Business Update5 Aug 2026, 02:14 pm
Kotyark Industries Secures ₹15.41 Cr Biodiesel Supply Orders
AI Summary
Kotyark Industries Ltd has received Letters of Intent (LOIs) from Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) for the supply of Biodiesel. The company will supply 1,287 KL of Biodiesel to BPCL for approximately ₹11.93 Crores and 375 KL to HPCL for approximately ₹3.48 Crores. The total aggregate quantity is 1,662 KL with a total deliverable value of approximately ₹15.41 Crores. The supply period is from June 2026 to August 2026. This order follows a Joint Expression of Interest and indicates a streamlined tender process by the Oil Marketing Companies (OMCs).
Key Highlights
- Received LOIs from BPCL and HPCL for Biodiesel supply.
- Aggregate order value stands at approximately ₹15.41 Crores.
- Total supply quantity is 1,662 KL for June-August 2026.
- Order secured through a competitive Joint Expression of Interest process.
- Strengthens business association with major Oil Marketing Companies.
Price Impact
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