Deals23 Oct 2024, 06:24 pm
BCL Industries Secures 17% Higher Ethanol Supply Order for ESY 24-25
AI Summary
BCL Industries Ltd., along with its subsidiary M/s. Svaksha Distillery Limited, has been allocated 18.25 Cr. litres of Ethanol for Ethanol Supply Year (ESY) 24-25 by Oil Marketing Companies (OMCs) under EBPP. This is a 17% increase from the previous allocation of 16.94 Cr. litres for ESY 23-24. The increase is attributed to the additional 100 KLPD capacity addition at M/s. Svaksha Distillery Limited during financial year 2023-24.
Key Highlights
- BCL Industries and M/s. Svaksha Distillery Limited secured a 17% higher ethanol supply order for ESY 24-25.
- The allocation is 18.25 Cr. litres, up from 16.94 Cr. litres in the previous year.
- The increase is attributed to a 100 KLPD capacity addition at M/s. Svaksha Distillery Limited during financial year 2023-24.
- The supply order is from Oil Marketing Companies (OMCs) under EBPP.
- This is a general business update to all stakeholders and the public.