Shell-MRPL and Reliance-BP jet fuel sales jumped in April

29 May 2024 CW Team

Due in large part to their increased supply network and effective client marketing, private companies now account for a tenth of India's aviation turbine fuel (ATF) industry. Industry data shows that the two private sector joint ventures, Reliance-BP and Shell-MRPL, have achieved remarkable progress in the last year, increasing their combined market share in the ATF market from 6.3% in April of last year to 10.3% in April of this year.

In April 2022, their combined stake was 6.5%. An 84% year-over-year rise in their sales volume in April has been the primary driver of their market share increases. The sales increase for state-run ATF providers, who have controlled the market from the start, was 8.3% in April, which was less than the 13% industry average. This contributed to the state-run businesses' ATF share contracting to 89.7% from 93.7%.

Due in large part to their increased supply network and effective client marketing, private companies now account for a tenth of India's aviation turbine fuel (ATF) industry. Industry data shows that the two private sector joint ventures, Reliance-BP and Shell-MRPL, have achieved remarkable progress in the last year, increasing their combined market share in the ATF market from 6.3% in April of last year to 10.3% in April of this year.

In April 2022, their combined stake was 6.5%. An 84% year-over-year rise in their sales volume in April has been the primary driver of their market share increases. The sales increase for state-run ATF providers, who have controlled the market from the start, was 8.3% in April, which was less than the 13% industry average. This contributed to the state-run businesses' ATF share contracting.

Real Estate

29 Jun 2026

Omaxe to Invest Rs 62 Billion in Hospitality Expansion

Omaxe has announced the launch of a dedicated hospitality business vertical with plans to develop 19 hotels across five states over the next four to five years as part of its strategy to strengthen recurring revenues and expand its integrated development ecosystem.The real estate developer proposes to invest approximately Rs 62 billion, subject to regulatory approvals and market conditions, to develop nearly 5 million sq ft of hospitality assets across high-growth urban centres, pilgrimage destinations and transit corridors.The proposed portfolio will be integrated with Omaxe's existing townsh..

Third Railway Line Between Tatanagar And Adityapur Likely By September

The third railway line between Tatanagar and Adityapur is expected to be commissioned by September as work on the corridor advances, according to railway sources. The project to add a fourth line on the busy route is progressing and has been allocated Rs 50.89 billion (bn) in funding. The allocation underscores the focus on increasing capacity and easing congestion on the corridor. Relevant timetables are being adjusted to integrate the new capacity into regular operations. Construction activity has involved track laying, formation work and signalling upgrades along strategic stretches, with m..

Indian Railways Approves Rs 2.7 bn Kavach Rollout in Odisha

Indian Railways has approved a Rs 2.7 billion (Rs 2.7 bn) plan to install the Kavach train collision avoidance system on 631 route kilometres in the East Coast Railway zone. The Ministry of Railways said the work will form part of a wider Kavach deployment programme that relies on an LTE based communication backbone rather than a standalone installation. The approval marks the latest stage in the steady expansion of the indigenous safety technology across the national network. The decision aims to enhance safety and reliability on corridors serving Odisha and adjoining areas. The project will ..