Deals22 Oct 2025, 05:54 pm
Coastal Corporation Subsidiary Secures 56,521 Kiloliters Ethanol Supply Order Worth Approx. Rs. 361 Crores
AI Summary
Coastal Biotech Private Limited, a subsidiary of Coastal Corporation Limited, has been allocated a total quantity of 56,521 Kiloliters of Ethanol under the Ethanol Blended Petrol Programme (EBPP) for Ethanol Supply Year (ESY 25-26). The Company participated in tenders floated by Oil Marketing Companies (OMCs) and Reliance Jio BP, and has been allocated 45,441 Kiloliters and 11,080 Kiloliters of Ethanol respectively. The combined order value is approximately Rs. 361,73,44,000/- (Excl. GST) for ESY 25-26.
Key Highlights
- Coastal Biotech Private Limited secures a total of 56,521 Kiloliters of Ethanol supply order.
- The order is worth approximately Rs. 361,73,44,000/- (Excl. GST) for Ethanol Supply Year 2025-26.
- The Company has been allocated 45,441 Kiloliters of Ethanol by OMCs and 11,080 Kiloliters by Reliance Jio BP.
- This deal is part of the Ethanol Blended Petrol Programme (EBPP) for Ethanol Supply Year 2025-26.
- The total order quantity is one of the largest allocations for a single entity in the Ethanol supply market.