Jio-bp Hits 2,200 Outlets, Posts 29% Fuel Volume Growth as Reliance Pushes Energy Independence
At the RIL AGM, Mukesh Ambani framed energy security as a national imperative, anchoring the strategy in a 550,000-acre Kutch hub and integrated solar-wind-battery-hydrogen play. Jio-bp's retail network expanded to ~2,200 outlets with 29% volume growth, while O2C FY26 revenue rose 5.7% to Rs 6.62 lakh crore.
What happened
Reliance Industries · At RIL AGM, Mukesh Ambani outlined an integrated energy independence strategy across solar, wind, batteries, hydrogen, UCG and CBG. Jio-bp
Key facts
- 70% energy imports
- 550000 acres Kutch hub
- 40 billion units green electricity
- 55 MW solar modules/day
- 150 MWh battery containers/day
- FY26 O2C revenue Rs 6,62,401 crore up 5.7%
- EBITDA Rs 60,546 crore up 10.1%
- 2,200 Jio-bp outlets
- 29% fuel volume growth
Why this matters
Jio-bp's accelerating footprint and volume momentum tightens the window for partnership or co-location deals before the network hardens around captive solar-wind-hydrogen supply.