📌 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