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Mukesh Ambani and energy sector giant BP have launched their first Petrol Pump.

By Lokmat English Desk | Updated: October 27, 2021 16:04 IST

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Businessman Mukesh Ambani's Reliance Industries and energy sector giant BP have launched their first petrol pump.
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Reliance BP Mobility (RBML) petrol pump was started at Navade, Navi Mumbai. At these petrol pumps, customers will also have access to other fuel options including electric vehicle charging stations.
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In 2019, BP had bought a 49 percent stake in 1,400 petrol pumps and 31 aviation fuel (ATF) stations owned by Reliance. Reliance's existing petrol pumps have been transferred to the joint venture.
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The joint venture plans to increase the number of petrol pumps to 5,500 by 2025. Reliance holds the remaining 51 percent stake in RBML.
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The country's automotive fuel retail sector is dominated by public sector petroleum companies. Most of the 78,751 petrol pumps in the country are owned by public sector companies.
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RBML has 1,427 outlets, while Rosneft-supported Naira Energy has 6,250 petrol pumps. Shell has 285 petrol pumps. The existing network of 1,400 petrol pumps will be rebranded as Geo-BP.
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Apart from refueling and charging electric vehicles, other facilities will also be provided at this place. The company, along with Castrol, will also offer oil replacement facilities at the site.
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In addition, the company will provide 24-hour food service to customers through Wild Bean Cafe. Here customers can enjoy tea, coffee, and other food items.
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Geo BP will also offer its customers instant discounts, a Happy Hour Scheme, Flexible, and Uniform Digital Payments. Geo BP Mobility Stations are designed to meet the growing demand for fuel and mobility.
Tags: Mukesh Ambani
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