Adani Total Gas and Reliance BP Mobility have joined hands to distribute each other’s fuels at select retail outlets. Under the new partnership, Adani Total Gas will offer its compressed natural gas (CNG) at Reliance BP’s Jio-BP fuel stations, while Reliance BP will sell its petrol and diesel at Adani’s stations. This move helps both companies fill gaps in their fuel distribution networks and improve customer access.
CNG Dispensing at Jio-BP Stations
As per the agreement, Adani Total will install CNG dispensing units at Reliance BP outlets located in Adani’s authorised distribution areas. The integration will apply to current and future fuel stations of both companies. This model is similar to public sector oil companies in cities like Delhi, where petrol pumps often include CNG dispensing units to maximise fuel accessibility on limited land.
Nationwide Reach and Services
Adani Total Gas currently operates 650 CNG stations across India and also offers other clean energy services such as compressed biogas, electric vehicle (EV) charging, and liquefied natural gas (LNG) for transport. On the other hand, Reliance BP Mobility has a broader reach with around 2,000 outlets selling liquid fuel and EV charging points at select locations, along with convenience stores.
Growing Business Intersections
This alliance is the latest example of collaboration between the Adani and Reliance groups. In 2023, Reliance Industries (RIL) acquired a 26% stake in Adani Power’s Mahan Energy for ₹50 crore. This stake gave RIL access to 20 years of power supply, aligning with rules that require a minimum 26% stake for captive power users.
Rising Cross-Sector Competition
Both conglomerates have increasingly entered each other’s business territories. Reliance, led by Mukesh Ambani, is active in oil and gas, retail, telecom, and finance. Adani, headed by Gautam Adani, operates in sectors like ports, airports, cement, and clean energy.
In 2022, Adani’s entry into media through NDTV—acquired from a firm linked to Ambani—sparked direct competition with Reliance’s Network18. In petrochemicals, Adani is developing a large facility in Mundra, while RIL remains a dominant player in the sector.
Billionaire Rankings
Mukesh Ambani holds a net worth of $111 billion, ranking 16th globally on Forbes’ list. Gautam Adani, with $65 billion, ranks 25th. Despite their business rivalries, the two tycoons continue to explore strategic partnerships that benefit both groups.
