Modi Naturals unit to supply 7.82 crore litres of ethanol to OMCs; subsidiary’s capacity expanded to 600 KLPD
Modi Naturals secured ethanol supply orders worth approximately Rs 495 crore through subsidiary Modi Biotech for 7.82 crore litres during ESY 2026-27. The company also commenced commercial operations at its expanded Chhattisgarh grain-based plant, raising installed capacity to 600 KLPD to support growing ethanol demand.
Modi Naturals Ltd has secured ethanol supply orders worth approximately Rs 495 crore through its wholly owned subsidiary, Modi Biotech Private Limited, according to a press release with the National Stock Exchange.
In a regulatory filing dated November 12, the company said Modi Biotech had received allocations from various oil marketing companies (OMCs) for the supply of approximately 7.82 crore litres of ethanol during the Ethanol Supply Year (ESY) 2026-27, which runs from November 1, 2026 to October 31, 2027.
The orders have an estimated value of Rs 495 crore. The company also expects the manufacturing process to generate by-products that will be sold separately, providing an additional source of revenue.
The ethanol supply orders come alongside the completion of an expansion project at Modi Biotech’s grain-based plant in Chhattisgarh.
Separately, the company said Modi Biotech has also commenced commercial operations at its expanded grain-based ethanol plant in Chhattisgarh, increasing its installed capacity to 600 kilolitres per day (KLPD).
The expanded capacity comprises 282 KLPD of ethanol and an additional 318 KLPD of ethanol/rectified spirit (RS), according to the company’s separate regulatory disclosure.
Modi Naturals said the increased capacity is expected to support higher production volumes, improve operational efficiencies and strengthen its ability to tap opportunities in the growing ethanol sector. The expansion is also aligned with the Government of India’s Ethanol Blended Petrol (EBP) Programme.
The company disclosed that the ethanol supply orders were awarded by domestic OMCs. It also stated that neither the promoter group nor group companies had any interest in the entities awarding the orders.
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Source : ChiniMandi
