BCL Industries Ltd receives orders worth Rs. 561 crores from OMCs for Ethanol supply

BCL Industries Limited alongwith its subsidiary Company (M/s. Svaksha Distillery Limited) had participated in a tender floated by Oil Marketing Companies (OMCs) inviting various molasses and grain based distilleries for supplying Ethanol during Ethanol Supply Year (ESY) commencing from 01/11/2023 till 31/10/2024 at their various locations across the country. The total order value is Rs. 561 crores.

BCL Industries Ltd has received order for supply of 2.48 KL during the period Nov 23 to Jan 24 and 2.48 KL during the period Feb 24 to April 24 which translates into 4.96 lac litres worth Rs. 339 crores.

Svaksha Distillery Limited has received order for supply of 1.44 KL during the period Nov 23 to Jan 24 and 1.80 KL during the period Feb 24 to April 24 which translates into 3.24 lac litres worth Rs. 222 crores.

In addition to above M/s. Svaksha Distillery Ltd. has also bagged an order to supply 0.1 Lac ltr of Ethanol to Reliance Industries Ltd. with an order value of INR 6.73 Cr.

Source : Equity Bulls

Keywords

BCLIndustries SvakshaDistillery OrderWin OMCs EthanolSupply