Jio-BP To Expand Its Retail Network, EV Charging Infra

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(FE)

Jio-bp, a joint venture between Reliance Industries and global energy major bp, aims to expand its retail infrastructure while enhancing customer experience to strengthen its presence in the downstream market.

The company aims at expanding its electric vehicle charging stations to 100,000 in the next 10-12 years in line with the government’s push to support EV charging infrastructure across the country to help the country realize its net zero targets, an official source told FE. In addition, Jio-bp also plans to set up 1,000 retail outlets to sell compressed biogas produced by CBG plants set up by Reliance.

The company has been the first to deploy 480 kW chargers at NMACC Mumbai, the fastest in the country and presently 95% of its charging stations have at least one fast charger, the source said. Last year, the company also partnered with Piramal Realty to provide EV charging solutions across all Piramal’s residential projects in the Mumbai Metropolitan Region.

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