Praj to set up Indias largest capacity syrup-based ethanol plant in Karnataka
Praj Industries Limited has bagged an order from Godavari Biorefineries Ltd (GBL) to set up India’s largest capacity syrup-based ethanol plant in Karnataka.
As a part of this project, Praj will expand the existing ethanol manufacturing capacity to 600 KLPD, using sugarcane syrup. When commissioned, this will become the country’s largest capacity syrup-based ethanol plant.
The expansion capacity at the GBL plant will continue to be a zero liquid discharge facility. The expansion will maintain zero liquid discharge norms by deploying innovative technology i.e. SHIFT, developed in Praj’s state-of-the-art R&D facility, Praj Matrix. The ‘SHIFT’ technology minimises energy and water footprint while maximising value for customers.
Praj will design, engineer, supply, install and increase GBL’s capacity from 400 KLPD to 600 KLPD ethanol production using sugar syrup as a raw material.
This capacity expansion planned by GBL is in line with the government’s biofuel policy to increase ethanol manufacturing quantity in India using various sugary feedstocks. This is expected to open more similar opportunities in syrup to ethanol manufacturing and ultimately boost ethanol production in the country.
On Monday, the stock of Praj Industries Ltd opened at Rs 199.95 and was trading 7.6 per cent lower at Rs 188 from its previous close of Rs 203.45 on BSE.