Gulshan Polyols Secures ₹362.85 Crore Ethanol Supply Contract Under EBPP
Gulshan Polyols Limited has been awarded a contract to supply 55,476 kiloliters of ethanol under the Ethanol Blending Petrol Programme for the 2024-25 supply year. The contract, valued at ₹362.85 crore, was awarded by major Oil Marketing Companies including BPCL, IOCL, HPCL, and MRPL. This allocation positions Gulshan Polyols as a significant contributor to India's renewable energy initiatives and is expected to positively impact the company's revenue.
20Feb 25
Gulshan Polyols Secures Significant Ethanol Allocation for 2024-25, Boosting Order Book
Gulshan Polyols Limited has been allocated 21,220 kiloliters of ethanol for the Ethanol Supply Year 2024-25, valued at approximately ₹124.13 crore. This brings the company's total ethanol supply commitment for ESY 2024-25 to 182,242 kiloliters, with a cumulative order value of ₹1,253.18 crore. The allocation was made by major Oil Marketing Companies including BPCL, IOCL, HPCL, and MRPL for domestic supply of ethanol for blending with petrol.