Coastal Corp Subsidiary Gets Ethanol Supply Allocation

Coastal Biotech Private Limited, a wholly owned subsidiary of Coastal Corporation Limited, has received an incremental allocation of 4,310 Kilo Litres (KL) of Ethanol for supply to Oil Marketing Companies (OMCs) under the Ethanol Blended Petrol Programme (EBPP). This allocation is for the 4th quarter of the Ethanol Supply Year (ESY) 2025-26. The subsidiary will supply the ethanol to OMCs including BPCL, IOCL, and HPCL at various locations across the country. This development is expected to bolster the company's revenue streams in the renewable energy sector.