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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.

Praj Industries Share Price

403.05 -0.35 (-0.09%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 404.65
Thermax 4681.15
Kirloskar Oil Eng 1727.60
Skipper 466.10
GMM Pfaudler 894.95
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