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

By Lokmat English Desk | Published: October 27, 2021 04:04 PM2021-10-27T16:04:25+5:302021-10-27T16:04:25+5:30

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Businessman Mukesh Ambani's Reliance Industries and energy sector giant BP have launched their first petrol pump.

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.

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.

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.

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.

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.

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.

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.

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.