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Investor Presentaiton

14 . Growth Drivers With persistent efforts from the company along with the support of the State Government, the Central Government has approved and notified the National Policy on Biofuels-2018. The policy will greatly beneficial: • be Working of the Company as the market for Ethanol is tremendous Increase in capacity of utilization . Reduction in market expenditure • Assured supply of the end product Government of India, in the cabinet meeting, held on 12th September 2018, announced that the prices of B-Heavy (Ethanol made from damaged grains) would increase to INR 47.13 per litre effective from 1st December 2018 for the 329 Cr Litres of Ethanol tender floated by OMC's on 19th August' 2018. From the last year Dec' 17 till Nov'18, the price for ethanol shall remain at INR 40.85 per litre. Deficit to further increase with huge government push towards higher blending rate • . BCL Industries Limited (Formerly known as BCL Industries & Infrastructures Ltd.) Alcohol demand of 6.3 Bn litres expected to grow at 12%. Alcohol Demand 2018-19 (Bn Litres) Industrial 0.7 Potable, 2.2 Fuel Ethanol, 3.3 Alcohol Demand (Bn Litres) 15.4 8.5 4.2 3.3 0.9 10.7 0.8 2.3 2.8 3.7 4.8 2018-19 2021-22 2025-36 2029-30 In 2017-18 alcohol year OMCS secured bids for <50% of the ethanol requirements ■ Potable Industrial Fuel Ethanol Government keen on increasing ethanol blending rate to ~20% by 2030 (driven by current account deficit)
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