OMCs to procure over 335 crore litres of ethanol from upcoming plants across eight States and two Union Territories
New Delhi: State-run oil marketing companies (OMCs) are set to procure more than 335 crore litres of ethanol from upcoming biofuel manufacturing facilities across eight States and two Union Territories.
OMCs has issued an expression of interest (EoI) to invite bidders for long-term off-take agreements with dedicated ethanol plants (DEP) in Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Gujarat, Rajasthan, Goa, and Odisha, as well as Union Territories of Jammu & Kashmir and Ladakh.
Under the off-take agreement, the OMCs will collectively procure 335.68 crore litres of denatured anhydrous ethanol annually from plants that are expected to commence commercial operations within two years from the agreement signing date. The latest details, issued on March 5, are in continuation of the requirement for ethanol provided by the OMCs on February 9, under which the refiners had set requirements to procure 86.94 crore litres of ethanol from upcoming DEPs.
According to the latest EoI, Rajasthan is slated to supply the highest annual volume of ethanol at 87.22 crore litres, followed by Tamil Nadu (55.79 crore litres), Gujarat (48.99 crore litres), Andhra Pradesh (45.37 crore litres), Odisha (34.75 crore litres), Telangana (32.41 crore litres), Kerala (16.50 crore litres), Goa (7 crore litres), and collectively from J&K and Ladakh (9.65 crore litres).
Source Link: https://www.chinimandi.com/omcs-to-procure-over-335-crore-litres-of-ethanol-from-upcoming-plants-across-eight-states-and-two-union-territories/
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