- Joint venture now operating at 30 airports in India, supporting the world’s third largest aviation market.
- Air bp adds 11 new locations in India to its network, and plans to add a further 19 locations in India.
The aviation business of the new joint venture of Reliance Industries Limited (RIL) and bp has now taken over refueling operations at 30 airports across India. These locations had previously been operated by RIL alone.
RIL and bp announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML), which operates under the Jio-bp brand, in July 2020. bp and RIL expect the venture to grow rapidly to help meet India’s fast-growing demands for energy and mobility, including for aviation fuel.
The international aviation fuel products and services supplier, Air bp has added 11 new locations in India to its international network as part of the joint venture between parent company bp and Reliance Industries Limited (RIL), and is working to add the remaining 19. Effective immediately, these 11 locations will serve Air bp’s commercial aviation, general aviation and military customers flying internationally.
Martin Thomsen, CEO, Air bp, commented: “India is a really exciting aviation market for Air bp, and the addition of these locations to our network offers our customers even greater choice when selecting a quality aviation fuel provider. We see the potential for tremendous growth in India over the coming years, and we look forward to working closely with this joint venture and welcoming our customers to their growing network.”
Harish C Mehta, CEO, Reliance BP Mobility Limited added: “With the advent of this joint venture, customers can now experience world-class service combined with the technology-enabled, secure and seamless aviation fuel supplies that bp and Reliance are known for. We are excited about the potential of this partnership for the Indian market and are looking forward to expanding our network footprint together and becoming an integral part of the Indian aviation growth story.”
The fast-growing Indian aviation fuel market is already the world’s third largest in terms of passenger traffic. The joint venture aims to increase its presence from 30 to 45 airports in India in the coming years.
Customers at these locations will benefit from the combination of both companies’ skills and experience, including Air bp’s international technical expertise providing assurance on product quality, training and operational and engineering standards. The joint venture will benefit from RIL’s strong supply position including product from Jamnagar, the largest refinery and petrochemical complex in the world.
Notes to editors:
About Air bp
As the aviation division of bp, Air bp is one of the world’s leading suppliers of aviation fuel products and services. It has been investing in the aviation industry for more than 90 years to keep people flying safely around the world. In 2019 we supplied over 6.7 billion gallons of aviation fuel, fuelling over 7,000 flights per day at over 800 locations in more than
55 countries – that’s more than five planes a minute.
Its customers include commercial airlines, the military, business and private aircraft owners, airports and airfield operators. Air bp has a wide range of services to support its fuel offer including the design, build and operation of fueling facilities, technical consultancy and training, low carbon solutions, the Sterling Card for efficient general aviation refueling and innovative digital platforms to increase efficiency and reduce risk.
bp in India:
With its many investments in India and employing around 7,500 people in the oil, gas and lubricants businesses, bp is one of the largest international energy companies in India. In addition to its gas value chain, retail, aviation fuels and mobility alliance with Reliance Industries Ltd, bp’s activities include Castrol lubricants; oil and gas trading; clean energy projects through investment in Lightsource bp; IT back office activities; a new global business services centre; staffing and training for bp’s global marine fleet; and the recruitment of skilled Indian employees for its global businesses. India Gas Solutions Private Limited, a 50:50 joint venture to source and market gas in India, is also part of bp’s gas value chain alliance with RIL.
About Reliance Industries Limited (RIL)
RIL is India’s largest private sector company, with a consolidated turnover of INR 659,205 crore ($87.1 billion), cash profit of INR 71,446 crore ($9.4 billion), and net profit of INR 39,880 crore ($5.3 billion) for the year ended March 31, 2020. RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services. RIL is the top-most ranked company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ – currently ranking 106th in terms of both revenues and profits. The company stands 71st in the ‘Forbes Global 2000’ rankings for 2019 – top-most among Indian companies. It ranks 10th among LinkedIn’s ‘The Best Companies to Work For In India’ (2019).
Further Information
Air bp:
Emerald Media, tel. +44 1420 560094 / liz.danner@emeraldmedia.co.uk