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Corporate Ethanol Plant


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Praj Industries Limited,
"Praj Tower" 274 & 275/2,
Bhumkar Chowk-Hinjewadi Road,
Hinjewadi,
Pune : 411057, INDIA.
Phone : 020-71802000 and
020-22941000

Email:

Press Release

17th Nov 2014 Praj wins order for a Petrobras project.
16th Oct 2014 Praj announces Q2 & H1 FY2014-15 results
11th Sep 2014 Praj launches the Water Master Class knowledge forum in Chennai
25th Mar 2014 Praj announces Q1 FY2014-15 results
25th Mar 2014 Praj renames NeelaSystems as Praj HiPurity Systems
5th Feb 2014 Praj declares Q3 and 9MFY2014 results
16th Jan 2014

16 January 2014



Praj embarks on growth through transformation - Unveils new identity



Pune, 16th January, 2014 : Praj Industries, the global process solutions Company, has adopted a new identity in line with its future growth strategy. Over the past 3 decades, Praj has transformed itself from being a single business sector company of Ethanol Solutions to multiple business organization, providing solutions for Brewery, Water & Wastewater, Process Equipment & Systems, High Purity Application and Bio-products.

“Praj has achieved market leadership globally with references in more than 60 countries worldwide. The new identity will demonstrate our multi-capabilities, a diverse and global organization driven by core values like innovation and excellence for attaining sustainability. While ethanol will continue to be a major focus in Praj’s business, the introduction of Water, Pharma and Biotech-led businesses signifies our continued push for sustainability. Strategically, Praj is increasingly focused upon engineering solutions for environment, energy and Agri-led processing industries. Praj’s new tagline emphasizes our proven capability to deliver innovative and integrated solution. We will live upto this promise in the future too”, said Mr. Pramod Chaudhari, Executive Chairman, Praj Industries while addressing the media.

The Company plans to drive growth through two focus areas – GROWTH BUSINESS and ESTABLISED BUSINESS. The former will consist of 2nd Gen Ethanol, Water, Specialized Process Equipment and High Purity applications in Pharma, Biotech as well as niche BioProducts. The ESTABLISED BUSINESSES will see further innovations in 1st gen ethanol and brewery plants.

On the 2nd Generation technology front, Praj has successfully developed a ‘bolt-on’ model wherein it brings down the capex of the plant by 30-40% over the earlier estimate. This will enable faster execution. Moreover, Praj is also ready with the engineering for the full scale demonstration plant announced earlier.

On the GROWTH BUSINESS front, Praj has set a target of achieving 30% of revenues from water & wastewater, critical process equipment & systems and High Purity Applications, moving upto 40%. Simultaneously, Praj is taking each of these businesses through existing international network of offices as there is an exciting potential for technology led solutions in various sectors. Praj has specific offerings in Zero Liquid Discharge solutions and for Integrated Solutions for Hygienic sectors like Pharmaceuticals, Biotechnology and Cosmetics.

Praj is a leading player in the brewery sector in India with supply of turnkey plants for brewery. The company has put into place a strategy to take this business overseas and is presently executing two turnkey brewery projects – one in Africa and another in Mynamar for global brewers.

The Company is also giving a major thrust on monetizing of R & D work carried out at Praj Matrix, its state-of-the-art R & D Center. A number of projects in human and livestock health and wellness, nutraceuticals and biochemicals are in the making.

Praj is shifting its offices to the newly inaugurated Praj Tower at Hinjewadi in Pune. Mr. Kishor Chaukar, former Director, Tata Sons and Director, Praj Industries inaugurated the new office. Meeting Green Building Standards, Praj Tower is designed along the principles of sustainability so valued by the Company. Equipped with solar powered electric supply, smart water management systems, Praj Tower has incorporated several facilities for employees to work in with a higher level of collaboration and transparency.

Having set the wheels in motion for transformation, Praj is embarking on growth plans that will catapult it into a new league.


About Praj Industries Limited :

Praj is a global process solutions company driven by innovation and integration capabilities, offers solutions to add significant value to bio-ethanol facilities, brewery plants, water & wastewater treatment systems, critical process equipment & systems, hipurity solutions and bioproducts. Over the past 3 decades, Praj has focused on environment, energy and agri process led applications. Praj has been a trusted partner for process engineering, plant & critical equipment and systems with over 600 references across five continents. Solutions offered by Praj are backed by its state of the art R&D Center called Matrix. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India.

For more information, visit: www.praj.net

Media enquiries:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net
Sohini Dam
Asst. Manager,
Corporate Communication
sohinidam@praj.net
Suman Sharma
Metigon Enterprises
suman.sharma@metigon.com

16th Dec 2013
9th Aug 2013
8th Aug 2013
9th Jul 2013
5th Jun 2013
14th May 2013
13th May 2013
14th Mar 2013
3th Mar 2013
22nd Jan 2013
21st Jan 2013

09 Aug 2013



Praj declares Q1FY2014 results


Praj 1st Company in South Asia to set up a 2nd Generation (2G) Cellulosic ethanol demo plant Repeat Orders for Textile CETP



Pune, August 9th, 2013 : Praj Industries (Praj), the global process engineering and solutions provider for bioethanol, alcohol & brewery, water & wastewater and process equipment globally, announced its unaudited financial results for Q1 FY2013-2014.

The Company has made noticeable progress during this quarter, becoming South Asia’s 1st company to set up a demo plant on Cellulosic Ethanol Technology. The ground breaking of this significant project was conducted recently at Shirala (Sangli) in Maharashtra.

Performance Review for Q1 FY2014- Consolidated :

  • Income from operations stood at Rs. 173.06 crore (Q1 FY2013: Rs.200.23 crore)
  • PBT is at Rs. 4.87 crore for the period
  • PAT is at Rs. 3.09 crore (after minority interest)

“This quarter is certainly not representative of the fiscal 2014. The lower sales turnover is on account of order entry timings in the previous fiscal and extended project execution cycle due to challenging external environment. However, the order ramp up in the past two quarters have been good, which should reflect in the execution cycle over the latter half of the year. There are number of first that we achieved in the ensuing period, first order for a turnkey brewery plant from Africa, Largest order from a global pharmaceutical Company for Neela Systems(Praj Subsidiary) and ground breaking of South Asia’s first Cellulosic Ethanol demo plant by Praj. We are excited about opportunities we see in this very challenging environment,” said Mr. Gajanan Nabar, CEO & MD, Praj Industries.



Key Developments

  • New Order gains at Rs. 252 crore (consolidated) during the quarter. The net pending orders at the quarter end is Rs. 1004 crore
  • Breakthrough for brewery business in Africa, a growth market, with a Rs 54 crore order from a global beer producer for their project in Namibia
  • Neela Systems, a subsidiary of Praj Industries, gains big ticket orders with a breakthrough from a global pharmaceuticals Company, worth Rs. 30 crore for a pharmaceutical manufacturing facility in Vizag, Andhra Pradesh. Also receives an export order from Central Asia
  • UK’s largest bioethanol plant based on Praj technology and design for Vivergo Fuels Ltd officially starts production.
  • 2nd Generation (2G) Cellulosic Ethanol Demo Plant by Praj sees ground-breaking at Shirala in Sangli District of Maharashtra. This will be South Asia’s 1st Cellulosic Ethanol Demo Plant with a project cost of US$ 25 mln (Rs 145 – 150 crore). The Company is in discussions with various entities including financial institutions and Government organizations for partnership.



