Praj Industries, a Pune-based global process solutions leader, has entered into a binding agreement for cost sharing with Indian Oil Corporation (IOCL) to set up one 2G bio-ethanol plant each at Panipat, Gujarat, Haryana and Dahej. These 2nd Generation (2G) bio-ethanol plants will have capacity to produce 100 kilo litres of ethanol per day.
This is a progress milestone as per MoU signed earlier this year wherein IOCL selected Praj as its technology partner for setting up multiple 2G bio-ethanol plants based on its indigenously developed technology.
Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes & water and waste water treatment systems.
Company Name | CMP |
---|---|
BHEL | 294.50 |
Bharat Electronics | 237.90 |
Thermax | 4961.50 |
Kirloskar Oil Eng | 1201.85 |
Praj Industries | 517.90 |
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