Green Fuel, Growing Order Book: Modi Naturals Lands Fresh ₹140-Crore Ethanol Allocation

NEW DELHI — Modi Naturals Limited announced on Monday, August 17, 2026, that its subsidiary, Modi Biotech Private Limited, has received an additional ethanol allocation valued at Rs 1.40 billion (Rs 140 crore) for Ethanol Supply Year (ESY) 2025-26. The contract involves supplying 1.98 crore liters (19.8 million liters) of biofuel to state-owned Oil Marketing Companies (OMCs) through October 2026.

This latest order expands the company's active supply obligations under the Ethanol Blending Petrol Programme (EBPP), building upon its pre-existing OMC contracts worth approximately Rs 400 crore for roughly 47,900 kiloliters (~47.9k KL). The allocation reinforces domestic biofuel manufacturing capacity as India works toward its nationwide renewable fuel blending mandates.

Strategic Allocation Under Ethanol Blending Programme

According to regulatory filings submitted to stock exchanges, Modi Biotech Private Limited will deliver the supplementary volume across designated OMC distribution networks nationwide. The order increases the total value of ethanol commitments secured by the subsidiary for ESY 2025-26 to over Rs 540 crore.

The allocation was granted under the federal framework governing biofuel procurement for state oil refiners, which coordinates supply schedules to maintain blending levels in retail motor fuels. All deliveries specified under the new Rs 1.40 billion order must be completed prior to November 2026.

Market Dynamics and Supply Operations

The addition of 1.98 crore liters of ethanol allocation demonstrates scaling production at Modi Biotech's processing facilities. By securing long-term offtake agreements with national energy distributors, the parent firm ensures continuous operational utilization across its manufacturing assets.

The regulatory disclosure was formally signed by Rajan Kumar Singh, Company Secretary and Compliance Officer of Modi Naturals Limited, and filed with Indian market regulators. The announcement aligns with federal initiatives aiming to lower crude oil import dependencies and expand agricultural feedstock processing capacities across domestic energy supply chains.

Official Sources Section

According to regulatory disclosures filed by Modi Naturals Limited under statutory compliance mandates, the details were submitted to BSE Limited and the National Stock Exchange of India Limited on August 17, 2026. Operational directives and supply terms operate under statutory guidelines managed by the Ministry of Petroleum and Natural Gas.

Quote Section

"According to officials from Modi Naturals Limited, the company's wholly owned subsidiary Modi Biotech Private Limited has received an additional allocation of 1.98 crore litres of ethanol valued at approximately Rs 140 crore for ESY 2025-26, with execution extending through October 2026."

Why It Matters

The additional ethanol allocation provides revenue visibility for Modi Naturals Limited while accelerating India's transition toward clean-burning transport fuels. For consumers and motorists, expanded ethanol blending reduces greenhouse gas emissions from conventional automobiles without requiring engine modifications. For agricultural suppliers and industrial processors, consistent OMC procurement creates sustained demand for distillation feedstocks.

Key Facts at a Glance

• Contract Value: Additional ethanol allocation worth Rs 1.40 billion (Rs 140 crore).

• Volume Allocated: 1.98 crore liters (19.8 million liters) to domestic OMCs.

• Execution Timeline: Deliveries scheduled through October 2026 for ESY 2025-26.

• Existing Portfolio: Complements existing orders of ~Rs 400 crore (~47.9k KL).

• Entity Involved: Modi Biotech Private Limited (wholly owned subsidiary).

Frequently Asked Questions

What new contract did Modi Naturals Limited receive?

Its subsidiary, Modi Biotech Private Limited, received an additional ethanol supply allocation worth Rs 1.40 billion for ESY 2025-26.

How much ethanol will Modi Biotech supply under this order?

The unit will supply 1.98 crore liters of ethanol to state-owned Oil Marketing Companies.

What is the delivery timeline for the new allocation?

All supplies under the Rs 140 crore order are scheduled for delivery by October 2026.

What is the total value of Modi Biotech's current ethanol orders?

Combined with its prior order of around Rs 400 crore, the subsidiary's total ethanol contracts for the period stand at approximately Rs 540 crore.

Source: Modi Naturals Limited Corporate Filing, BSE Limited, National Stock Exchange of India Limited.