Trualt Bioenergy wins ₹1,075 cr ethanol supply ruling
after close1 source ↓written by the desknot a recommendation
- valued at approximately
- ₹1,075 cr
The Karnataka High Court ruled in favor of Trualt Bioenergy, allowing a writ petition regarding a shortfall of 1,56,292 KL of ethanol. This ruling pertains to allocations for Q3 and Q4 of the Ethanol Supply Year 2024-25, valued at approximately ₹1,075 cr. The court instructed key Oil Marketing Companies to consider Trualt's representation, potentially boosting its revenue significantly. 🚀
• Writ of mandamus issued to OMCs
• Significant revenue potential for Trualt
• Implications for ethanol supply chain
Not investment advice. For informational purposes only.