About Praj Industries Limited :

Praj is a global Indian company that offers innovative solutions to add significant value to bio-ethanol facilities, alcohol & brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. www.praj.net

BSE: 522205; NSE: PRAJIND; Bloomberg: PRJ@IN; Reuters: PRAJBO



Vinati Moghe
Praj Industries Ltd,
Phone: 020 39806314
Fax: 022 2295 1718
Email: vinatimoghe@praj.net
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson
Phone : 022 6645 1230/38
Fax: 022 6645 1213
Emails: mayank@cdr-india.com,
rishab@cdrindia.com

8th Aug 2013



2nd Generation (2G) Cellulosic Ethanol Demo Plant by Praj sees ground-breaking


  • South Asia’s 1st Cellulosic Ethanol Demo plant gets underway
  • 2G Cellulosic ethanol demo plant will also enable development of the entire value chain including biomass impact on the capex and opex
  • Innovative concept of Biorefinery for production of Biochemicals launched

Pune, 8th August, 2013: Praj Industries, the global process solutions company for bioethanol, alcohol and brewery, water and wastewater & critical process equipment has emerged as the first Company in South Asia to set up an integrated 2nd Generation (2G) Cellulosic ethanol plant.

Praj’s Executive Chairman Mr. Pramod Chaudhari did the groundbreaking today at Shirala in Sangli District in Maharashtra (India) along with Chairman of Viraj Alcohols & Allied Industries Limited (VAAIL), Mr. Mansinghrao Naik.

The 2G Cellulosic ethanol demo plant will operate on different variety of biomasss with a capacity of 100 dry tonnes of biomass per day, which includes agricultural wastes such as corn stover, cobs and bagasse. The demo plant will enable Praj to consolidate its 6 years of R & D efforts, starting with laboratory trials to pilot scale trials. The same plant will also enable Praj to develop various biochemicals and bioproducts.

The demo plant will seek to demonstrate various technical parameters including optimization of water and energy integration and its impact on the capex and opex. The plant will also develop the entire value chain including biomass handling and biomass composition and its impact on the operations. Praj expects the project cost to be in the region of US$ 25 million (Rs. 145-150 crore).

For this project, Praj will associate with VAAIL, an existing ethanol producer located in Western Maharashtra and a long term client of Praj. VAAIL will provide the land and allied services for the smooth operation of the project.

Commenting on the ground-breaking, Mr. Pramod Chaudhari, Executive Chairman, Praj Industries, said: “Ground breaking of 2G Cellulosic ethanol plant is a giant leap in biotechnology and towards a more sustainable world. The greenhouse gas savings from Cellulosic ethanol is greater than those from 1st Generation crop-based biofuels as well as fossil-based fuel and hence this project will play a vital role in reducing carbon footprints. The project site at Shirala gives us a locational advantage in terms of sourcing of biomass, utilities and manpower. We are delighted to work with VAAIL who has been our long term client.”

On this occasion, Mr. Mansinghrao Naik, Chairman, VAAIL said: “Viraj has more than a decade’s experience in operating ethanol plants based on both, molasses as well as grains. Praj has supplied both these plant. It gives me great pride to be associated with Praj as it will give us the opportunity of participating in a path- breaking project.”

For more information:



Vinati Moghe
VP, Corporate,
Praj Industries Ltd,
Email: vinatimoghe@praj.net
Mob: +91-9822430906
Sohini Dam,
Asst. Manager, Corporate Communication
Praj Industries Ltd,
Email: sohinidam@praj.net
Ph: 020 - 22951511

09 Jul 2013



Official Opening of UKs biggest Bioethanol Plant using Praj Technology 420 million litres bioethanol & 500,000 tonnes per annum High Quality Animal Feed


Official Opening of UKs biggest Bioethanol Plant using Praj Technology 420 million litres bioethanol & 500,000 tonnes per annum High Quality Animal Feed

Pune, July 9th, 2013 : Vivergo Fuels Ltd officially opens the UK’s largest bioethanol plant based on Praj technology and design. Praj is a global process engineering and solutions provider for bioethanol, alcohol & brewery, water & wastewater and process equipment.

This greenfield biorefinery operating on UK feed wheat is highly energy efficient with distillation, dehydration and evaporation integrated uniquely reducing energy consumption. The plant adheres to EU sustainability criteria for Greenhouse Gas (GHG) savings .

Vivergo Fuels is a JV between AB Sugar, BP, & DuPont. This plant is capable of producing around 1/3 of the UK's current bioethanol demand for petrol and will be UK's largest single source supplier of animal feed. Vivergo Fuels has already gained International Sustainability and Carbon Certification (ISCC), certifying that bioethanol plant and their business fully comply with the requirements of the EU Renewable Energy Directive.

Praj provided the licence for the technology, basic engineering as well as certain equipment for the core process block which includes liquefaction, fermentation, distillation, multi effect evaporation and molecular sieve dehydration. The plant is designed to use 1.1 million tonnes of feed-grade wheat to produce 420 million litres of bioethanol and 500,000 tonnes of protein rich animal feed per year.

The CE marked ready-to-install equipment were designed, manufactured, assembled and tested at Praj’s manufacturing facility in SEZ, Kandla. This enabled quick and easy installation on-site. The large size equipment with diameter of 4.6 m and height of 37.75 m were shipped in one-piece.

‘It’s been a great experience and a matter of pride for Praj to be associated with the ‘Largest Bioethanol Project’ in the UK for Vivergo Fuels. With Praj’s experience of nearly 3 decades, we have designed an energy efficient plant with minimum energy consumption leading to 30%-40% saving in water & steam. This is the 2nd bioethanol plant in U.K. based on Praj technology.” Said Pramod Chaudhari, Executive Chairman, Praj Industries Limited.

Dave Richards, Managing Director of Vivergo Fuels, said: “We’re very pleased that our plant has officially opened and look forward to a successful future as one the Europe’s largest bioethanol businesses. We’d like to thank Praj for their support throughout the delivery of this project.”

For more information:


Vinati Moghe
VP, Corporate,
Praj Industries Ltd,
Email: vinatimoghe@praj.net
Mob: +91-9822430906
Sohini Dam,
Asst. Manager, Corporate Communication
Praj Industries Ltd,
Email: sohinidam@praj.net
Ph: 020 - 22951511


05th Jun 2013



Praj’s breakthrough technology helps to resolve textile pollution issue at Tirupur


Praj’s breakthrough technology helps to resolve textile pollution issue at Tirupur Praj receives repeat orders for Zero Liquid Discharge Solutions for Textile Wastewater Treatment

PUNE, June 5th, 2013 : Tirupur being a textile belt, faced the crisis of severe pollution of water bodies due to discharge of coloured effluent from the bleaching and dyeing units. More than 600 bleaching and dyeing units remained closed for almost two years for want of a reliable solution. Though various technologies were implemented, none could solve the groundwater pollution problem effectively. This extended the closure of textile dyeing clusters till the installation of the Zero Liquid Discharge (ZLD) unit by Praj which has helped to build confidence for reopening of the textile units in compliance with the pollution norms.

Praj, a global process engineering solutions provider, offers innovative solutions to significantly add value in Water and Waste Water Treatment Plants, Bio-ethanol and Brewery Plants, Critical Process Equipment & Systems, has received their 2nd repeat order for ZLD application from the Common Effluent Treatment Plants (CETPs) based in Tirupur textile belt. The first two orders were from Veerapandi Textile CETP and the 3rd one from Sirupooluvapatti CETP, Tirupur, Tamil Nadu.

