MoneyWorks4Me

India Glycols bags Rs 1,164 crore orders for supply of 16.55 crore liters of ethanol

19 Dec 2023 Evaluate

India Glycols has been allocated quantities through tender(s) participation for supply of 16.55 crore liters of Ethanol with an estimated value aggregating to Rs 1,164 crore under Ethanol Blended Petrol Programme (EBPP) during Ethanol Supply Year from November 1, 2023 till October 31, 2024. The company received orders from oil marketing Companies for 12.80 crore liters of Ethanol and from oil companies for 3.75 crore liters of Ethanol.

India Glycols manufactures Industrial Chemicals such as green technology based bulk, specialty and performance chemicals and natural gums and industrial gases; Ethyl Alcohol (Potable) and nutraceuticals.


Peers
Company Name CMP
United Spirits 1422.15
United Breweries 1253.30
Radico Khaitan 4555.00
India Glycols 310.10
Allied Blenders&Dist 715.20
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