Indian Oil chooses Praj to supply three 2G ethanol plants

In India, Indian Oil Corporation Limited (Indian Oil), has selected Praj as its technology partner for setting up multiple 2nd Generation bio-ethanol plants based on indigenously developed technology. Indian Oil will be setting up three such 2G bio-ethanol plants.

In order to enhance ethanol availability in the country for blending with petrol, Indian Oil is developing 2G ethanol production infrastructure using ligno-cellulosic biomasses as feedstock.

Speaking about the collaboration, Pramod Chaudhari, Executive Chairman, Praj Industries Ltd., said, “It is a great honor for us to be chosen by Indian Oil to become their technology partner in multiple 2G bio-ethanol projects in India. We have prepared ourselves to execute 2G ethanol projects over INR30 billion in two-three years.”

He further added that, “Praj is offering end-to-end 2G ‘Smart Bio-refinery’ solutions globally. Our ‘Smart Bio-refinery’ is capable of producing bio-ethanol and other co-products such as bio-CNG, power and a variety of biochemicals”.