Image Source : Reddit
Pasupati Acrylon Ltd has received a major boost to its ethanol operations with a fresh allocation and a high-value supply contract, reinforcing its diversification into biofuels.
Key highlights:
- The company has been allocated 9,798 kiloliters of ethanol for Q3 FY2024–25 under the government’s biofuel procurement program
- The estimated value of the contract stands at Rs 630 million, marking one of Pasupati’s largest ethanol deals to date
- Ethanol will be supplied from its newly commissioned 150 KLPD grain-based plant, which began commercial production in March 2025
- The allocation supports India’s ethanol blending targets and enhances Pasupati’s recurring revenue stream
- The company expects improved plant utilization and margin expansion from this order
Strategic context:
- This development follows earlier quarterly allocations totaling over 15,000 KL
- Pasupati continues to scale its renewable portfolio alongside its core acrylic fiber business
Sources: Moneycontrol, Screener.in, Pasupati Acrylon Ltd official disclosures, Economic Times, Zerodha Markets, Trendlyne
Advertisement
Advertisement