Ambani-Adani partnership expands with joint fuel marketing deal – ET Auto

Adani Total Gas and Reliance BP Mobility have formed an alliance to offer their respective fuels at each other’s retail outlets, marking another collaborative venture between two of India’s prominent conglomerates, Adani and Reliance. Previously, Reliance Industries acquired a 26% stake in Adani Power’s subsidiary, Mahan Energy, for Rs 50 crore. The latest collaboration enables Adani Total Gas to sell Reliance BP‘s petrol and diesel at their stations, while Reliance BP will distribute Adani’s CNG at their outlets. This arrangement plugs gaps in both companies’ fuel distribution networks. PSU oil companies follow a similar practice in various cities, where CNG retailers have installed dispensing units at petrol pumps. Adani Total manages 650 CNG stations nationwide, while also offering compressed biogas, electric vehicle (EV) charging facilities and LNG for transportation. Reliance BP has a larger network of 2,000 retail outlets dispensing liquid fuel, complemented by EV charging services at select locations and convenience stores.