Biofuel Maker SME Company and Its Subsidiary Secured Rs 30 Crore Biodiesel Supply Order With OMCs

The tender was for the supply of Biodiesel, with a total bidding quantity of 200,000 KL.

Rajputana Biodiesel Limited announced on April 16, 2025, that they and their subsidiary, Nirvaanraj Energy Private Limited, have received Letters of Intent (LOIs) related to a tender floated by OMCs [Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL)]. The tender was for the supply of Biodiesel, with a total bidding quantity of 200,000 KL.

Rajputana Biodiesel Limited and its subsidiary have received Letters of Intent for the supply of Biodiesel for an aggregate quantity of 3,543 KL. The estimated order value for this supply is approximately Rs. 30 Crores. The supply period for this order is from April 2025 to July 2025. The announcement also mentions that Letters of Intent (LOIs) for remaining bid volumes of biodiesel supply are expected to be issued shortly. 

About Company

Founded in 2016, Rajputana Biodiesel Limited produces and supplies biofuels and their by-products - glycerine and fatty acids. Rajputana Biodiesel is engaged in manufacturing and supplying biofuels and their by-products, including biodiesel, glycerine, and fatty acids. Their production facility is located at G24 RIICO Industrial Area, Rajasthan, spread over 4,000 square meters. The shares of the company were listed on the stock exchange in December 2024, since then, it has given negative returns of 16 per cent.

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Disclaimer: The article is for informational purposes only and not investment advice.