Business Economy


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
More News

Apollo Tyres launches 'Aspire 5', eyes global market

26 Jun 2025 | 1:33 PM

Kochi, June 26 (UNI) Apollo Tyres Ltd, a leading tyre maker and a trusted partner to leading global automakers, launched its newest Ultra-High Performance (UHP) tyre, Apollo Aspire 5, positioned at ‘adventure meeting comfort’.

see more..
Amazon launches five new Fulfilment Centres  ahead of Prime Day 2025

Amazon launches five new Fulfilment Centres ahead of Prime Day 2025

26 Jun 2025 | 1:10 PM

Hyderabad, June 26 (UNI) With Prime Day 2025 starting next month, Amazon today announced the launch of five new Fulfilment Centres (FCs), further adding to its robust operations network in India.

see more..
Rupee rises by 17 paise against USD

Rupee rises by 17 paise against USD

26 Jun 2025 | 10:38 AM

Mumbai, June 26 (UNI) The Rupee today appreciated by 15 paise to 85.90 in the opening session, on weak dollar demand from bankers and importers, amid easing West Asian tension.

see more..
Sensex rises by 123 21 points

Sensex rises by 123 21 points

26 Jun 2025 | 10:38 AM

Mumbai, June 26 (UNI) The BSE Sensex today rose by 123.21 points to 82,878.17 in early trade, tracking mixed global market cues amid cautiousness over the fragile Israel-Iran ceasefire, traders said.

see more..

AP: Kakinada Co-op town Bank makes Rs 15 64 Cr net profit

26 Jun 2025 | 1:39 AM

Kakinada, June 25 (UNI) The Kakinada co-operative town bank, ever since its inception forty five years ago has been making profits consistently and in the financial year ending March 31st it made a net profit of Rs.15.64 Crores, a top official said here today.

see more..