New Launch19 Feb 2025, 11:34 pm
India Glycols Ltd. Allocated 18.06 Crore Liters of Ethanol for Supply Under Ethanol Blended Petrol Programme
AI Summary
India Glycols Ltd. has been allocated 18.06 crore liters of ethanol with an estimated value of Rs. 1,264.20 Crores under the Ethanol Blended Petrol Programme ('EBPP') for the Ethanol Supply Year from 1st November, 2024 to 31st October, 2025. The allocation is from Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), Reliance Industries Ltd., and Nayara Energy Limited. The ethanol will be produced from Damaged Food Grains ('DFG') and Surplus FCI Rice at the company's plants in Kashipur and Gorakhpur.
Key Highlights
- India Glycols Ltd. has been allocated 18.06 crore liters of ethanol for supply under the EBPP.
- The allocation is from BPCL, IOCL, HPCL, Reliance Industries Ltd., and Nayara Energy Limited.
- The ethanol will be produced from Damaged Food Grains ('DFG') and Surplus FCI Rice at the company's plants in Kashipur and Gorakhpur.
- The estimated value of the allocation is Rs. 1,264.20 Crores.
- The supply period is from 1st November, 2024 to 31st October, 2025.