Gulshan Polyols Ltd (GPL) secured a ₹124.14 crore (~$14.90 million) contract to supply 21,220 KL ethanol under the Ethanol Blended Petrol Programme (EBPP) for ESY 2024-25.
Awarded by OMCs including BPCL, IOCL, HPCL, and MRPL, the domestic order excludes related party transactions.
This deal boosts GPL’s ethanol market presence, supporting India’s ethanol blending strategy.