Kotyark Industries secures Rs 564 crore biodiesel order to OMCs

Kotyark Industries Limited has announced that it has been awarded a tender to supply 48,381 kilo-liters of biodiesel from October 2024 to September 2025. The company will deliver biodiesel to leading Oil Marketing Companies (OMCs) of India namely, IOCL, BPCL and HPCL. Kotyark Industries claims to be the only pure-play listed biodiesel company in India.

Sharing his thoughts on this achievement, Gaurang Shah, Chairman & Managing Director of Kotyark Industries, stated, ““We are thrilled to announce that Kotyark Industries has secured a significant order for 48,381 KL of Bioeiesel, with an estimated value of Rs 564 Cr. (approx) excluding GST and Transportation Charges. This achievement marks another operational milestone for our Company, following our recent tender win in FY25. The scale of this order not only provides us with strong revenue visibility for the remainder of FY25 but also sets a robust foundation for the start of FY26.”

Kotyark Industries emphasized that this achievement further solidifies its position as a leading player in India’s biodiesel sector. The company’s consistent ability to secure contracts from key OMCs reflects its product quality and operational reliability.

“These consecutive wins underscore our expanding market presence and signify a substantial increase in our operational scale,” said Gaurang Shah.

As Kotyark Industries continues its growth trajectory, Shah reaffirmed the company’s dedication to supporting India’s transition to biofuels and sustainable energy solutions.

“Our ongoing success in securing large-scale orders aligns perfectly with the nation’s goals for a greener future. We are proud to be at the forefront of this transformative journey and look forward to contributing further to India’s sustainable energy landscape,” said Shah.

This milestone reinforces Kotyark’s role in shaping a sustainable future while enhancing its operational capabilities in the evolving biodiesel market.