On June 25, 2025, Adani Total Gas Ltd. (ATGL) and Jio-bp (Reliance BP Mobility Ltd.) have signed an agreement to enhance the fuel retail experience across India. Under this partnership, some ATGL fuel outlets will offer Jio-bp’s high-performance petrol and diesel, while Jio-bp fuel stations will include ATGL’s CNG dispensing units, especially in areas authorised to ATGL.
ATGL is a major city gas distribution company, jointly owned by Adani and TotalEnergies, and supplies natural gas to homes, businesses, and vehicles. Jio-bp, a joint venture between Reliance Industries and bp, is well-known for fuel retailing and mobility solutions. This partnership helps both companies expand their fuel range and offer better customer experiences.
Executives from both firms expressed their commitment to this shared goal. “We aim to offer a complete range of fuels and improve services using each other’s strengths,” said Suresh Manglani, CEO of ATGL. Jio-bp Chairman Sarthak Behuria added that the move will enhance value for customers.
The agreement includes both current and upcoming fuel stations. ATGL runs around 650 CNG stations, while Jio-bp has a network of about 2,000 outlets. The collaboration aims to support the growing demand for clean and reliable fuel across India.
ATGL operates in 34 geographical areas (GAs) across 125 districts in India, distributing piped and compressed natural gas. Through joint ventures and subsidiaries, it also offers electric vehicle charging, biomass-based energy, and smart gas meters.
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As of June 25, 2025, Adani Total Gas share price is trading at ₹635.10 with a market capitalisation of ₹69,840 crore. The stock opened at ₹635.00 and touched a high of ₹640.75 and a low of ₹632.90 during the day. It has a high P/E ratio of 106.74 and offers a modest dividend yield of 0.039%, with a quarterly dividend payout of ₹0.062 per share. The company’s 52-week high stands at ₹941.90, while the 52-week low is ₹532.60.
This partnership between Adani Total Gas and Jio-BP is a significant step toward delivering cleaner, more efficient, and convenient fuel options to Indian consumers. By combining their networks and infrastructure, both companies are set to transform the country’s fuel retail landscape while supporting sustainability goals.
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Published on: Jun 25, 2025, 3:18 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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