Successful operation of 1st ZLD system at Veerapandi CETP, Tirupur leads to repeat order for Praj :

Praj successfully commissioned a 100 Kilo litre per day ZLD system based on multi effect evaporation technology at Veerapandi, Tirupur. The entire plant was designed, engineered, fabricated and erected by Praj on turnkey basis. The final end products are process condensate and salts which are reusable in the textile dyeing units. The solution treats effluent stream rejects of Reverse Osmosis (RO) plant applying Praj’s innovative Evaporation & Crystallization technology. This unique technology is instrumental in solving the groundwater pollution problems arising due to discharge of colorants.

In order to arrive at the most appropriate solution, Praj deployed the best resources and efforts. This involved periodic collection and testing of effluent samples, study of existing effluent treatment plants, developing customized process & engineering solutions and demonstrating the efficacy of the solution on the first plant at Veerapandi.

Based on the successful operation of the first plant at Veerapandi CETP, Praj contracted a second order for treatment of effluent from the textile dyeing cluster. The CETP will treat 700 kilo liters of effluent per day.

Sirupooluvapatti CETP order

Praj bagged an order from Sirupooluvapatti CETP Limited for treatment of 5000 Kilo litres per day of effluent, making it the largest installation. It consists of 3 stage treatment including the ZLD system based on multi effect evaporation.

“The repeat orders show the faith of client in Praj’s technology and its commitment to the industry and society. Our Zero Liquid Discharge System is energy efficient with low maintenance cost and operates for a longer period between cleaning cycles. The salts recovered from the CETP plant are being re-used by the dyeing units, resulting into considerable savings in operating cost, annually.” said Mr. Pramod Chaudhari, Executive Chairman, Praj Industries.

While the first Veerapandi order of 100 kilo litres per day was contracted in fiscal 2011-12, the repeat orders were contracted in end-fiscal 2012-13.

Praj launched its water & wastewater treatment solutions over 3 years ago. Since then, Praj has supplied technology & systems for many a industrial applications inlcuding pharmaceuticals, chemicals, agro chemicals, ,f & b, textiles and other Industrial CETPs including orders from overseas.

For more information:


Vinati Moghe
VP, Corporate,
Praj Industries Ltd,
Email: vinatimoghe@praj.net
Mob: +91-9822430906
Sohini Dam,
Asst. Manager, Corporate Communication
Praj Industries Ltd,
Email: sohinidam@praj.net
Ph: 020 - 22951511

About Praj Industries Limited :

Praj is a global Indian company that offers innovative solutions to add significant value to bio-ethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on second-generation bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net


14th May 2013



Pramod Chaudhari receives Maxell Lifetime Achievement Award 2013


Pramod Chaudhari receives Maxell Lifetime Achievement Award 2013



PUNE, May 14th, 2013 : Mr. Pramod Chaudhari, Executive Chairman, Praj Industries Limited, has been bestowed with the Maxell ‘Lifetime Achievement Award 2013’ for his momentous career, as a 1st generation entrepreneur, spanning more than 3 decades. This award has been given to him at the hands of Hon’ble Union Home Minister Sri Sushil Kumar Shinde, in the presence of Dr. Raghunath Mashelkar on May 12, 2013 at Mumbai.

Mr. Chaudhari’s career extends over 35 years of professional and entrepreneurial endeavors. He established Praj in 1984 and focused on green and clean energy sources. He is known as a mastermind behind many innovative ideas. Praj has been honored with ‘Best In Asia’ award given by Forbes.

Pramod Chaudhari’s leadership has made Praj globally known for its innovative solutions in the field of Bio-ethanol, Brewery, Critical Process Equipments & Systems, Water & Waste Water Treatment Systems and Livestock Health & Nutrition domains. It is world’s one of the most ecologically sound companies that produces bio-fuels for industries over 50 countries across continents. Mr. Chaudhari was invited to speak at the UN Leadership Forum on climate change. Under his leadership, Praj works on the motto of ‘More from less for more’!

About Praj Industries Limited :

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems, livestock health & nutrition products as well as process engineering, plant & critical equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on second-generation bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net


13th May 2013



Praj declares Q4 results


Praj Industries (Praj), the global process engineering and solutions provider for biofuels, alcohol & brewery, water & wastewater and process equipment globally, announced its audited financial results for Q4 & FY2012-2013.

Praj Board recommends 81% dividend: Net Profit Up

Praj contracts alcohol plant order in South East Asia for worth Rs. 160 crore

Repeat Orders for Textile CETP


May 13, 2013 : Praj Industries (Praj), the global process engineering and solutions provider for biofuels, alcohol & brewery, water & wastewater and process equipment globally, announced its audited financial results for Q4 & FY2012-2013.

Performance Review for Q4 FY2013- Standalone :

  • Income from operations stood at Rs 187.77 crore (Rs. 268.01 crore).
  • The EBITDA (excluding other income) is at Rs. 18.59 crore (9.9%) when compared to Rs. 27.77 crore (10.31%) in Q4 FY2012.
  • PBT is at Rs. 19.35 crore (Rs. 41.97crore) for the period at a margin of 10.10%.
  • PAT is at Rs. 14.84 crore (Rs. 10.16 crore) for the period at a margin of 7.75%.

Performance Review for FY2013- Standalone :

  • Income from operations stood at Rs. 729.47crore (Rs. 880.86 crore).
  • The EBITDA (excluding other income) is at Rs. 67.72 crore when compared to Rs. 83.42 crore in FY2012.
  • PBT is at Rs. 80.72 crore (Rs. 111.92 crore) for the period at a margin of 10.68%.
  • PAT is at Rs. 66.18 crore (Rs. 65.82 crore) for the period at a margin of 9%.

On a consolidated basis for FY 2012-13, Praj registered an operating income of Rs. 922 crore (Rs. 1003 crore) and a PBT of Rs. 92.32 crore (Rs. 119.28 crore) with PAT of Rs. 71.53 crore (Rs. 70.33 crore). EBIDTA was at Rs. 116.16 crore (Rs. 136.96) with a margin of 13%.

On a standalone and consolidated basis the net profit gained over the previous fiscal.

The Board of Praj Industries has recommended a dividend of 81% at Rs. 1.62 per equity share of Rs. 2/- each.



Key Developments during the quarter :

  • During the quarter, Praj contracted a significant order for a 200,000 litres per day ethanol plant from a client in South East Asia. The delivery is expected to be completed within 15 months. Beverage Alcohol consumption in Philippines is on the rise and so is opportunity for new plant construction for fuel ethanol. The order value is Rs. 160 crore.
  • Praj also made significant order gains in the emerging businesses. Praj contracted a repeat order for supply and installation of Zero Liquid Discharge System for Textile CETP at Thirupur. This follows the successful operation of the previous technology which ensured that not only did the plant recycle the salts recovered from the process but it also reduced energy and operating cost. Another key order from a major EPC Company for their project in Russia which involves fabrication of high thickness vessel.
  • As on date, the pending order book stands at Rs. 870 crore.
  • Nearly half the quantity required for the 5% ethanol blending program in India has been tendered for with balance yet to be closed.
  • Praj’s 2nd Generation Cellulosic Ethanol Demo Plant will break ground by end Q2 FY 2013- 14.



