Praj Industries and Indian Oil Corporation to Set up New Bio-Ethanol Plants in India

Praj Industries and Indian Oil Corporation to Set up New Bio-Ethanol Plants

Praj Industries has signed a binding agreement for cost sharing with Indian Oil (IOCL) to establish two new second-generation bio-ethanol plants in Haryana and Gujarat, India.

Praj currently provides solutions to bio-ethanol facilities and brewery plants, as well as water and wastewater treatment systems. Next-generation bio-ethanol technology uses ligno-cellulosic biomass or agri-residue as feedstock, helping the farming community to earn more revenues from agri-waste. The bio-ethanol also helps to reduce dependency on imported crude oil. “Praj is equally committed to partner with OMCs in their achievement of completing project targets. This is in line with the Government of India’s vision of increased contribution of renewables in India’s energy portfolio,” said Praj Industries executive chairman Pramod Chaudhari.

New plants are expected to be capable of producing 100,000l of ethanol per day. In September 2017, IOCL partnered with Praj as technology partner to establish various next-generation bio-ethanol plants based on its indigenously developed technology. According to the deal, Praj industries will be providing plant machinery and help IOCL in operating and maintaining the facilities. According to Bioethanol Market report published by Coherent Market Insights, sugar and starch can be used for the production of bioethanol. However, during the manufacturing of bioethanol, a large amount of carbon dioxide is released, which harms the environment.

You may be interested

Hernia Repair Devices and Consumables Market Growth 2026
Business
Business

Hernia Repair Devices and Consumables Market Growth 2026

Albert R - November 16, 2018

abdominal wall hernias include an Inguinal hernia, Femoral hernia, Umbilical hernia, Incisional hernia, Spigelian hernia, Obturator hernia, Epigastric hernia, Hiatal hernia, and diaphragmatic hernia. Most of the…

Gastrointestinal Devices Market Analysis & Outlook 2018-2026 | Top Players are Boston Scientific Corporation, Johnson & Johnson Ltd., Covidien Ltd., Fujinon Ltd., Stryker Corporation
Business
Business

Gastrointestinal Devices Market Analysis & Outlook 2018-2026 | Top Players are Boston Scientific Corporation, Johnson & Johnson Ltd., Covidien Ltd., Fujinon Ltd., Stryker Corporation

Albert R - November 16, 2018

All bilaterians (animals having a bilateral symmetry) have a GI tract. Primarily, it is a tube that can transfer food to various organs of digestion. In case…

Opioids Market Growth Analysis By Top Players Purdue Pharma L.P., Janssen Pharmaceuticals, Inc., West – Ward Pharmaceuticals Corporation, Pfizer, Inc., Egalet Corporation, Allergan plc, Sanofi SA, Boehringer Ingelheim, and Sun Pharmaceutical Industries Ltd.
Business
Business

Opioids Market Growth Analysis By Top Players Purdue Pharma L.P., Janssen Pharmaceuticals, Inc., West – Ward Pharmaceuticals Corporation, Pfizer, Inc., Egalet Corporation, Allergan plc, Sanofi SA, Boehringer Ingelheim, and Sun Pharmaceutical Industries Ltd.

Albert R - November 16, 2018

According to the American Academy of Pain Medicine (2011), the number of people who suffered from chronic pain was around 1.8 billion. Moreover, according to the NIH…

Most from this category