OMCs receive more offers than requirement of ethanol supplies for Q4 of ESY 2024-25 in cycle 2
Oil Marketing Companies (OMCs) invited bids for 88 crore liters of Denatured Anhydrous Ethanol for Q4 of ESY 2024-25, with bids totaling nearly 100 crore liters. Of the offers, 26.77 crore liters are from sugarcane-based feedstocks, while 73.20 crore liters come from grain-based feedstocks. Previously, 837 crore liters were allocated out of the required 916 crore liters.
Recently, Oil Marketing Companies (OMCs) have invited bids for supply of around 88 crore litres of Denatured Anhydrous Ethanol for Q4 of ESY 2024-25 in cycle 2. The response exceeded the required quantity with around close to 100 crore liters of offers submitted by the manufacturers across the country.
As per the reports, out of total offers for 88 crore liters, around 26.77 crore liters is offered from sugarcane based feedstocks and 73.20 crore liters is offered from grain based feedstocks.
Figures below are in Kilo Litres
Previously, Oil Marketing Companies (OMCs) allocated around 837 crore liters of ethanol, against a requirement of 916 crore liters for ESY 2024-25, while the offered quantity was around 970 crore liters.
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Source : Chinimandi
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