Intimation Regarding signing of MOU with the Government of Assam regarding production Linked Incentive("PLI")
GULPOLY · price
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Gulshan Polyols has signed an MoU with the Government of Assam on May 18, 2025, in the presence of the Chief Minister, to avail a Production Linked Incentive of Rs. 2 per litre of bio-ethanol produced. The company expects to receive around Rs. 50 Crores in benefits over the next three years under this PLI scheme. This is in addition to the incentives it already gets under the Assam Ethanol Production Promotion Policy, 2021. The company says this will improve operational efficiency, support production growth, and boost overall performance.
Positive for shareholders — an estimated Rs. 50 Crore incentive over three years will add to the company's earnings from bio-ethanol production and may support margins and growth in the ethanol segment.