🧪 Praj Industries’ Big Bet on Green Hydrogen, Bioplastics & SAF – Will It Fly or Fizzle?

🧠 At a Glance

Praj Industries just announced a series of high-impact pilot projects in its press release dated June 3, 2025:

• ✅ Commissioned a Green Hydrogen plant
• ✅ Developed India’s first demo unit for Sustainable Aviation Fuel (SAF)
• ✅ Commercialized bioplastics tech from agri waste

While the market claps for “green buzzwords,” EduInvesting asks: is this tech or just textbook PR?

🧪 What Did Praj Actually Announce?

1. Green Hydrogen Plant Commissioned
   • Built under the MNRE’s R&D funding
   • Located at Praj Matrix, Pune
   • Electrolyser tech not disclosed (own or third-party?)
2. Sustainable Aviation Fuel (SAF) Pilot Unit
   • Using alcohol-to-jet (ATJ) technology
   • Could help Indian airlines meet 1% SAF blending mandates
3. Bioplastics from Agri Waste
   • New pilot plant using cellulosic biomass
   • Produces PHA-based biodegradable polymers

🧬 Why This Matters (If It Works)

India’s clean energy transition needs:

• Domestic green hydrogen players
• SAF for airlines facing EU/ICAO mandates
• Bioplastics to replace ₹5 chhota packets and cut plastic imports

Praj is trying