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Business News Today: Latest Business News, Finance News

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Repono bags 20-year energy storage contract in UP from Reliance
BL Mumbai Bureau · 2026-06-16 · via Business News Today: Latest Business News, Finance News

Repono Ltd, a leading operations and maintenance and third party logistics company in the petroleum and petrochemical sector, has signed a long-term agreement with Reliance Industries for a greenfield petrol, diesel and ethanol storage terminal in western Uttar Pradesh.

The 20-year contract under which Repono will undertake the complete lifecycle of a large-scale, greenfield, rail-fed Petroleum Oil terminal in western Uttar Pradesh.

Construction and development under the EPC phase will commence immediately, with the highly specialized greenfield asset scheduled to transition into full commercial operations within 36 months.

Repono will handle the entire Engineering, Procurement and Construction phase and subsequently assume complete responsibility for the Operations and Maintenance of the asset.

The project will be executed through Repono’s dedicated Special Purpose Vehicle, Repono Mathura Terminal, a step-down subsidiary of the company.

Repono will deliver total turnkey execution, including advanced civil, mechanical, piping, instrumentation and electrical engineering, procurement of premium-grade industrial assets and robust construction to meet world-class safety and environmental standards.

In the O&M phase, it will manage the long-term, daily terminal operations, automated receipt management, quality control, maintenance and seamless product dispatch over the 20-year tenure and beyond.

The proposed facility will be structured as a modern, rail-fed terminal engineered for the automated bulk receipt, storage and handling of Motor Spirit, High-Speed Diesel and Ethanol.

Designed to optimise logistics and regional energy security, the proposed terminal will operate as a multi-user facility catering to RIL while actively providing midstream capacity to other private and oublic sector oil marketing companies.

Once commissioned, the terminal will serve as a critical infrastructure node, directly feeding the rapidly expanding automotive sector and localised industrial zones across Western UP.

This landmark contract underscores Repono’s technical capabilities in delivering high-stakes energy infrastructure from the ground up.

Sankalp Bhattacherjee, Chairman, Repono said securing a 20-year, multi-crore contract with an industry leader like Reliance Industries is a watershed moment for the company.

“By developing a sustainable, multi-user rail terminal through the company’s Mathura SPV, we are bringing a faster, more economical, and eco-friendly energy supply chain to the doorstep of Uttar Pradesh’s automotive and industrial sectors,” he added.

Published on June 16, 2026