ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Reliance Pursues Access to PSU Oil Facilities
ECONOMY & POLICY

Reliance Pursues Access to PSU Oil Facilities

It delves into Reliance Industries' pursuit of access to the aviation turbine fuel (ATF) pipelines and storage facilities owned by public sector oil companies. This move by Reliance signifies its strategic interest in expanding its presence in the aviation fuel market, which is poised for growth as air travel continues to rebound post-pandemic.

Reliance's request for access to ATF infrastructure owned by PSU (Public Sector Undertaking) oil firms aligns with its broader strategy of diversifying its energy portfolio and capturing a larger share of the aviation fuel market. By leveraging existing infrastructure, Reliance aims to enhance its operational efficiency and cost-effectiveness in supplying ATF to airports across the country.

The article sheds light on the potential implications of Reliance's access to PSU oil facilities, including increased competition in the aviation fuel segment and potential benefits for airlines and consumers in terms of pricing and supply reliability. Furthermore, it underscores the importance of collaboration between public and private sector entities in driving innovation and efficiency in the oil and gas sector.

It delves into Reliance Industries' pursuit of access to the aviation turbine fuel (ATF) pipelines and storage facilities owned by public sector oil companies. This move by Reliance signifies its strategic interest in expanding its presence in the aviation fuel market, which is poised for growth as air travel continues to rebound post-pandemic. Reliance's request for access to ATF infrastructure owned by PSU (Public Sector Undertaking) oil firms aligns with its broader strategy of diversifying its energy portfolio and capturing a larger share of the aviation fuel market. By leveraging existing infrastructure, Reliance aims to enhance its operational efficiency and cost-effectiveness in supplying ATF to airports across the country. The article sheds light on the potential implications of Reliance's access to PSU oil facilities, including increased competition in the aviation fuel segment and potential benefits for airlines and consumers in terms of pricing and supply reliability. Furthermore, it underscores the importance of collaboration between public and private sector entities in driving innovation and efficiency in the oil and gas sector.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement