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Gulshan Polyols accepts LoI issued by OMCs

Capital Market 

For supply of ethanol

Gulshan Polyols announced that the company has given its acceptance on letter of intent received by the company for purpose of signing of indigenous denatured anhydrous ethanol to oil marketing companies to meet ethanol requirements for 20% blending by year 2025 by setting up plant at Borgaon, Chhindwara, Madhya Pradesh by using corn/ maize and rice combination.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, December 07 2021. 18:42 IST