OMCs float tender to supply 8.25 billion litres of ethanol in FY24

Oil Marketing Companies (OMCs) have floated tenders for the supply of 8.25 billion litres of ethanol from all sources for the FY24 supply year that will start from November 1, which is required to meet the 15 per cent blending target for the period.

The bid document was floated a few days back, and the validity of the bids was till July 31, 2024.

“Ethanol produced from different feed stocks, namely Sugar Cane Juice, Sugar, Sugar Syrup/B Heavy Molasses/ C Heavy molasses /Damaged Food Grains/Maize/ Surplus Rice sourced from FCI, is being procured by OMCs and the same has been mentioned in