Reliance-BP ink new fuel retail JV; to set up 5,500 petrol pump outlets in 5 years2 min read 06 Aug 2019, 05:29 PM IST
RIL to hold 51% stake, BP to hold 49% in new fuel retail JV, which also includes RIL’s aviation fuels business
JV to build on RIL’s current fuel network of 1,400 sites
New Delhi: Eight years after they partnered to produce hydrocarbons in India, Reliance Industries Ltd and British oil major BP Plc have come together again to open a nationwide network of fuel retailing outlets.
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