Jio-bp introduces E20 blended petrol
15 Feb 2023
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Jio-bp, a fuels and mobility joint venture between Reliance Industries Ltd (RIL) and BP, on Wednesday (8 February) announced the initial rollout of E20 petrol, which is in line with the roadmap set by the government. Jio-bp has become one of the first fuel retailers in India to make E20 blended petrol available in the country.
Customers with E20 petrol compatible vehicles will be able to opt for this fuel at select Jio-bp outlets, and the company plans to offer the fuel across the network soon.
The E20 fuel is a blend of 20 per cent ethanol and 80 per cent fossil-based fuel. Government of India introduced E20 blending in petrol in the country with the aim of reducing the country’s oil import cost, achieving energy security, lowering carbon emission, improving air quality, self-reliance, making use of damaged food grains, increasing farmers' incomes, employment generation, and greater investment opportunities.
Further, the government has advanced the target of E20 fuel from 2030 to 2025.
India's market for fuels and mobility is rapidly growing. It is expected to be the fastest growing fuels market in the world over the next 20 years. Jio-bp Mobility Stations are designed to help meet this growing demand and are ideally located to suit customer convenience. They bring together a range of services for consumers on the move – including blended fuels, EV charging, refreshments and food, and plan to offer more low carbon solutions over time.
The Jio-bp joint venture hopes to become a leader in fuels and mobility by leveraging Reliance’s vast presence and deep experience in consumer businesses across India, and BP’s extensive global experience in high-quality differentiated fuels, lubricants, convenience and advanced low carbon mobility solutions.
