Adani Total Gas Limited has informed the Exchange regarding a press release dated Jun 25, 2025, titled "Adani Total Gas Limited and Jio-bp Partner to Enhance Quality Fuel Offerings".
ATGL · price
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Adani Total Gas (ATGL) and Jio-bp (Reliance BP Mobility) have signed an agreement to enhance fuel offerings at their respective outlets. Under the deal, select ATGL fuel outlets will sell Jio-bp's petrol and diesel, while select Jio-bp outlets will install ATGL's CNG dispensing units within ATGL's authorized geographical areas. The partnership covers both existing and future outlets of both companies. ATGL currently operates around 650 CNG stations, while Jio-bp runs a network of roughly 2,000 outlets. Both companies described the alliance as a step toward sustainable growth and improved customer experience.
This cross-selling alliance allows ATGL to tap into Jio-bp's much larger 2,000-outlet network to expand CNG reach without building new stations from scratch, while gaining petrol and diesel offerings. It is a positive strategic move that could drive footfall, volumes, and revenue growth for ATGL over time, though near-term financial impact is likely modest.