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.