🌱 Praj Industries Joins Paraguay’s Biofuel Party – Ethanol, SAF, and a Desi Tech Takeover?

🌱 Praj Industries Joins Paraguay’s Biofuel Party – Ethanol, SAF, and a Desi Tech Takeover?

📌 At a Glance:
Praj Industries has bagged a major bio-refinery project in Paraguay with Enersur S.A., producing ethanol, SAF, corn oil, DDGS, and biogas. This deal is part of India’s clean tech diplomacy — with even Paraguay’s President attending the MoU event.


🌍 About the Company

  • HQ: Pune, India
  • Founded: 1985
  • Listed on: NSE & BSE
  • Specializes in: Industrial biotech for clean energy, ethanol, sustainable aviation fuel (SAF), and circular economy tech
  • IP: Owns Bio-Mobility® & Bio-Prism® platforms
  • Presence: 1000+ clients across 100+ countries, especially strong in Americas

🔁 The Paraguay Deal – What’s Brewing?

  • Partner: Enersur S.A., a top Paraguayan renewable firm
  • Location: Canindeyú, Paraguay
  • Plant Capacity: 600 m³/day of Anhydrous Ethanol
  • Feedstock: Corn
  • Expected Commissioning: Oct 2026
  • Output Includes:
    • Ethanol
    • Corn oil
    • DDGS (Distillers Dried Grains with Solubles)
    • Biogas
    • Bio-bitumen
    • SAF (Sustainable Aviation Fuel)

🇮🇳🤝🇵🇾 State-Level Diplomacy?

  • Paraguayan President Santiago Peña Palacios flew to India for the MoU signing.
  • PM Modi met him to discuss:
    • Agri-tech ties
    • Biofuel collaboration
    • Technology transfers
  • Basically: “Vande Biofuels!”

🧪 What’s in it for Praj?

  • Full project scope:
    ✅ Tech licensing
    ✅ Design & engineering
    ✅ Equipment supply
    ✅ On-ground support
  • Deepens Praj’s South American footprint (already active in Brazil, Colombia, Argentina, USA, Peru).
  • Solidifies SAF & ethanol as core future verticals.

🧠 What Chairman Pramod Chaudhari Said

“This is not just ethanol. This is a bioeconomy revolution. Circular economy meets rural empowerment.”

Translation:
More corn, less carbon. 🌽➡️✈️


🔍 Why Paraguay?

  • Corn-rich
  • Oil import dependent
  • Looking for rural job creation
  • Clean tech + economic uplift = 💯

🧠 EduInvesting Take

This is Peak Praj

  • Global impact ✔️
  • Tech-driven ✔️
  • ESG brownie points ✔️
  • Rural inclusion ✔️

When a midcap Indian company gets the President of a country to show up at a project event, you know it’s not just another export order — it’s bio-diplomacy in action.


Tags: Praj Industries, Ethanol Plant Paraguay, SAF, Bioeconomy, Enersur, Pramod Chaudhari, Bio-Mobility, Clean Energy India, PM Modi Paraguay

Prashant Marathe

https://eduinvesting.in

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