About Praj Industries Limited :

Praj is a global Indian company that offers innovative solutions to add significant value to bio-ethanol facilities, alcohol & brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. www.praj.net

BSE: 522205; NSE: PRAJIND; Bloomberg: PRJ@IN; Reuters: PRAJBO



Vinati Moghe
Praj Industries Ltd,
Phone: 020 39806314
Fax: 022 2295 1718
Email: vinatimoghe@praj.net
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson
Phone : 022 6645 1230/38
Fax: 022 6645 1213
Emails: mayank@cdr-india.com,
rishab@cdrindia.com

14th Mar 2013



Praj honored with ABLE Award


Praj Industries Ltd, a global process engineering and biotechnology Company, has been bestowed with the ABLE (Association of Biotechnology Led Enterprises) Tenth Anniversary Award under the ‘BioIndustrial’ category for its efforts and contribution towards Industrial Biotechnology.

Praj honored with ABLE Award




Pune, March 14th, 2013 : Praj Industries Ltd, a global process engineering and biotechnology Company, has been bestowed with the ABLE (Association of Biotechnology Led Enterprises) Tenth Anniversary Award under the ‘BioIndustrial’ category for its efforts and contribution towards Industrial Biotechnology. The award was received by Mr. Pramod Chaudhari, Executive Chairman, Praj Industries and Dr. Balu Sarma, President & Chief Technology Officer at the hands of Honorable Minister of Agriculture Shri Sharad Pawar and Honorable Minister of Health & Family Welfare Shri Ghulam Nabi Azad, at a glittering award night in New Delhi recently.

Praj has been working towards creating innovative technology platforms for sustainable solutions for biofuels and biobased products & processes. Praj Matrix, the R & D Center of Praj was established with the purpose of accelerating development of bio-based technologies. It is the first of its kind R & D center in the tropics where research is being carried out on various bio-based processes right from lab scale to pilot scale under one roof.

Praj offers technology, equipment and plants for brewery as well as water & wastewater treatment systems and critical process equipment for various industrial applications. Praj also offers biobased products like fermentation performance enhancers and livestock health & nutrition products.

In keeping with its efforts to progress in industrial biotechnology, Praj has achieved impressive advancement in the development of “lignocellulosic ethanol” production process at pilot scale. Very shortly, Praj will set up demo plant in India, which will seek to demonstrate the technical and commercial viability of producing ethanol from agri-residues. This will also be a proof of concept for establishing a biorefinery model.



About Praj Industries Limited :

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems, livestock health & nutrition products as well as process engineering, plant & critical equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on second-generation bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For more information :


Vinati Moghe
VP, Corporate,
Praj Industries Ltd,
Email: vinatimoghe@praj.net
Mob: +91-9822430906
Sohini Dam,
Asst. Manager, Corporate Communication
Praj Industries Ltd,
Email: sohinidam@praj.net
Ph: 020 - 22951511

03 Mar 2013



Pramod Chaudhari's Interview on ABP Majha


Pramod Chaudhari's Interview on ABP Majha





22 Jan 2013



Riopaila Castilla SA, Colombia contracts Praj for a large ethanol plant


Praj Industries (Praj), the global process engineering and solutions provider for biofuels, alcohol & brewery, water & wastewater and process equipment globally, announced major order gain for an ethanol plant from Riopaila Castilla SA, a large conglomerate with interests in sugar production, confectionary , food processing, etc.

Riopaila Castilla SA, Colombia contracts Praj for a large ethanol plant

Praj successfully commissions 150,000 lpd ethanol plant in Argentina


January 22, 2013 : Praj Industries (Praj), the global process engineering and solutions provider for biofuels, alcohol & brewery, water & wastewater and process equipment globally, announced major order gain for an ethanol plant from Riopaila Castilla SA, a large conglomerate with interests in sugar production, confectionary , food processing, etc.

The order worth US$ 20 million (INR 109 crore) includes state of the art process plant for production of 400,000 Liter per day of ethanol using sugar cane juice and molasses-B at their sugar plant at La Paila in the Valle del Cauca region of Colombia. The delivery is expected to be completed within one year. The plant will use PRAJ’s cutting edge technology including vacuum distillation & thermal integration with vinasse evaporation to use very low pressure vapor from the cane juice evaporators for producing ethanol with a very low production of vinasse at less than 0.7 Lit/lit of Ethanol

With this order, Praj has retained market share of 100% in Colombia. This is the 7th ethanol plant being installed by Praj.

The Colombian Ethanol program has been one of the most successful in South, Central America (outside Brazil). The entire program is being supplied by plants based on Praj’s ethanol technology. Colombia current ethanol mandate of 10 % will eventually go upto 20% blending.

Recently Praj has successfully commissioned a 150,000 liters per day corn-to-ethanol plant for Vicentin SAIC. This plant located in the Santa Fe province of Argentina is one of the first new generation plants to be commissioned for fuel ethanol production in Argentina. Vicentin’s plant incorporates thermally integrated vacuum distillation and the low pressure steam enables co-generation simultaneously. This ensures lowest energy foot print for the plant. Argentina has announced a mandate to blend fuel ethanol with gasoline. Praj is partnering Companies in developing projects that will make Argentina self-reliant in their energy consumption.

For more information visit us at : www.praj.net

For further information, please contact :

Vinati Moghe
VP, Corporate,
Praj Industries Ltd,
Fax: 022 2295 1718
Email: vinatimoghe@praj.net
Mob: +91-9822430906
Sohini Dam,
Asst. Manager, Corporate Communication
Praj Industries Ltd,
Email: sohinidam@praj.net
Ph: 020 - 22951511

21 Jan 2013



Praj declares Q3 & 9MFY2013 results


Praj Industries (Praj), the global process engineering and solutions provider for biofuels, alcohol & brewery, water & wastewater and process equipment globally, announced its unaudited financial results for Q3 & 9MFY2013.

Praj contracts order from Colombia for bioethanol plant worth Rs. 109 crore.

New Businesses of Water and Process Equipment & Systems gain traction


January 21, 2013 : Praj Industries (Praj), the global process engineering and solutions provider for biofuels, alcohol & brewery, water & wastewater and process equipment globally, announced its unaudited financial results for Q3 & 9MFY2013.

Performance Review for Q3 FY2013 :

  • Income from operations stood at Rs 187.22 crore (Rs. 219.25 crore)
  • The EBITDA (excluding other income) is at Rs. 20.66 crore (10.86%) when compared to Rs. 20.68 crore (9.43%) in Q3 FY2012.
  • PBT is at Rs. 26.41 crore (Rs. 27.34 crore) for the period at a margin of 13.88%.
  • PAT is at Rs. 23.26 crore (Rs. 21.50 crore) for the period at a margin of 12.23%.

Performance Review for 9MFY2013 :
  • Income from operations stood at Rs. 538.70 crore (Rs. 612.43 crore)
  • The EBITDA (excluding other income) is at Rs. 49.13 crore when compared to Rs. 55.66 crore in 9MFY2012
  • PBT is at Rs. 61.37 crore (Rs. 69.95 crore) for the period at a margin of 11.32%
  • PAT is at Rs. 51.34 crore (Rs. 55.66 crore) for the period at a margin of 9.47%

"As stated earlier, our attempt is to improve the margins. We are seeing some movement in this quarter. Going forward we will look to improving sales and the operating parameters together." said Mr. Gajanan Nabar, CEO & MD, Praj Industries.

