NEW DELHI: State-owned fuel retailing firms have received an “overwhelming” response to the tender they floated for buying ethanol for mixing in petrol, a government statement said on Saturday.
“The first Expression of Interest (EOI) for signing long-term agreement with upcoming dedicated ethanol plants for supply of ethanol has received an overwhelming response, with 197 bidders participating in the same,” it said without giving details of the quantity ethanol manufacturers have committed to supply.