Gulshan Polyols Limited (GPL) has been awarded a contract for supplying Rs. 571.50 crore Ethanol to OMCs after the closure of the first round.  

The Ethanol will be supplied from 500 KLPD plant at Borgaon and the order value is to the tune of 89,404 Kilolitres for supply to OMCs after the closure of the first round. The order is valid till 31st October, 2024.    

Gulshan Polyols Limited had participated in a tender (Ethanol tender No. 1000410082 (System ID 13795) floated by Oil Marketing Companies (OMCs) inviting various molasses and grain based distilleries for supplying Ethanol under EBPP during Ethanol Supply Year (ESY) till 31/10/2024 at their various locations across the country.

Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL) had floated tender for the supply of Ethanol.

Gulshan Polyols Ltd. is India’s leading manufacturer of ethanol/bio-fuel, grain and mineral based specialty products with three decades of experience. The business portfolio broadly spans across three main segments, viz. grain processing, bio-fuel/distillery and mineral processing operations that allow the company to produce specialty products such as starch and starch derivatives including sorbitol, calcium carbonate, ethanol (bio-fuel), country liquor, agro based animal feed.

GPL has accelerated its expansion plan in both existing and new geographies, emphasizing growth potential in the Indian bio-ethanol space. The theme is expanding potential, underpins the company's focus strategies and demonstrates its commitment to a sustainable tomorrow.