Jio-Bp launches E20 petrol with 20% ethanol

Jio-bp, the fuel and mobility joint venture between Reliance Industries Ltd and Britain’s bp, has launched petrol blended with 20% ethanol to align with government plans to reduce oil imports and carbon emissions.

The government is introducing gasoline blended with ethanol derived from sugarcane and broken rice and other grains to lower the country’s oil import costs and reduce carbon emissions while providing farmers with an additional source of income.

The fuel and mobility market in India is increasing. It is expected to be the fastest-growing fuel market in the world over the next 20 years.

Earlier this week, Prime Minister Narendra Modi launched the E20 fuel at India Energy Week in Bengaluru.

Reliance BP Mobility Limited (RBML), operating under the ‘Jio-bp’ brand, is a fuel and mobility joint venture between Reliance Industries Limited (RIL) and bp. The joint venture has 1,510 energy stations across the country.