Gulshan Polyols Limited participated in a tender floated by Oil Marketing Companies inviting various molasses and grain based distilleries for supplying Ethanol to various locations across the country.
After the closure of the Second round of offerings, Gulshan Polyols Limited was allocated a quantity of 22209.2 Kilolitres of Ethanol, from its manufacturing unit at existing 60KLPD Boregaon Plant with an order value of INR 1,37,18,40,356 to be supplied to the Oil Marketing Companies.
The Company has also bagged an order to supply quantity, 9300 Kilolitres of Ethanol, from upcoming 500 KLPD Ethanol plant at Boregaon (supply tentatively will starts from April 2023 onwards), to Nayara Energy Limited with an order value of INR 54,40,50,000.