Tuesday, October 23, 2018

BP and RIL to jointly operate petrol pumps in India

Image result for ril and bp

British oil major BP and RIL are planning to jointly set up as many as 2,000 petrol pumps in India over the next three years. The exact arrangement of the venture is being worked out and would be decided in a few months.

 Reliance is already independently runs 1,343 petrol pumps, BP received a licence to set up 3,500 fuel retail outlets in India in about 2 years ago.

RIL stock closed flat at Rs 1062 in today's trade.

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