Gulshan Polyols Limited has secured a contract valued at approximately ₹42.40 crore to supply 6,000 kiloliters of ethanol to oil marketing companies (OMCs)—Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL). This contract covers the supply for the fourth quarter of the Ethanol Supply Year (ESY) 2023-24 from its 250 KLPD grain-based ethanol plant located in Goalpara, Assam.
In an exchange filing, the company stated, “Gulshan Polyols Limited has been awarded a contract for the supply of 6,000 kiloliters of ethanol, with an estimated order value of ₹42,40,86,000 for Q4 of ESY 2023-24 from its 250 KLPD grain-based ethanol plant in Goalpara, Assam.”
The company participated in a tender (Tender Ref. No. 1000410082 (C5), E-Tender No. 17316) issued by the OMCs under the EBPP for ESY 2023-24.
Gulshan Polyols is a leading manufacturer in India of ethanol/bio-fuel, grain, and mineral-based specialty products. Its business portfolio encompasses three main segments: grain processing, bio-fuel/distillery operations, and mineral processing.
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