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Reliance to set up joint venture with BP for fuel retailing under Jio-BP brand

Updated : December 17, 2019 10:05 AM IST

The retail network will operate under the Jio-BP brand.
In the joint venture, RIL will hold 51 percent and BP will 49 percent stake.
Under the RIL-BP joint venture, they want to expand its fuel retailing network to 5,500 retail sites and 45 aviation fuel stations across India over the next five years.
Reliance to set up joint venture with BP for fuel retailing under Jio-BP brand

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