Vishwaraj Sugar Industries Limited (VSIL) recently signed an agreement with Oil Marketing Companies (OMCs) on June 26 to provide an extra 12 million liters of ethanol between June 2023 and November 2024. This additional quantity of ethanol is in addition to the 20 million liters already supplied by VSIL from December 2022 to May 2023.
VSIL has received purchase orders from major oil companies, including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOC), and Hindustan Petroleum Corporation Ltd (HPCL), for the additional ethanol supply. The supply of the additional ethanol has already commenced, ensuring a consistent flow of this crucial fuel ingredient.
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