Praj Industries Limited, a leading Indian industrial biotech company, has secured a significant international collaboration with Paraguay’s Enersur S.A. to develop a state-of-the-art biorefinery project. Announced on June 5, 2025, this partnership underscores Praj’s growing influence in the global bioeconomy and its commitment to sustainable energy solutions.
Company Background – Praj Industries
Praj Industries, headquartered in Pune, India, has been a pioneer in bio-based process solutions for over four decades. The company specializes in technologies that support clean energy, agri-processing, and environmental sustainability. With a presence in over 100 countries and more than 1,000 customer references, Praj has established itself as a trusted name in the bioeconomy sector.
Core Offerings
Praj’s expertise spans two key platforms:
- Bio-Mobility®: Focused on renewable transportation fuels like ethanol and sustainable aviation fuel (SAF), enabling decarbonization through circular bioeconomy principles.
- Bio-Prism®: Dedicated to producing renewable chemicals and materials, promoting sustainability and innovation.
The company also provides critical process equipment, breweries, zero liquid discharge systems, and high-purity water solutions. Praj’s R&D hub, Praj Matrix, drives its advancements in clean energy technologies.
The Paraguay Biorefinery Project
Praj’s collaboration with Enersur S.A. marks a milestone in South America’s renewable energy sector. The biorefinery, signed in the presence of Paraguay’s President Santiago Peña Palacios, will produce:
- Anhydrous Ethanol (600 m³/day plant, operational by October 2026)
- Co-products including DDGS, corn oil, biogas, biobitumen, and SAF.
This project aligns with Paraguay’s goals of reducing fossil fuel dependence, boosting rural employment, and advancing its bioeconomy.
Strategic Importance
- Global Expansion: The project reinforces Praj’s stronghold in South America, adding to its 100+ references across the USA, Brazil, Colombia, and Argentina.
- Sustainability Leadership: By leveraging corn feedstock, the biorefinery exemplifies circular economy principles, reducing carbon emissions while supporting local economies.
- Diplomatic Synergy: The agreement follows high-level discussions between Indian PM Narendra Modi and Paraguay’s President, highlighting India’s role as a technology partner in renewable energy and agriculture.
Company Financials
While the press release does not disclose financial details of the Paraguay project, Praj’s robust market position and consistent growth are evident from its:
- Stock Exchange Listings: Praj is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), reflecting investor confidence.
- Revenue Streams: The company derives income from technology licensing, equipment supply, and turnkey projects in biofuels and biorefineries.
- Global Demand: With increasing global emphasis on renewable energy, Praj is well-positioned to capitalize on emerging opportunities in biofuels and sustainable chemicals.
Leadership and Vision
Dr. Pramod Chaudhari, Founder Chairman of Praj, emphasized the project’s broader impact: “This partnership goes beyond ethanol—it embodies our shared vision to harness bio-based innovations for clean energy and long-term resilience.”
Enersur’s President, Omar Bustos, praised Praj’s expertise, citing its proven track record in delivering large-scale bioenergy projects.
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Praj Industries Expands with Major Biorefinery Project in Paraguay – Summary
Praj Industries Ltd. has partnered with Paraguay’s Enersur S.A. to develop a cutting-edge biorefinery, further strengthening its global presence in the bioeconomy. Announced on June 5, 2025, the project will produce 600 m³/day of anhydrous ethanol and co-products like DDGS, corn oil, biogas, SAF, and biobitumen. This aligns with Paraguay’s clean energy goals and highlights India-Paraguay diplomatic ties. Praj’s Bio-Mobility® and Bio-Prism® platforms showcase its leadership in sustainable technology. With operations in 100+ countries and a strong financial base, Praj is positioned to play a key role in global renewable energy advancements.