Key Developments during the quarter :
  • During the quarter, Praj contracted a significant order for a 400,000 litres per day ethanol plant from Riopilla Castilla of Colombia. The delivery is expected to be completed within 12 months. With this order, Praj’s marketshare in Colombia continues to be 100%. This would be the 7th ethanol plant contracted by Praj. The order value is Rs. 109 crore.
  • Praj also made significant order gains in the emerging businesses. Praj contracted a major order for supply and installation of large skids and equipment for a major biotech facility in Malaysia by an Indian company; from Linde for their Petronas LNG Project in Malaysia and for SADARA project in KSA.; from Lanaxess for their Butyl Rubber Project in Singapore; Toyo for their BASF project in Dahej. The water & wastewater treatment group also received key orders during the quarter.
  • Emerging Businesses (new business lines including water & process equipment) are showing a traction with 30% of the order intake during the quarter.
  • As on date, the order book stands at Rs. 850 crore.
  • The Cabinet Committee on Economic Affairs has given a green signal for 5% ethanol blending in India to be implemented from June 1st, 2013.
  • Praj had announced the commissioning of its Production Facility for Biobased Products and its advent into the Livestock Health & Nutrition business. Developed by Praj Matrix, the R & D Center of Praj, these products have now been certified by most leading feed manufacturer and livestock owners. The division has also commenced sales.

About Praj Industries Limited :

Praj is a global Indian company that offers innovative solutions to add significant value to bio-ethanol facilities, alcohol & brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. www.praj.net

BSE: 522205; NSE: PRAJIND; Bloomberg: PRJ@IN; Reuters: PRAJBO



Vinati Moghe
Praj Industries Ltd,
Phone: 020 39806314
Fax: 022 2295 1718
Email: vinatimoghe@praj.net
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson
Phone : 022 6645 1230/38
Fax: 022 6645 1213
Emails: mayank@cdr-india.com,
rishab@cdrindia.com

16 December 2013



Praj Maha - Intrapreneur 2013 Lifetime Achievement Award for Dr. Raghunath Mashelkar


Pune, 16th December, 2013: To honour the spirit of innovation, creativity and entrepreneurship within the organisation, Praj Industries announced the winners of the 5th Maha-Intrapreneur Awards today. Well-known nuclear scientist and former Chairman of the Atomic Energy Commission of India, Dr. Anil Kakodkar and Chairman of Sakal Media Group, Shree/Mr. Prataprao Pawar will present the awards in the presence of Executive Chairman of Praj Industries Mr. Pramod Chaudhari and Principal Director of Symbiosis Society Dr. Vidya Yeravdekar.

The award ceremony, to be held on 21 December in Pune, will honor Dr. R A Mashelkar, the eminent scientist known for his role in nationbuilding through promotion of research in Science & Technology.

Six other awards will also be bestowed upon those who have shown exceptional Intrapreneural skills within their respective fields including Business, Academics, Government and Social Sphere. An eminent panel of jury selected the awardees of the Praj Maha- Intrapreneur Awards 2013.

"An Intrapreneur is known to integrate risk-taking and innovation with corporate management, as well as reward and motivational techniques, which are more traditionally thought of as being the province of entrepreneurship," Mr. Pramod Chaudhari, Executive Chairman, Praj Industries said.

"It is this spirit that we recognise through the Maha-Intrapreneur Awards," he added.

This year, eminent scientist and Padma Bhushan awardee Dr. Raghunath Mashelkar will be given the lifetime achievement award for his notable role in shaping India’s science and technology policies. Dr. Mashelkar is currently the National Research Professor and Chancellor of Academy of Scientific & Innovative Research (AcSIR) and the President Global Research Alliance.

Symbiosis Institute of International Business (SIIB, Pune) is the knowledge partner for the Praj Maha-Intrapreneur Awards.

Winners of Praj Maha- Intrapreneur Awards 2013

Lifetime Achievement Awards
  • Dr. R. A. Mashelkar

Category – Industry & Business
  • Ms. Manjula M K, Associate VP, Infosys
  • Ms. Beena Rai, Principal Scientist, Tata Consultancy Services’ Tata Research Development & Design Centre
  • Mr. Susshrurth Apshankar, AVP (Commercial), Idea Cellular.

Category - NGOs, Semi Government, Society and Trusts
  • Mr. Anant Sardeshmukh, Director General, Mahratta Chamber of Commerce Industries & Agriculture,
  • Mr. Girish G. Sohani, President, BAIF Development Research Foundation
  • Dr Sanjeevani Kulkarni, Trustee , Prayas & Coordinator Prayas Health Group

About Praj Industries Limited:

Praj is a global company driven by innovation and integration capabilities, offers solutions to add significant value to bio-ethanol facilities, brewery plants, water & wastewater treatment systems, critical process equipment & systems, hipurity solutions and bioproducts. Over the past 3 decades, Praj has focused on environment, energy and agri process led applications. Praj has been a trusted partner for process engineering, plant & critical equipment and systems with over 600 references across five continents. Solutions offered by Praj are backed by its state of the art R&D Center called Matrix. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India.

For more information, visit www.praj.net

About SIIB Pune

Symbiosis Institute of International Business (SIIB) was established in 1992 as an autonomous Institute. Today SIIB is a constituent of Symbiosis International University and is one of the highly acclaimed business schools in the country. It has been recognized as a B- School that combines an excellent academic foundation with a strong leadership perspective. The pioneering work in commencing focused MBA programs in International Business (1992), Agribusiness Management (2004), and Energy & Environment (2009) has been lauded by industry. SIIB has a strong track record of excellent placements. Briefly, SIIB has a unique advantage to train young professionals, to take on the challenges of global commerce in the domestic as well as the international arena.



Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net
Sohini Dam
Asst. Manager,
Corporate Communication
Email: sohinidam@praj.net
Suman Sharma
Metigon Enterprises
Email: suman.sharma@metigon.com

5th Dec 2012
26th Nov 2012
6th Nov 2012
29th May 2012
20th Jan 2012
09 Jan 2012

05 Dec 2012



Praj Announces Winners of Maha-Intrapreneur Award 2012


Praj Industries, the global biofuels technology and process engineering Company announced the names of winners of the ‘Praj Maha-Intrapreneur Awards 2012’. This unique award honors and recognizes ‘Intrapreneurs’ or ‘Corporate Entrepreneurs’ for their efforts in accelerating the growth of their Organizations. The award is in its 4 th successful year. This year too, 6 most talented ‘Intrapreneurs’ have been selected by a distinguished Jury1. Symbiosis Institute of International Business (SIIB, Pune) and Karve Institute of Social Service (KInSS) are the knowledge partners for this initiative.

Praj Announces Winners of Maha-Intrapreneur Award 2012

Pune, December 5, 2012: Praj Industries, the global biofuels technology and process engineering Company announced the names of winners of the ‘Praj Maha-Intrapreneur Awards 2012’. This unique award honors and recognizes ‘Intrapreneurs’ or ‘Corporate Entrepreneurs’ for their efforts in accelerating the growth of their Organizations. The award is in its 4 th successful year. This year too, 6 most talented ‘Intrapreneurs’ have been selected by a distinguished Jury1. Symbiosis Institute of International Business (SIIB, Pune) and Karve Institute of Social Service (KInSS) are the knowledge partners for this initiative.

The awards will be presented in an award function on December 15th, 2012 at the hands of Chief Guest Mr. R. Gopalakrishnan, Director, Tata Sons in the presence of Mr. Deepak Satwalekar, former MD, HDFC Life Insurance Co. Ltd. and Mr. Pramod Chaudhari, Executive Chairman, Praj Industries Limited.

