Adani, Reliance Tie Up to Sell Each Other’s Fuels at Select Outlets

In a move linking two of India’s largest corporate houses, Adani Group’s Adani Total Gas Ltd (ATGL) and Reliance Industries’ Reliance BP Mobility Limited (Jio-bp) have signed an agreement to offer each other’s fuels at select retail outlets.

Under the partnership, certain ATGL fuel stations will dispense Jio-bp’s petrol and diesel, while selected Jio-bp outlets will include ATGL’s CNG dispensing units, within authorised Geographical Areas (GAs).

ATGL currently operates around 650 CNG stations, while Jio-bp runs approximately 2,000 outlets. ATGL—a joint venture between Adani and TotalEnergies—is a leading city gas distribution (CGD) company in India, supplying natural gas to households, industries, commercial establishments, and motorists. It also offers Compressed Biogas (CBG), EV charging, and LNG for the transport sector. Jio-bp, a joint venture between Reliance Industries and bp, is active in fuel retailing, low-carbon alternatives, and modern convenience stores.

India’s fuel retail sector is still dominated by state-run oil marketing companies—HPCL, BPCL, and IOC—which operate nearly 90% of the country’s 97,000 fuel outlets.

“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 of Jio-bp.

Suresh P. Manglani, Executive Director and CEO of Adani Total Gas Ltd, said the companies share a vision to provide a full range of high-quality fuels at each other’s outlets.

“This partnership will enable us to leverage each other’s infrastructure, thus enhancing customer experience and offerings,” he added.

The agreement applies to both existing and future outlets of the two companies.

On June 25, shares of Adani Total Gas Ltd closed at ₹633.65, up ₹1.85 or 0.29%, while Reliance Industries Ltd ended the day at ₹1,467.25, rising ₹17.20 or 1.19%.

This marks the second major collaboration between the two groups, following Reliance Industries’ acquisition of a 26% stake in Mahan Energen (MEL), a subsidiary of Adani Power, in March this year.