Praj unveils India’s first integrated bio-refinery
PUNE, India -- Nitin Gadkari, India's Minister for Road Transport, Highways and Shipping, inaugurated Praj's cellulosic ethanol demonstration plant near Pune, India. It is India's first integrated bio-refinery.
The demonstration plant has the capacity to produce 1 MM liters of ethanol annually from a variety of biomass such as rice and wheat straw, cotton stalks, sugarcane trash, bagasse, corn cobs and stover.
Praj has invested close to $30 MM for the development of cellulosic ethanol technology over the period of last seven years from its internal accruals.
Praj has already signed MoUs with Indian Oil Corporation and Bharat Petroleum Corporation Ltd to be their technology partners for projects in India.
In the first phase, about 10 to 12 projects, based on second generation ethanol technology are being planned across the country, each with a capital outlay of approximately $100 MM and average capacity of 100,000 liters of ethanol per day.
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