Bloomberg News

Reliance Industries Currently Operating 600 Retail Fuel Outlets

December 10, 2011

Dec. 10 (Bloomberg) -- Reliance Industries Ltd. will operate all 1,400 retail outlets only when fuel prices in India are liberalized, P. Raghavendran, president of the company’s refinery business, told reporters in New Delhi today.

Reliance is currently operating 600 of its outlets, he said.

To contact the reporter on this story: Rajesh Kumar Singh in New Delhi at rsingh133@bloomberg.net

To contact the editor responsible for this story: Chua Kong Ho at kchua6@bloomberg.net


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