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Kotyark Industries Limited secures Rs 173.45 crore biodiesel supply contract from IOCL, BPCL, and HPCL

10-Aug-26 21:47 Hrs IST

Kotyark Industries Limited has received a contract award of Rs 173.45 Crore from Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) for the supply of biodiesel, as part of a tender with a total contract value of Rs 1,397.72 Crore, covering the period from June 2026 to August 2026. This allocation includes approximately Rs 15.41 Crore related to previously announced Letters of Intent from BPCL and HPCL, and the company will receive formal Letters of Intent and Purchase Orders from the respective Oil Marketing Companies (OMCs) in due course, with supply contingent on receiving subsequent Indent/Supply Orders.

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