Latest news with #AdaniTotalGasLtd
India.com
2 hours ago
- Automotive
- India.com
Mukesh Ambani, Gautam Adani's biggest partnership, join hands for…, how will the deal help Indians?
(File) Mukesh Ambani and Gautam Adani have joined forces to sell automotive fuels by integrating their respective fuel retail networks, marking the second business collaboration between the two billionaire industrialists. Ambani's fuel venture with UK's BP, Jio-bp, will set up petrol and diesel dispensers at CNG retail outlets of Adani Total Gas Ltd (ATGL). Alongside, ATGL is the equal city gas joint venture of Adani Group and TotalEnergies of France will put up CNG dispensing units at Jio-bp's fuel pumps, according to a joint statement on Wednesday. The partnership will cover both group's existing as well as future outlets. Jio-bp owns 1,972 petrol pumps across the country while ATGL operates a network of 650 CNG stations in 34 geographical areas. 'Adani Total Gas Ltd (ATGL) and Jio-bp (operating brand of Reliance BP Mobility Ltd) today (Wednesday) 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 authorised geographical areas (GA), thus enhancing the supply of high-quality fuels to transport consumers,' the statement said. This is the second time in recent months that the rival billionaires have come together. In March last year, the two had signed the pact for their first-ever collaboration for a power project in Madhya Pradesh. Ambani's firm Reliance had picked up a 26 per cent stake in Adani Power's project in MP and signed to use the plants' 500 MW of electricity for captive use. How ATGL And Jio-bp Help Customer? ATGL also offers compressed biogas (CBG), EV charging, and LNG for the transportation segment. Jio-bp, on the other hand, 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,' Jio-bp Chairman Sarthak Behuria 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,' ATGL Executive Director and Chief Executive Officer Suresh P Manglani said. The agreement covers both existing and future outlets of both partners, the statement said. 'This strategic alliance marks a significant milestone in the journey of both companies toward sustainable growth and innovation.' Ambani and Adani are coming together to challenge the dominance of state-owned retailers in the fuel retailing space. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) control over 90 per cent of 97,366 petrol pumps in the country. PSUs are also a dominant player in city gas. Ambani VS Adani In Different Business With Ambani's interests spanning oil and gas to retail and telecom and Adani's focus on infrastructure spanning sea ports to airports, coal and mining, they rarely crossed each other's path except in the clean energy business where the two have announced multi-billion investments. Adani is building mega renewable energy parks and has also ventured into solar modules and wind turbine manufacturing. Ambani's Reliance, too, is building four gigafactories at Jamnagar in Gujarat — one each for solar panels, batteries, green hydrogen, and fuel cells. Reliance is also eyeing setting up renewable electricity capacity at Gujarat's Kavada, the arid land bordering Pakistan where Adani is also building the world's largest solar park with 30 gigawatts capacity. The two had come face-to-face during an auction of the 5G spectrum airwaves. While Ambani bid for airwaves to sustain his telecom business, Adani's entry had surprised many. Adani, however, ended up buying a small quantum of spectrum which he later traded with Bharti Airtel. While Ambani has been in the media space since 2014 with news channels such as CNBC-TV18, CNN-News18, and entertainment channels like Colors, Adani only recently followed in his footsteps. Adani's entry was facilitated when a close associate of Ambani sold out a firm to give him controlling stake in NDTV. (With Inputs From PTI)
Time of India
7 hours ago
- Automotive
- Time of India
Adani Total Gas, Jio-bp to offer each other's fuels at their pumps
NEW DELHI: Adani Total Gas Ltd (ATGL) and Jio-bp, the fuel retail brand of Reliance BP Mobility Ltd, on Wednesday entered into a partnership for offering their fuels in each other's refuelling stations in select areas. 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. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
The Hindu
8 hours ago
- Automotive
- The Hindu
Adani, Reliance units tie up to combine fuel retail network strength
Adani Total Gas Ltd. (ATGL) and Jio-bp, the operating brand of Reliance BP Mobility Ltd., have announced the signing of an agreement to for combining their strengths in auto fuel retail in India. Under this agreement, 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 authorised Geographical Areas (GA), thus enhancing the supply of high-quality fuels to transport consumers. ATGL, a joint venture of Adani and TotalEnergies is into city gas distribution (CGD) and provides natural gas to households, industries, commercial customers, and motorists. It also offers Compressed Biogas (CBG), EV Charging, and LNG for the transportation segment. Jio-bp, a joint venture between Reliance Industries Ltd. and bp, is into 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 & CEO, Adani Total Gas Ltd. The agreement covers both existing and future outlets of both parties. ATGL currently operates a network of 650 CNG stations, while Jio-bp has a network of 2000 outlets.
