Oil Marketing Companies (OMCs) have invited bids for supply of around 88 crore litres of Denatured Anhydrous Ethanol for Q4 of ESY 2024-25.
The tender document mentions that bidders shall quote ethanol quantities in Kilo Liters (KL) to be supplied by them against the requirement of OMCs, feedstock wise – quarter wise for the period of 1st August 2025 to 31st October 2025 in this quantity bid. The validity of bids will be till 31-07-2025.
The bid submission closing date is 13th December 2024.
Quantity bids for the Q4 of ESY 2024-25 are being opened for registered bidders as per long term ethanol procurement policy.
The document states that the allocated quantities under this quantity bid shall be procured as per the prevailing rates of ethanol during ESY 24-25 (as declared by OMCs/Government of India).
“Ethanol produced from different feed stocks namely sugarcane juice, sugar, sugar syrup/B Heavy Molasses/C Heavy molasses/Damaged Food Grains/ Maize being procured by OMCs and same has been mentioned in quantity bid form. Bidders must offer their total quantity under the respective feedstock for the respective period. The total/combined quantity offered by the bidder for the ESY shall not exceed their total licensed production capacity,” the tender document reads.
Bidder can choose to quote quantities for supply of ethanol from one or more feed stock(s). Whereas Dedicated Ethanol Plants (DEPs) can quote only for the feed stock(s) mentioned in LTOA.
Previously Oil Marketing Companies (OMCs) have allocated around 837 crore litres of ethanol against 970 crore litres of offers submitted by manufacturers across the country for ESY 2024-25 – Cycle 1. OMCs had invited tenders for the supply of 916 crore litres of ethanol for ESY 2024-25.
For detailed information and further insights, please refer to Chinimandi.com, which provides news about the Ethanol Industry.
