Jio-BP to give monthly rent to dealers, slash diesel supply to 10%

Reliance Industries and BP-led fuel retail venture Jio-BP is working out a compensation plan for dealers wherein the company will support the dealers through a monthly rental scheme for the next four months, beginning 1 June, according to nearly half a dozen dealers ET spoke to.

Jio-BP operates 1,400 fuel retail outlets.

The company has also decided to slash diesel supply to 10% from the earlier 50%, the dealers said.

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