Pasupati Acrylon has secured an allocation to supply 50,745 kilolitres (5.0745 crore litres) of ethanol to three state-run oil marketing companies for Ethanol Supply Year (ESY) 2026–27. The company estimated the combined order value at ₹334 crore.
Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOCL) and Hindustan Petroleum Corporation (HPCL) awarded the allocation for denatured anhydrous ethanol under India’s Ethanol Blended Petrol Programme, Pasupati Acrylon said in its November 13 stock exchange filing. The company described the orders as routine and disclosed only a combined volume and value for the three buyers.
The allocation represents about 0.46% of the 1,099.23 crore litres awarded in the first round of ESY 2026–27 ethanol procurement. Pasupati Acrylon’s disclosure matches the volume identified in Bioenergy Business’s company-wise analysis of the Cycle 1 allocations.
Pasupati Acrylon’s ethanol plant expansion in Uttar Pradesh
The order follows Uttar Pradesh excise approval for Pasupati Acrylon to expand its Thakurdwara distillery in Moradabad district from 180 to 240 kilolitres per day. The ₹25 crore project aims to increase output from the existing plant. The company previously targeted completion by the end of December 2026.
