Wednesday, 26 August 2015

Ethanol tender: Bids invited for 25.56 lakh KL; petrochemical companies can also participate

 The marketing trio of IOC, BPCL and HPCL have come out with a big tender for ethanol that is required by statute for blending with petrol as part of the government's drive to promote bio-fuels.
8In all, 26.56 lakh KL of ethanol will be bought. Of this, IOC will buy 12.51 lakh KL of ethanol, followed by BPCL and HPCL at around 7 lakh KL each.
8In addition to ethanol produced from molasses, ethanol produced from other non-food feed stocks besides molasses like cellulosic and lingo cellulosic materials and even ethanol made through the petrochemical route will be allowed subject to meeting the relevant BIS standards.
8Location wise procurement of ethanol has carried on our Reports section. 

For more details visit indianpetroplus.com

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