Gulshan Polyols Limited has secured a contract valued at Rs 18.85 crore to supply 2,713 kiloliters of ethanol to oil marketing companies (OMCs)- Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL).
According to an exchange filing, Gulshan Polyols Limited stated, “Gulshan Polyols Limited has been allocated a quantity of 2713 Kiloliters of Ethanol having an estimated order value of Rs 18,85,66,000 for supply upto Q4 (ESY 23-24) i.e 31-10-2024 from its 60 KLPD Ethanol plant at Boregaon.”
In addition, Gulshan Polyols Limited recently announced the commencement of commercial operations at its 250 KLPD capacity grain-based ethanol plant in Goalpara, Assam.
The company is recognized as India’s leading manufacturer of ethanol/bio-fuel, grain, and mineral-based specialty products. Its business operations are broadly categorized into three segments: grain processing, bio-fuel/distillery, and mineral processing.
