Newly Established Ethanol Fuels Company Equity Stake For Sale in Jamshedpur, India
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Ethanol Fuels |
| Locations | Jamshedpur |
| Local Time | 2:28 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- This ethanol will be sold to OMCs (oil marketing companies) like Indian Oil.
- We have already signed a 5-year buyback agreement with IOCL for the ethanol.
- Company already has 3 acres of land near Jamshedpur for the construction of the plant.
- We have a DFO (Divisional Forest Officer) certificate, and a complete EIA (environmental impact assessment), and a certificate of incorporation.
- Environment clearance is pending and we have already applied for the petroleum and explosive license.
- The plant will produce 30 KL of ethanol daily and will have a fixed supply tender at a fixed rate with OMCs.
- Current daily ethanol demand by OMCs in Jharkhand is 17,000 KL.
- The investor will get equity in this company that owns the land and will own and operate the ethanol plant as well.
This ethanol will be sold to OMCs (oil marketing companies) like Indian Oil. These OMCs use ethanol for blending in petrol and diesel. Right now have 13% blended petrol, the government will soon launch 20% blended petrol and 5% blended diesel as well.
- There are no loans or debts in the name of the business.
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Earlier than 15 daysMD, Chemicals And Fertilizers Manufacturers And Traders, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysAssociate Director, Technology Services, Faridkot, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Manager, Steel Manufacturer, Bokaro Steel City, Individual Investor / Buyer connected with the Business