Business Upturn
11 hours ago
- Automotive
- Business Upturn
Adani Total Gas and Jio-bp partner to revolutionize auto fuel retail in India
By Aman Shukla Published on June 25, 2025, 13:48 IST In a major development for India's energy and mobility sector, Adani Total Gas Ltd. (ATGL) and Jio-bp (the mobility brand of Reliance BP Mobility Ltd.) have signed a strategic agreement aimed at transforming the auto fuel retail landscape across the country. Under the new partnership, select ATGL fuel stations will begin retailing Jio-bp's high-performance petrol and diesel, while ATGL's CNG dispensing units will be integrated into select Jio-bp outlets within ATGL's authorised Geographical Areas (GA). This unique synergy will expand access to a full spectrum of clean and efficient fuel options, improving service for millions of Indian motorists. ATGL, a joint venture between Adani Group and TotalEnergies, is one of India's largest city gas distribution (CGD) companies. It currently operates over 650 CNG stations, providing natural gas to households, commercial establishments, and the transport sector. The company also offers Compressed Biogas (CBG), EV charging, and LNG solutions. Jio-bp, a joint venture between Reliance Industries Limited and bp, has a robust network of over 2,000 retail outlets nationwide. The company focuses on fuel retailing, mobility solutions, and low-carbon alternatives, including EV infrastructure and advanced convenience formats. The agreement covers both existing and future stations, enhancing operational efficiencies and customer convenience. It's a strategic move that combines infrastructure, technology, and market reach to accelerate the adoption of cleaner, high-quality fuels in India. This collaboration marks a pivotal moment in the journey of both companies toward sustainable energy transition, offering consumers more choices and a superior fuel retail experience. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
&w=3840&q=100)
Business Standard
12 hours ago
- Automotive
- Business Standard
Adani Total Gas, Jio-bp tie up to offer petrol, diesel, CNG at fuel outlets
Adani Total Gas Ltd (ATGL) and Jio-bp, the joint venture between Reliance Industries and bp, have entered into a strategic agreement to transform the fuel retailing experience in India, Adani Total said in an exchange filing. The agreement is designed to provide consumers with a broader and more efficient range of auto fuel options by combining the strengths of both companies. As part of the partnership, selected ATGL fuel stations will begin offering Jio-bp's high-performance petrol and diesel. ATGL's CNG dispensing infrastructure will be set up at designated Jio-bp outlets, specifically within ATGL's authorised Geographical Areas (GAs). This cross-utilisation of assets aims to enhance fuel accessibility and convenience for transport consumers. ATGL, a joint venture between Adani Group and TotalEnergies, is a key player in India's city gas distribution sector. The company supplies piped natural gas to residential, commercial, and industrial customers and operates a network of around 650 CNG stations. ATGL's offerings also include Compressed Biogas (CBG), electric vehicle charging infrastructure, and liquefied natural gas (LNG) solutions for transport. Jio-bp is a prominent mobility solutions provider with a network of approximately 2,000 fuel retail outlets across India. The company focuses on high-quality fuels, low-carbon energy alternatives, and customer-centric retail experiences.
