Gulshan Polyols awarded contract for supply of Rs. 42 crore worth of ethanol to OMCs
Gulshan Polyols Limited has secured a Rs. 42.40 crore contract to supply 6,000 kiloliters of ethanol to Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL) for Q4 of the Ethanol Supply Year (ESY) 2023-24. This supply will come from its 250 KLPD grain-based ethanol plant in Goalpara, Assam. The company was awarded the contract following a tender issued by the oil marketing companies under the Ethanol Blending Petroleum Program (EBPP) for ESY 2023-24.
Gulshan Polyols Limited has been awarded a contract worth approximately Rs. 42.40 crore for supplying 6,000 kiloliters of ethanol to oil marketing companies (OMCs)—Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL). This pertains to the supply for Q4 of Ethanol Supply Year (ESY) 2023-24 from its 250 KLPD grain-based ethanol plant in Goalpara, Assam.
According to an exchange filing, company said, “Gulshan Polyols Limited has been allocated a quantity of 6,000 Kiloliters of ethanol having an estimated order value of ₹42,40,86,000/- regarding supply for Q4 of (ESY 23-24) from its 250 KLPD Grain based Ethanol plant at Goalpara, District Assam.”
The company participated in a tender (Tender Ref. No. 1000410082 (C5), E-Tender No. 17316) issued by the OMCs under the EBPP for the ESY 2023-24.
Gulshan Polyols is India’s leading manufacturer of ethanol/bio-fuel, grain, and mineral-based specialty products. Its business portfolio broadly spans three main segments: grain processing, bio-fuel/distillery, and mineral processing operations.
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Source Link : https://www.chinimandi.com/gulshan-polyols-awarded-contract-for-supply-of-%e2%82%b942-crore-worth-of-ethanol-to-omcs/
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