenience stores. 'We are united by a shared vision to offer our customers a superior selection of high-quality fuels. Jio-bp has always been committed to delivering an exceptional customer experience, and this partnership allows us to leverage each other's strengths to further enhance the value we provide to India,' said Sarthak Behuria, Chairman, Jio-bp. 'It is our shared vision to provide complete range of high-quality fuels at our outlets. This partnership will enable us to leverage each other's infrastructure, thus enhancing customer experience and offerings,' said Suresh P Manglani, Executive Director and Chief Executive Officer, Adani Total Gas Ltd. The agreement 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 outlets. This strategic alliance marks a significant milestone in the journey of both companies toward sustainable growth and innovation. About Adani Total Gas ATGL is India's leading city gas distribution company, with authorization to supply PNG and CNG in 34 Geographical Areas and plays a significant role in the nation's efforts to enhance the share of natural gas in its energy mix. Additionally, ATGL's 50:50 joint venture with IOCL, Indian Oil-Adani Gas Private Limited (IOAGPL), has authorization to supply PNG and CNG in 19 GAs, thus covering a total of 53 GAs and 125 districts in the country. Further, ATGL has formed two wholly owned subsidiaries, namely Adani TotalEnergies E-Mobility Ltd (ATEL) and Adani TotalEnergies Biomass Ltd (ATBL) for its E-Mobility and Biomass businesses respectively. ATGL has also formed a 50:50 joint venture, Smart Meter Technologies Private Limited, which is in the business of manufacturing smart gas meters. For more information, please visit About Jio-bp Operating under the brand 'Jio-bp', Reliance BP Mobility Limited (RBML) is an Indian fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp. The joint venture leverages Reliance's presence across the country and its millions of consumers through the Jio digital platform while bp brings its extensive global experience in high-quality differentiated fuels, lubricants, retail, and advanced low carbon mobility solutions. In addition to marketing conventional fuels, Jio-bp provides advanced mobility solutions and alternative fueling options to its customers such as Electric Vehicles (EV) charging, compressed biogas (CBG) and more. The company's aviation brand 'air bp-Jio' is a leading supplier of Aviation Turbine Fuel across India. The brand 'Jio-bp Fuel4U' caters to on-demand doorstep delivery of diesel and is a market leader in the segment. Jio-bp is also the India partner for popular UK fuel forecourt Café brand by bp, Wildbean Café (WBC), and have innovated to take WBC outside the fuel forecourt. Learn more about Jio-bp on / Twitter, Instagram, Facebook, YouTube: @Jiobpofficial/ For latest updates check out For Media Queries : ATGL: Roy Paul I [email protected] Jio-bp: Aritra Chakrabarty | [email protected]


Time of India
25-06-2025
- Business
- Time of India
Adani Group, Reliance in pact for fuel distribution
The Adani Group and Reliance Industries on Wednesday announced a partnership for distribution of fuel. While select outlets of the Adani Group's Adani Total Gas will offer Jio-bp's petrol and diesel, certain Jio-bp stations will install Adani Total's CNG dispensing units, as per the agreement. This is the second major collaboration between the two industrial giants. In March last year, Mukesh Ambani's Reliance Industries had acquired a 26% stake in Adani Power's Mahan Energen Ltd. for ₹50 crore, securing 500 MW of captive power from a 600 MW Madhya Pradesh plant under a 20-year agreement. While Adani Total manages about 650 CNG stations, Jio-bp operates around 2,000 retail outlets. The partnership is expected to provide consumers access to high-quality fuels . The arrangement will be applicable to both existing and future retail outlets operated by the two companies. Live Events "It is our shared vision to provide a complete range of high-quality fuels at our outlets," Suresh P Manglani, the chief executive officer at Adani Total Gas, was quoted in a release as saying. "This partnership will enable us to leverage each other's infrastructure, thus enhancing customer experience and offerings," he said. Adani Total, a natural gas distribution joint venture by Adani and TotalEnergies, is a leading gas distribution company in the country with a strong presence in Ahmedabad, Vadodara, Faridabad, Khurja and several districts in Assam, Chhattisgarh, and Madhya Pradesh. This allows Adani Total to reach 34 geographical areas, with another 19 areas covered through Indian Oil Adani Gas Pvt Ltd (IOAGPL), a 50:50 CGD joint venture between Indian Oil and the company.


Economic Times
25-06-2025
- Business
- Economic Times
Adani Total Gas, Reliance's Jio-bp partner to offer each other's fuels in select outlets
In a move to improve fuel quality offerings, Adani Total Gas and Jio-bp, the fuel retail brand of Reliance BP Mobility, announced on Wednesday that they will begin offering each other's fuels in select outlets in India's fast-growing $150 billion fuel retail market. Under this partnership, select ATGL fuel outlets will offer Jiobp's liquid fuels (petrol and diesel), while select Jio-bp fuel outlets will integrate ATGL's CNG dispensing units, within ATGL's authorized Geographical Areas (GA), said Adani Total Gas through a stock exchange filing. 'Jio-bp has always been committed to delivering an exceptional customer experience, and this partnership allows us to leverage each other's strengths to further enhance the value we provide to India,' said Sarthak Behuria, Chairman, Jio-bp. 'It is our shared vision to provide complete range of high-quality fuels at our outlets. This partnership will enable us to leverage each other's infrastructure, thus enhancing customer experience and offerings,' said Suresh P Manglani, Executive Director and Chief Executive Officer, Adani Total Gas Ltd. Private retails gain share Private fuel retailers Reliance Industries and Rosneft-backed Nayara Energy are profiting from a market distortion created by state-run companies' refusal to cut pump prices, even as international fuel prices have fallen sharply. Reliance Industries and Nayara Energy are using these margins to undercut state-run firms by up to Rs 3 per litre, steadily eroding their market share in the retail petrol and diesel business, reported ET quoting industry executives. In April-May, the private sector's share of diesel sales increased to 11.5% from 9.6% a year earlier. In petrol, the share increased to 10% from 9%. At the same time, in the bulk diesel business, state-run and private suppliers were locked in a fierce battle, offering fuel at steep discounts to retail prices-highlighting just how much room there is to cut prices in a truly competitive market, according to executives. State-run Indian Oil Corporation regained significant share from private players in the bulk diesel segment during International Energy Agency expects India will become the largest source of global oil demand growth out to 2030, in contrast with China, where fuel demand may have already peaked.


Time of India
25-06-2025
- Business
- Time of India
Adani Total Gas, Reliance's Jio-bp partner to offer each other's fuels in select outlets
Indian conglomerates Adani Total Gas and Jio-bp , operating brand of Reliance BP Mobility , on Wednesday announced that it has agreed to offer each other's fuels in select outlets. Under this partnership, select ATGL fuel outlets will offer Jiobp's liquid fuels (petrol and diesel), while select Jio-bp fuel outlets will integrate ATGL's CNG dispensing units , within ATGL's authorized Geographical Areas (GA), said Adani Total Gas through a stock exchange filing. 'Jio-bp has always been committed to delivering an exceptional customer experience, and this partnership allows us to leverage each other's strengths to further enhance the value we provide to India,' said Sarthak Behuria, Chairman, Jio-bp. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bank Owned Properties For Sale In Kauman (Prices May Surprise You) Foreclosed Homes | Search ads Search Now Undo 'It is our shared vision to provide complete range of high-quality fuels at our outlets. This partnership will enable us to leverage each other's infrastructure, thus enhancing customer experience and offerings,' said Suresh P Manglani, Executive Director and Chief Executive Officer, Adani Total Gas Ltd.