BCL Industries Limited , a prominent player in the renewable energy sector, has made significant strides in validating its commitment to sustainable power generation. The company recently announced the receipt of 50,077 International Renewable Energy Certificates (I-RECs) for its biomass power plant in Bathinda, Punjab.

Certification Details

The I-RECs were issued for renewable power generated from January to September 2025 at BCL Industries' 10 MW captive power plant. This certification comes under the globally recognized I-REC Standard, administered by Evident Ev Limited and facilitated in India through the International Carbon Exchange (ICX) Pvt Ltd, a subsidiary of IEX.

Power Plant Specifications

Environmental Impact

The I-REC certification validates that the electricity generated at BCL Industries' Bathinda facility is produced entirely from renewable and sustainable biomass sources. This initiative contributes to:

1. Reduced carbon emissions
2. Prevention of stubble burning
3. Alignment with India's clean energy and sustainability goals

Future Outlook

BCL Industries has confirmed that it will continue to receive I-REC certificates on a pro-rata basis for future renewable power generation. This ongoing certification process underscores the company's long-term commitment to sustainability and resource efficiency.

Corporate Statement

In an official communication to the stock exchanges, Ajeet Kumar Thakur, Company Secretary & Compliance Officer of BCL Industries Limited, stated, "This recognition underscores BCL Industries Limited's continued commitment to sustainability, resource efficiency, and circular economy practices by converting agricultural residue into green energy."

The company's initiative aligns with the broader national objectives of promoting clean energy and addressing the environmental challenges associated with agricultural waste management. By utilizing paddy straw as the primary fuel, BCL Industries is not only generating renewable energy but also providing a sustainable solution to the persistent problem of crop residue burning in the region.

This development is expected to enhance BCL Industries' standing in the renewable energy sector and may potentially open up new avenues for green energy trading and carbon credit opportunities in the future.

BCL Industries , a leading grain-based ethanol producer in India, has reported a robust 25% year-on-year increase in total revenue, reaching Rs 823.00 crores for the first quarter. The company's strategic focus on its high-margin distillery segment has driven this growth, with ethanol volumes rising 11% to 55,461 KL and Extra Neutral Alcohol (ENA) volumes up 37% to 7,960 KL.

Financial Highlights

• Consolidated EBITDA stood at Rs 56.00 crores, with the distillery segment contributing Rs 53.00 crores.
• Consolidated Profit After Tax (PAT) reached Rs 33.00 crores, marking a 32% increase year-on-year.
• The company's Indian Made Indian Liquor (IMIL) segment performed strongly, selling approximately 4.36 lakh cases in Q1.

Strategic Developments

Exit from Edible Oil Business

BCL Industries is executing a strategic exit from its low-margin edible oil operations. During Q2, the company shut down its oil mill, solvent, rice mills, vanaspati, and packaged oil segments. This move aligns with BCL's long-term vision to focus on higher-margin and scalable businesses.

Distillery Expansion

The company currently operates with a 700 KLPD installed capacity and is progressing with a 150 KLPD expansion in Bhatinda, expected to be commissioned by the end of the year. Additionally, BCL's wholly-owned subsidiary, Goyal Distillery, has secured regulatory clearances for a 250 KLPD ethanol plant.

Raw Material Sourcing

The resumption of FCI rice procurement at Rs 22.50 per kg has provided feedstock stability for the company's operations. BCL's units are capable of processing both rice and maize, optimizing operations and maintaining flexibility in raw material utilization.

Future Outlook

• BCL plans to enter the Indian Made Foreign Liquor (IMFL) market, diversifying its product portfolio.
• The company expects to complete the liquidation of its edible oil stock by Q3.
• Consolidated debt stands at approximately Rs 450.00 crores, reflecting a reduction due to the surrender of Rs 90.00 crores in working capital.

Management Commentary

Kushal Mittal, Joint Managing Director of BCL Industries, commented on the results: "Our focus remains firmly on leveraging our grain procurement and processing expertise to create sustainable margins and long-term shareholder value. We are confident about sustaining this growth trajectory, supported by our strategy to diversify the portfolio, improve raw material sourcing, and optimize costs."

BCL Industries continues to innovate and stay ahead of the competition, with initiatives such as paddy straw-based boilers, maize oil extraction, and biodiesel production. The company's ability to adapt to market changes and focus on efficiency positions it well for future growth in the evolving ethanol and distillery sectors.

As India's ethanol production reaches 1,800 crores annually, with 42% now supplied from maize, BCL Industries is well-positioned to capitalize on the government's strategic push for feedstock diversification and the E20 blending target. This aligns with national goals of enhancing energy security, reducing carbon emissions, and supporting the agricultural sector.

With its expanding capacity and focus on operational efficiency, BCL Industries aims to strengthen its market position and drive steady, long-term growth in the distillery and biofuel sectors.