Mumbai: Jio-bp, a fuels and mobility joint venture between Reliance Industries Limited and British Petroleum, has announced the initial rollout of E20 petrol, becoming one of the first fuel retailers in India to make the blended petrol available.
Customers with E20 petrol compatible vehicles will be able to opt for this fuel at select Jio-bp outlets, and the offering will soon be expanded across the network.
The E20 fuel is a 20% blend of ethanol and 80% of fossil-based fuel. E20 blending in petrol is being introduced in the country by the Centre with the aim to reduce the country’s oil import cost, energy security, lower carbon emission, better air quality, self-reliance, 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.
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