Ethanol maker BCL Industries to increase distillery capacity to 850 KLPD to meet increasing demand
The development assumes significance as it comes in the backdrop of the government's recent decision to hike the ethanol price twice to keep up with the momentum of meeting the 12 per cent blending target of ethanol with petrol for the 2022-23 ethanol supply year, ending November.
BCL Industries shares on Thursday gained over 2 per cent to touch the day's high at Rs 502.