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Praj Industries concludes divestment of Netherland based BioCnergy

20 Oct 2014 Evaluate

Praj Industries has completed the process of divesting its subsidiary BioCnergy Europa B.V., Netherlands. It had last month acquired a further stake of 10% in its subsidiary Praj HiPurity Systems formerly known as Neela Systems for approximately Rs 20.40 crore.

Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes and water and wastewater treatment systems.

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