India’s Gulshan Polyols bags $14.90 mn ethanol order from OMCs
Gulshan Polyols Ltd (GPL) secured a ₹124.14 crore (~$14.90 million) contract to supply 21,220 KL ethanol under the Ethanol Blended Petrol Programme (EBPP) for ESY 2024-25. Awarded by OMCs including BPCL, IOCL, HPCL, and MRPL, the domestic order excludes related party transactions. This deal boosts GPL’s ethanol market presence, supporting India's ethanol blending strategy.
Gulshan Polyols Ltd (GPL) secured a ₹124.14 crore (~$14.90 million) contract to supply 21,220 KL ethanol under the Ethanol Blended Petrol Programme (EBPP) for ESY 2024-25.
Awarded by OMCs including BPCL, IOCL, HPCL, and MRPL, the domestic order excludes related party transactions.
This deal boosts GPL’s ethanol market presence, supporting India's ethanol blending strategy.
