Pasupati Acrylon secures Rs 215 crore ethanol supply order from OMCs
Pasupati Acrylon received an order to supply 32,320 KL of ethanol worth Rs 215 crore to OMCs for the 2025-26 supply year under the Ethanol Blended Petrol Programme. Nationwide, OMCs allocated about 1,048 crore liters of ethanol. Maize forms the largest share, followed by FCI rice, sugarcane juice, and molasses-based feedstocks.
Pasupati Acrylon Limited has received an order to supply 32,320 kiloliters (KL) of ethanol worth Rs 215 crore to oil marketing companies (OMCs).
In an exchange filing, Pasupati said, “The company had participated in bids invited by Oil Marketing Companies (OMCs) for supply of Ethanol under Ethanol Blended Petrol Programme (EBPP) for Ethanol Supply Year (ESY 2025-26) and the Company has been allocated with quantities for supply of 32,320 kilolitres of Ethanol having an estimated combined order value of Rs. 215.00 Crore for ESY 2025-26.”
The OMCs have allocated around 1048 crore liters of ethanol against 1776 crore liters of offers submitted by manufacturers across the country for Ethanol Supply Year (ESY) 2025-26 – Cycle 1. OMCs had invited tenders for the supply of 1050 crore liters of ethanol for ESY 2025-26.
In the given allocation, maize holds the largest share at 45.68 percent (around 478.9 crore liters), followed by FCI rice at 22.25 percent (around 233.3 crore litres), sugarcane juice at 15.82 percent (around 165.9 crore liters), B Heavy Molasses at 10.54 percent (around 110.5 crore liters), damaged food grains at 4.54 percent (around 47.6 crore liters), and C Heavy Molasses at 1.16 percent (around 12.2 crore liters).
During the ongoing ESY 2024–25, OMCs have received a total of 904.84 crore litres of ethanol from November to September. The total contracted quantity was 1131.70 crore litres. Of this, 598.14 crore litres of ethanol have been sourced from grains, while sugar-based feedstocks have contributed 306.70 crore litres.
To Read more about Ethanol Industry & Bio Energy News, continue reading Agriinsite.com
