Jio-bp, a fuel and mobility joint venture between RIL and bp, today announced the initial launch of E20 petrol. In line with the roadmap set by the government, Jio-bp has become one of the first fuel retailers in India to make E20 blended petrol available. Customers with E20 petrol compatible vehicles will be able to opt for this fuel at select Jio-bp outlets, and the offer will soon be extended across the network.
E20 fuel is a mixture of twenty percent ethanol and eighty percent fossil fuels. Government of India introduces E20 petrol blend in country with aim of reducing country’s oil import cost, energy security, lower carbon emissions, better air quality , self-sufficiency, the use of damaged cereals, increase the number of farmers. income, employment generation and greater investment opportunities. In addition, the government has advanced the E20 fuel target from 2030 to 2025.
India’s fuel and mobility market is growing rapidly. It is expected to be the fastest growing fuel market in the world for the next 20 years. Jio-bp Mobility Stations are designed to help meet this growing demand and are ideally positioned to suit customer convenience. They bring together a range of services for consumers on the move, including additive fuels, electric vehicle charging, soft drinks and food, and plan to offer more low-carbon solutions over time.
The joint venture is well positioned to become a leader in fuels and mobility by leveraging Reliance’s large presence and deep expertise in consumer businesses in India, and bp’s extensive global expertise in differentiated fuels from high quality, lubricants, convenience and advanced low-carbon mobility solutions. .
About Jio-bp:
Operating under the brand name “Jio-bp”, Reliance BP Mobility Limited (RBML) is an Indian fuel 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. bp brings its extensive global expertise in high-quality differentiated fuels, lubricants, retail and advanced low-carbon mobility solutions. In addition to marketing conventional fuels, RBML offers advanced mobility solutions and alternative power options to its customers, such as electric vehicle (EV) charging points and battery swapping stations (BSS). The company’s aviation brand “air bp-Jio” is a leading supplier of aviation turbine fuel in India. The ‘Jio-bp Fuel4U’ brand offers on-demand home delivery of diesel and is the market leader in the segment.
