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Modi Biotech secures additional ethanol order worth INR 1.40 billion from OMCs

India | August 19, 2026
Federal Reserve Building

Modi Biotech Private Limited, a subsidiary of Modi Naturals Limited, has secured an additional allocation to supply 1.98 crore litres of ethanol valued at INR 1.40 billion to Indian Oil Marketing Companies for ESY 2025-26.

Modi Biotech Private Limited, a wholly owned subsidiary of Modi Naturals Limited, has received an additional allocation to supply 1.98 crore litres of ethanol estimated at a contract value of INR 1.40 billion to various state-owned Oil Marketing Companies under the Ethanol Blended Petrol Programme.

This allocation forms part of the Ethanol Supply Year 2025-26 framework, with all deliveries scheduled for completion by October 2026 across India. The new allocation builds directly upon Modi Biotech Private Limited's existing supply commitments of approximately 47.90 thousand kilolitres valued at around INR 4.00 billion, thereby elevating its overall operational ethanol pipeline with public sector oil refining and marketing enterprise clients to INR 5.40 billion.

Modi Naturals Limited is an established Indian consumer goods and bio-energy manufacturer specializing in edible oils and agro-processing derivatives. Its subsidiary, Modi Biotech Private Limited, operates modern grain-based distillery infrastructure focused on commercial bio-fuel manufacturing.

The procurement decision underlines India's continued momentum toward achieving designated national bio-fuel blending thresholds across petroleum distribution networks. Expanding supply orders directly incentivize dedicated agro-processing distillers to maintain maximum plant utilization rates and ensure consistent feedstock conversion into commercial-grade fuel ethanol.

By solidifying large-scale offtake agreements with primary domestic distribution partners, biofuel producers enhance long-term revenue predictability and strengthen operating cash flows. Securing additional multi-million volume allocations allows commercial ethanol vendors to capture higher operating margins while reinforcing competitive positioning within the expanding renewable energy supply sector.

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