Gulshan Polyols Limited, manufacturer of ethanol, biofuels, and specialty products, bagged a major ethanol supply contract worth approximately ₹1,184.86 crore. The order involves the supply of 1,75,652 kiloliters of ethanol to India’s top oil marketing companies (OMCs), including Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Mangalore Refinery and Petrochemicals Limited (MRPL).
Allocation Details and Tender Participation
Gulshan Polyols participated in the Ethanol Blended Petrol Programme (EBPP) tender for Ethanol Supply Year (ESY) 2025–26, referenced as Tender No. 1000423858 (C1) / E-Tender No. 17893. The company was allocated 1,75,652 kiloliters of ethanol with an estimated order value of ₹1,184.86 crore, supplying multiple OMC locations across India.
OMCs invited tenders to supply 1,050 crore liters of ethanol under ESY 2025–26. Manufacturers offered 1,776 crore liters, and OMCs allocated about 1,048 crore liters, demonstrating a competitive bidding environment.
Feedstock Composition
The ethanol allocation for ESY 2025–26 reflects a diverse feedstock mix:
*Maize: 45.68% (~478.9 crore liters)
*FCI Rice: 22.25% (~233.3 crore liters)
*Sugarcane Juice: 15.82% (~165.9 crore liters)
*B Heavy Molasses: 10.54% (~110.5 crore liters)
*Damaged Food Grains: 4.54% (~47.6 crore liters)
*C Heavy Molasses: 1.16% (~12.2 crore liters)
The allocation ensures that both grain-based and sugar-based feedstocks contribute significantly to India’s ethanol supply.
Performance in Previous Supply Year
As reported by agriinsite.com, during the ongoing ESY 2024–25, OMCs received a total of 904.84 crore liters of ethanol from November to September, against a contracted quantity of 1,131.70 crore liters. Of this total, 598.14 crore liters were sourced from grains, while 306.70 crore liters came from sugar-based feedstocks, highlighting the importance of diversified raw materials in India’s ethanol program.
