News International Sugar Journal

Praj embarks on setting up a demo cellulosic ethanol plant in India [Registered]

Praj Industries Limited recently announced that it will be setting up a 10-million-litre-a-year demo commercial plant to produce cellulosic ethanol in India, reported Business Standard. “The engineering package is ready and Praj has signed a memorandum of understanding with a customer for the location. Praj is in discussions with other strategic investors and partners for participation. The company expects the project cost to be between $25 million and $30 million, and hopes to break ground in early 2013,” the company said in a filing to the India’s stock exchange BSE in early November. Process conversion technology that will be employed…

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