# Gulshan Polyols wins ethanol supply contract from Indian oil marketing companies

Gulshan Polyols Limited has been allocated a contract to supply 21,220 kiloliters of ethanol with an estimated order value of INR 1,241,370,000 to BPCL, IOCL, HPCL and MRPL for the Ethanol Supply Year 2024-25.

- Type: Contract
- Announced: 2025-02-20
- Where: India
- Value: $14.9M (1.24B INR)
- Status: completed
- Products: ethanol
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Gulshan Polyols Limited](https://endata.com/companies/80974.md)
- [Indian Oil Corporation](https://endata.com/companies/492.md) (customer)
- [Hindustan Petroleum Corporation](https://endata.com/companies/3632.md) (customer)
- [Mangalore Refinery and Petrochemicals](https://endata.com/companies/4509.md) (customer)
- [Bharat Petroleum Corp Ltd](https://endata.com/companies/34611.md) (customer)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/news/gulshan-polyols-zooms-10-after-winning-tender-floated-for-ethanol-supply-125022000423_1.html), 2025-02-20: "This is to inform you that the Gulshan Polyols Limited had participated in a tender ... and the Company has been allocated with a quantity of 21220 Kiloliters of Ethanol having an estimated order value of Rs 1,24,13,70,000/- for (ESY 24-25)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.