Reliance, bp JV sets in motion fuel retail network expansion plan
June 02, 2021
Begins franchisee on-boarding process to expand to up to 5,500 outlets
Reliance BP Mobility Ltd (RBML), a 51:49 joint venture of Reliance Industries Ltd (RIL) and bp, has started the franchisee on-boarding process, as it looks to support the proposed network expansion of up to 5,500 outlets over five years, RIL said in its annual report for FY 2020-21.
RBML has a network of 1,419 outlets that operate under the ‘Jio-bp’ brand.
Reflecting the net carbon zero target of RIL, RBML is seeking to provide Indian consumers advanced fuels that have lower emissions, charging infrastructure for electric vehicles, and other low carbon solutions.