The 3 Winners of the Category A – “Industry and Business” are:

  • Jaya Panvalkar: Sr. Director & Site Leader, NVIDIA Graphics, Pune
  • Mateesh Rai: Director, Forbes Marshall, Pune
  • Vivek Kotru: Director, Geometric Software, Pune

The 3 Winners for Category Cat B- “NGOs, Semi Government, Society and Trusts” are:
  • Sunil Pote: President, Yuva Mitra, Dist. Nashik
  • Chandrika Chauhan: President, Udyog Vardhini, Dist. Pune
  • Sunita Dhanawade: Secy & Project Director, Astitva Samaj Vikas and Sanshodhan Sanstha, Sangola

Lifetime Achievement Award 2012

The Praj Mahaintrapreneur Lifetime Achievement Award is being conferred upon Dr. Shardchandra Gokhale. Dr. Gokhale is an eminent Social Scientist of International repute. He has worked in the field of social development primarily in child welfare, leprosy and ageing. He is also a recipient of UN Scholarship. He has to his credit more than 30 books published in Marathi and English. He was the editor of the reputed Marathi Daily, Kesari and was a Trustee on the Sakal Trust. He was also Assistant Director, Social Welfare Department, Maharashtra State and Executive Director of Indian Social Welfare Institute. He was also the Hon. Professor at TISS. He has been honored with many National and International awards.

On this occasion Pramod Chaudhari, Executive Chairman, Praj Industries said, “Through these awards we have been able to recognize the excellence that a truly engaged and motivated employee can bring to their jobs whether in ‘for-profit’, ‘not-for-profit’, NGOs or Government organizations. The award is not just for the employee but it is also recognition for the organization which is promoting the practice of ‘intrapreneurship’, knowingly or unknowingly”

Applications were received from various industries like Manufacturing, Service, Engineering, Projects, Automobile, Packaging, Pharma, Chemical, IT, Telecom, Insurance and organizations like NGOs, Educational Institutes and Hospital etc.

The jury panel for both categories consisted of eminent personalities. They were truly excited with the showcasing of a range of talent.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to significantly add value in bio-ethanol, bio-diesel and brewery plants and related wastewater treatment systems as well as process plant & equipment for customers, worldwide. Praj is a knowledge based company with expertise and experience in Bioprocesses and engineering. It delivers know how, License, engineering design, plant & equipment, project management, commissioning and customer care and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India.


About SIIB Pune

Symbiosis Institute of International Business (SIIB) was established in 1992 as an autonomous Institute. Today SIIB is a constituent of Symbiosis International University and is one of the highly acclaimed business schools in the country. It has been recognized as a B- School that combines an excellent academic foundation with a strong leadership perspective. The pioneering work in commencing focused MBA programs in International Business (1992), Agribusiness Management (2004), and Energy & Environment (2009) has been lauded by industry. SIIB has a strong track record of excellent placements. Briefly, SIIB has a unique advantage to train young professionals, to take on the challenges of global commerce in the domestic as well as the international arena.


About KInSS Pune

Karve Institute of Social Service is a school of social work established in the year 1963,in commemoration of eminent social reformer, Bharat Ratna Maharshi Dr. Dhondo Keshav Karve. Affiliated to University of Pune, the Institute offers academic programmes leading towards Masters, M.Phil. and Ph.D. degrees in social work. The Institute also offers Post Graduate Diploma in Governance and Management of NGOs. The Late B.D. Karve Research and Consultancy Cell of the institute undertakes research, consultancy and capacity building assignments in the field of social development and social work. Field action projects of the Institute have been initiated with a view to reaffirm its commitment to society and to offer professional services to various client groups.

For further information, please contact:



Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net
Mob: 9822430906
Tushar Joshi
Hundredpercent PR
Email: hundredpercentpr@gmail.com
Mob: 9821414845

26th November 2012



Praj flags off its Industrial Biobased Product facility . Commences production and supply of Livestock Health & Nutrition Products


As part of its strategy of extending its expertise in biotechnology combined with its experience in agri processes, Praj Industries, the global leader in ethanol technology has launched its next set of biobased products – the livestock health & nutrition range (LHN). The main driver is the increased consumption of animal proteins in the emerging economies.

Praj flags off its Industrial Biobased Product facility

Commences production and supply of Livestock Health & Nutrition Products


Pune, 26th November, 2012: As part of its strategy of extending its expertise in biotechnology combined with its experience in agri processes, Praj Industries, the global leader in ethanol technology has launched its next set of biobased products – the livestock health & nutrition range (LHN). The main driver is the increased consumption of animal proteins in the emerging economies.

The LHN products are derived from agro materials and produced by complex fermentation/enzyme based processes. LHN products provide solutions to a variety of health and productivity improvement opportunities in the dairy, poultry and aqua segments in a natural way, as specialty feed supplements. The product concept originated from the knowledge of distillery/brewery co-products and understanding of vital nutrition biochemistry and microbiology of livestock segment.

The current product portfolio covers Amino acids, Vitamins and other biomolecules and Prophylactic disease controlling Friendly Microbes with immunity modulators.

The market for LHN products is estimated to be at over Rs. 10000 Cr in South and South East Asia which is slated to grow at CAGR of 10 %. Major segments are Vital Nutrition, Pre & Probiotics, Enzymes and Disease preventing products. In the first phase Praj will target the Indian market followed by growing markets overseas.

Praj Matrix – the Innovation center developed the special microbes and molecules after extensive research. This was followed by intense field testing by Industrial Biobased Processes & Products (IBPP) group to establish the product effectiveness.

The IBPP group has been formed to take the biobased products & processes, developed by Praj Matrix-the R&D center, to the market. Biochemicals, Health & Wellness, Agri-inputs are some of the other areas where IBPP will be taking products and processes towards commercialization.

“Worldwide, biobased* products in health & wellness and chemicals/plastic sectors are finding a growing acceptability due to environmental and health concerns. The sheer growth potential globally gives us confidence that we have entered into this area at the right time. Praj Matrix, the R & D facility is mandated to develop processes of unique products which will address this growing market. These products are fast attaining viability and competitiveness.”, said Mr. Pramod Chaudhari, Executive Chairman, Praj.

A 65,000 sq. ft production facility has commenced production of performance enhancers for distilleries and will now take on production of LHN products. The factory, located in the industrial zone near Pune, is designed to world class standards in hygiene.

The facility can be expanded four fold. It will see further ramp up once success of this phase is established.


About Praj Industries Limited:

Praj is a global company that offers innovative solutions to add significant value to bio- ethanol facilities, brewery plants, water & wastewater treatment systems, process engineering, plant & equipment, as well as industrial biobased processes and products for customers worldwide With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on second-generation bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net Mob: 9822430906
Sohini Dam
Asst. Manager,
Corporate Communication
Email: sohinidam@praj.net

06 Nov 2012



Praj accelerates 2nd Generation Ethanol Technology Development by launching a Commercial Demo Plant


Praj Industries, the integrated process engineering and solutions provider for bioethanol, brewery, water & wastewater and process equipment globally shared it’s advancement in the development of Commercial Demo Plant for Lignocellulosic Ethanol.

Praj accelerates 2nd Generation Ethanol Technology Development by launching a Commercial Demo Plant

Munich, November 06th, 2012: Praj Industries, the integrated process engineering and solutions provider for bioethanol, brewery, water & wastewater and process equipment globally shared it’s advancement in the development of Commercial Demo Plant for Lignocellulosic Ethanol.

