Mumbai: Jio-BP today announced the initial rollout of E20 petrol, becoming one of the first fuel retailers in India to make 20% Ethanol-blended petrol available to consumers.
E20 blending in petrol is being introduced in the country by the Government with the aim of reducing oil import costs, lowering carbon emission for better air quality and enhancing self-reliance.
It involves use of damaged food grains, increasing farmers’ incomes, employment generation, and greater investment opportunities.
The government has advanced the target of E20 fuel from the year 2030 to year 2025.
Jio-BP, which is a fuels and mobility joint venture between Reliance Industries Limited and BP, said customers with E20 petrol compatible vehicles will be able to opt for this fuel at select Jio-BP outlets.
The offering will soon be expanded across the network, it said in a statement.
India’s market for fuels and mobility is rapidly growing and is expected to be the fastest-growing fuels market in the world over the next 20 years.