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Globus Spirits wins order for supply of Ethanol

02 Dec 2021 Evaluate

Globus Spirits has won a tender floated by oil marketing companies (OMCs) for supplying 9.68 crore litre of Ethanol. The production will be done from the 3 manufacturing units at Bihar, West Bengal and Haryana. The unit located at West Bengal will initiate the supply once commercial production at the enhanced capacity commences.

The per unit rate of Ethanol made from Damaged Food Grains has been fixed at Rs 52.92 per litre with an increase of 2.65% from previous year, the rate for Ethanol made from Surplus Food Grains remains unchanged.

Globus Spirits is primarily engaged in the business of manufacturing and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol, Hand Sanitizer and Franchise Bottling.

Peers
Company Name CMP
United Spirits 1387.95
United Breweries 1215.80
Radico Khaitan 4393.95
India Glycols 249.05
Allied Blenders&Dist 652.80
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