This is a major game changer for Praj, which has been pursuing the 2nd Generation Program at Praj Matrix-the innovation center, its R & D facility. It is also a significant step forward in transport biofuels.

The decision to scale up this program follows a rigorous pilot plant trial for over 4 years wherein various feedstocks like bagasse, corn cob, etc. have been evaluated. Praj initiated the ‘Lignocellulose to Ethanol’ program to address the need to expand ethanol production from non-food, agri-residue.

Praj has developed extensive proprietary technology and gained significant experience and expertise in each of the unit operations required for the successful development of an integrated, commercial-scale bioethanol plant.

“The successful demonstration of various parameters at the demo-commercial plant will put Praj at the forefront of the biobased economy and in the race for commercial scale second generation biofuels. While this plant size is appropriate for emerging markets, with our past experience of quick scale up, it will be well within Praj’s capability to scale the capacity even up to 10 times. I am pleased to say that Praj will be the first Company in the tropics to set up such an integrated facility.” said Pramod Chaudhari, Executive Chairman, Praj delivering a welcome address at the recent F O Licht, World Ethanol Conference at Munich.

The Demo Commercial Plant

Praj will set up a 10 mln litres pa demo commercial plant in India. This plant will seek to demonstrate technical and commercial viability as well optimization of water and energy integration and its impact on the capex and opex of the commercial financial proposal. The plant will also develop the entire value chain including feed handling (post harvest) and feedsock characteristics and its impact on the operations.

The Engineering Package is ready and Praj has signed an MOU with a customer for the location. Praj is in discussions with other strategic investors/partners for participation.

The Company expects the project cost to be in the region of US$ 25 - 30 mln. Praj expects to break ground in early 2013.

Praj is currently pursuing feasibility on the Biorefinery model based on a sugar platform. There are active programs running on biofuels, biochemicals, health, wellness & nutrition at Praj

Strategic Differentiation

The capex is already very competitive even for a smaller capacity plant. With further integration and scale up, Praj management is sure that its offering will be greatly differentiated, both in terms of capex and opex.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net Mob: 9822430906

29 May 2012



Praj declares Q4 and FY2012 results


Praj Industries (Praj), the integrated process engineering and solutions provider for biofuels, brewery, water & wastewater and process equipment globally, announced its audited financial results for Q4 and FY2012. and process equipment globally, announced its audited financial results for Q4 and FY2012.

60% increase in annual sales revenues and 87% increase in profit before tax (PBT)

May 29, 2012 : Praj Industries (Praj), the integrated process engineering and solutions provider for biofuels, brewery, water & wastewater and process equipment globally, announced its audited financial results for Q4 and FY2012.

Performance Review for Q4 FY2012:

  • Income from operations stood at Rs. 268.10 crore (Rs. 202.86 crore). A growth of 32% over corresponding period in previous fiscal.
  • The EBITDA (excluding other income) was at Rs. 27.77 crore in Q4 FY2012when compared to Rs. 20.18 crore in Q4 FY2011. EBIDTA increased 37% over corresponding quarter in previous fiscal.
  • PBT was Rs. 41.97 crore (Rs. 22.41 crore) for the period at a margin of 14.61% recording a growth of 87%.

Performance Review for FY2012:

  • Income from operations stood at Rs. 880.44 crore (Rs. 552.93 crore). A growth of 60% over previous fiscal.
  • The EBITDA (excluding other income) was at Rs. 83.42 crore in FY2012 when compared to Rs. 48.75 crore in FY2011 at a margin of 9.47%.
  • PBT was Rs. 111.92 crore (Rs. 59.93 crore) for the period at a margin of 12.11% recording a growth of 87%.
  • PAT for FY12 was Rs. 65.82 crore (Rs. 53.46 crore).

“Despite very challenging market environment, Praj has turned in a very satisfying performance. As shared earlier, we are back on track after two very difficult years. We will strive to keep up the momentum,” said Pramod Chaudhari, Executive Chairman, Praj.

Key Developments during the quarter:

  • The consolidated @ order backlog as on date is Rs. 800 crore with 52% from domestic and 48% from international. During the quarter, Praj received additional orders amounting to Rs. 200 crore.
  • The Company recently commissioned a large 400,000 litres per day ethanol plant in northern Peru for Maple Ethanol Company. Praj provided the technology, engineering, equipment and systems and process integration for the sugarcane juice to ethanol plant which will enable Maple to serve the domestic and international fuel ethanol market. The Plant is based on the fundamentals of lower energy cost and low water intake. The plant is designed to meet the highest EU standards.
  • Praj has successfully commissioned the first evaporation based wastewater treatment system for a textile CETP at Tirupur. This successfully demonstrates Praj’s capabilities of handling complex effluent treatment solutions.
  • The Board has recommended dividend of Rs. 1.62 per share (81%) of face value of Rs. 2/- each, subject to approval of shareholders in ensuing AGM of the Company.
  • Last quarter the Board approved the proposal to buyback equity shares at a maximum price of Rs. 90 per share resulting in an aggregate amount not exceeding Rs. 558.639 million. The buyback was concluded on April 24, 2012. The total number of shares bought back under the buyback was 7,313,644 which stand extinguished. Shares were bought back at an average price of Rs. 76.38 per equity share. The total amount utilized in the buyback of equity shares is Rs. 558.638 million.

(@ Includes orders from newly formed local execution subsidiaries)

Attached: Details to the release and results table


  FY12 FY11 Shift (%)
Income from operations 880.44 552.93 60
Other Income 0. 42 2.45 -
Total Income 880.86 555.38 59

Operatiing Profiit (Rs. Crore) - Financial Year on correspondiing Financial Year


  FY12 FY11 Shift (%)
EBITDA 83.42 48.75 71
EBITDA Margin (%) 9.47 8.8 -

PBT, PAT (Rs. Crore) & EPS (Rs.) – Financial Year on correspondiing Financial Year


  FY12 FY11 Shift (%)
PBT 111.92 59.93 87
PAT 65.82 53.46 23
EPS (Basic) 3.58 2.89 24

About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net Phone : 020 39806314
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson,
Email: mayank@cdr-india.com
rishab@cdr-india.com
Phone : 022 6645 1230 / 1238

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward- looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.


20 Jan 2012



Praj declares Q3 and 9MFY2012 results


Praj Industries (Praj), the integrated process engineering and solutions provider for biofuels, brewery, water & wastewater and process equipment globally, announced its unaudited financial results for Q3 and 9MFY2012.

Praj declares Q3 and 9MFY2012 results

Continued business growth supported by inorganic initiatives

January 20, 2012: Praj Industries (Praj), the integrated process engineering and solutions provider for biofuels, brewery, water & wastewater and process equipment globally, announced its unaudited financial results for Q3 and 9MFY2012.

Performance Review for Q3FY2012:

  • Income from operations stood at Rs. 219.25 crore (Rs. 148.24 crore). A growth of 48% over corresponding quarter in previous fiscal.
  • The EBITDA (excluding other income) was at Rs. 20.68 crore in Q3FY2012 when compared to Rs. 11.30 crore in Q3FY2011, a growth of 83%.
  • PBT was Rs. 27.34 crore (Rs. 15.23 crore) for the period at a margin of 11.91% recording a growth of 80% .
  • PAT for Q3FY12 was Rs. 21.50 crore (Rs. 13.66 crore), growth of 57% and the PAT margin stood at 9.36%.

