Gulshan Polyols Limited bagged ethanol supply order from oil marketing companies (OMCs) and Nayara Energy for ethanol blended petrol (EBP).
Gulshan Polyols Limited had participated in a tender floated by OMCs inviting various molasses and grain-based distilleries for supplying Ethanol till 31/10/2023 at their various locations across the country.
After the closure of the Second round of offerings, Gulshan Polyols Limited has been allocated quantity, 22,209.2 Kilolitres of Ethanol, from its manufacturing unit at existing 60KLPD Boregaon Plant with an order value of INR 1.37 billion to be supplied to the Oil Marketing Companies (OMCs).
Further, the Company has also bagged an order to supply quantity, 9300 Kilolitres of Ethanol, from upcoming 500 KLPD Ethanol plant at Boregaon, to Nayara Energy Limited with an order value of INR 544 million. The supply of the order tentatively will start from April 2023 onwards.