Adani-Total JV to seek fuel retailing licence

MUMBAI: The Adani Gas and French energy major Total SA will soon seek government nod to open retail fuel stations in India, said the former’s chief executive officer, Suresh Manglani, on Wednesday.

“Definitely we will take full benefit of the expertise and strength of Total,” Manglani had told reporters on an earnings call, adding that the intent was to become a full-service operator providing a multi-fuel offering.

The joint venture, Total Adani Fuels Marketing Pvt Ltd, will shortly apply for a licence under the new liberal fuel retailing rules, Manglani said.

Read more

You may also like

Comments are closed.

More in Live Mint