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BCL Industries and its Subsidiary Secure Rs. 561 Cr. Ethanol Orders

BCL Industries Limited, along with its subsidiary Svaksha Distillery Limited, have secured orders collectively worth Rs. 561 crore for supplying ethanol to Oil Marketing Companies (OMCs). BCL Industries shared this information in its stock filing dated 4th December 2023.

As per BCL’s stock filing, the company will supply 2.48 crore liters of ethanol from November 2023 to January 2024, while an additional 2.48 crore liters will be supplied between February 2024 and April 2024. The company has won this order at an estimated cost of Rs. 339 crore.

Svaksha Distillery has secured an order worth Rs. 222 crore to supply 1.44 crore liters of ethanol to OMCs from November 2023 to January 2024. Further, Svaksha Distillery will begin supplying 1.80 crore liters of ethanol from February 2024 to April 2024.