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Reliance may set up LNG retail outlets, charging points for electric vehicles
Reliance Industries Ltd (RIL) is considering a plan to enter retailing of liquefied natural gas and setting up of charging stations for electric vehicles at its petrol pumps, two people aware of the plan said.
At the end of April 2017, RIL operated 1,221 of its 1,470 fuel retail outlets. The company plans to re-open the rest of the outlets by the end of the year. RIL holds licences for 5,000 fuel retail outlets.
“RIL imports LNG for use in its twin refineries at Jamnagar. However, after commissioning of its coke gasification, the company will not need it. It can probably divert that LNG for retail use,” said one of the two people cited above, requesting anonymity.
A spokesperson for RIL did not reply to an email sent on Thursday.