Performance Review for 9MFY2012:

  • Income from operations stood at Rs. 612.85 crore (Rs. 350.68 crore). A growth of 74.76% over corresponding period in previous fiscal.
  • The EBITDA (excluding other income) was at Rs. 55.65 crore in 9MFY2012 when compared to Rs. 28.57 crore in 9MFY2011.
  • PBT was Rs. 69.95 crore (Rs. 37.55 crore) for the period at a margin of 10.98% recording a growth of 86.28%.
  • PAT for 9MFY12 was Rs. 55.66 crore (Rs. 32.91 crore) and the PAT margin stood at 8.74%.

Pramod Chaudhari, Executive Chairman said,”strategic actions implemented over past two years has ensured improved performance inspite of difficult economic conditions worldwide. Praj will continue to pursue newer initiatives and technological advancements in its effort to achieve sustained growth in coming years.”

Key Developments during the quarter:

  • The order backlog as on date is Rs. 900 crore.
  • Praj Industries acquired a 50.2% stake in Mumbai based Neela System Ltd. for Rs. 64 crore. Neela systems is a leader in the high purity water segment. It has a state-of-the-art manufacturing facility at Thane, Mumbai to build US FDA, UKMCA and WHO compliant systems and has business interests in Water Treatment and Modular Process Systems, focused on Pharma, Life Sciences,cosmetics and F & B
  • The Board had approved the proposal of buyback of a maximum of 62.07 lakh shares at a price not exceeding Rs. 90 per share for an aggregate amount of Rs. 55.8 crore. The Buyback commenced on Dec 26, 2011.

Details to the announcement

Total Income (Rs. Crore) – Financial Year on corresponding Financial Year


  Q3FY12 Q3FY11 Shift (%)
Income from operations 219.25 148.24 47.90
Other Income 10.27 6.65 54.43
Total Income 229.52 154.89 48.18

Operating Profit (Rs. Crore) - Financial Year on corresponding Financial Year


  Q3FY12 Q3FY11 Shift (%)
EBITDA 20.68 11.30 83
EBITDA Margin (%) 9.43 7.62 81

PBT, PAT (Rs. Crore) & EPS (Rs.) – Financial Year on corresponding Financial Year


  Q3FY12 Q3FY11 Shift (%)
PBT 27.34 15.23 80.10
PAT 21.50 13.66 57.39
EPS (Basic) 1.16 0.74 56.75

Total Income (Rs. Crore) – Financial Year on corresponding Financial Year


  9MFY12 9MFY11 Shift (%)
Income from operations 612.85 350.68 74.76
Other Income 23.69 17.09 38.61
Total Income 636.54 367.77 73.08

Operating Profit (Rs. Crore) - Financial Year on corresponding Financial Year


  9MFY12 9MFY11 Shift (%)
EBITDA 55.65 28.57 94.78
EBITDA Margin (%) 9.08 8.15 11.41

PBT, PAT (Rs. Crore) & EPS (Rs.) – Financial Year on corresponding Financial Year


  9MFY12 9MFY11 Shift (%)
PBT 69.95 37.55 86.28
PAT 55.66 32.91 69.12
EPS (Basic) 3.01 1.78 69.10

About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net
Phone : 020 39806314
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson,
Email: mayank@cdr-india.com,
rishab@cdr-india.com
Phone : 022 6645 1230 / 1238

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward- looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.


09 Jan 2012



Praj acquires stake in Neela Systems


Praj Industries (Praj), global leaders in renewable energy and environmental technologies, acquired majority stake (50.20%) in Neela Systems Limited for approximately Rs. 64 crores. Future arrangements provide for further increase in stakes by Praj.

Praj acquires stake in Neela Systems

Accelerates entry into High Purity Water in Pharma, Biotech and Life Sciences Sector

January 9, 2012: Praj Industries (Praj), global leaders in renewable energy and environmental technologies, acquired majority stake (50.20%) in Neela Systems Limited for approximately Rs. 64 crores. Future arrangements provide for further increase in stakes by Praj.

Neela is a Mumbai based Company having business interests in Water Treatment and Modular Process Systems, focused on Biotech, Pharma, Life Sciences and Cosmetics Industries. Although Neela will now become a subsidiary of Praj, it will continue to operate as an independent entity.

Established in 1989 by Mr.Himanshu Shah, Neela has a turnover of approximately Rs.90 crores, including exports. It is a leader in high purity water segment. Neela has a state-of-the-art manufacturing facility at Wada, Thane to build US FDA, UKMCA and WHO compliant systems. The Company has been growing and clocking profits over the years. The global reach and involvement of Praj is expected to enable accelerated growth for Neela.

“Praj was scouting for acquisitions in the area of water & wastewater treatment (W & WWTP) since it entered the space in early 2010. addresses areas wherein Praj wants to build a stronger presence, globally” said Pramod Chaudhari, Chairman, Praj Industries.

The Pharma and F & B sectors have been showing strong growth in India and emerging economies. Going forth, these sectors will see further expansion. As per the study conducted by Praj on business opportunities in W & WWTP applications, these sectors are major focus areas as it has very specific requirement of high purity water and critical wastewater treatment. Neela is a niche player in the high purity water treatment for the Biotech, Pharma, Life Sciences and Cosmetics.

This acquisition will provide Praj with a deeper and wider penetration into the fast-growing, specialized Pharma and Life Sciences segment.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net Phone : 020 39806314
Cell No. 9822430906

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward- looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

30 Nov 2011
13 Oct 2011
22 Jul 2011
21 Jan 2011
05 Jan 2011

30 Nov 2011



Praj Announces Winners of Maha-Intrapreneur Award 2011


Praj Industries, global biofuels technology and engineering Company announced the names of winners of the ‘Maha-Intrapreneur Awards 2011’. This award honors and recognizes the efforts of ‘Intrapreneurs’ or ‘Corporate Entrepreneurs’ who put in their hard-work and efforts in accelerate the growth and profit of their companies. This year too, amongst a very competitive group of contestants, 6 most talented ‘Intrapreneurs’ have been selected by the distinguished jury1. The awards have been instituted by Praj in association with Symbiosis Institute of Business Management (SIBM,Pune), who are the knowledge partners in this initiative.

Praj Announces Winners of Maha-Intrapreneur Award 2011

Pune, November 30th, 2011: Praj Industries, global biofuels technology and engineering Company announced the names of winners of the ‘Maha-Intrapreneur Awards 2011’. This award honors and recognizes the efforts of ‘Intrapreneurs’ or ‘Corporate Entrepreneurs’ who put in their hard-work and efforts in accelerate the growth and profit of their companies. This year too, amongst a very competitive group of contestants, 6 most talented ‘Intrapreneurs’ have been selected by the distinguished jury1. The awards have been instituted by Praj in association with Symbiosis Institute of Business Management (SIBM,Pune), who are the knowledge partners in this initiative.

The awards will be presented in an award function on December 24th, 2011 at the hands of Chief Guest Dr. Abhay Firodia, Chairman and Managing Director, Force Motors Limited & President, MCCIA in the presence of Pramod Chaudhari, Executive Chairman, Praj Industries Limited.

Winners of the Category A – Industry and Business are
Harshvardhan Jajoo - CEO & MD, CAN- PACK India Pvt Ltd, Aurangabad
P.C. Nambiar - Director – Group Exim, Serum Institute of India Ltd.

The Two Winners for Category Cat B- NGOs, Semi Government, Society and Trusts

Dr Anil Sahasrabudhe - Director, College of Engineering, Pune
Yogesh Kulkarni - Executive Director, Vigyan Ashram, Pabal, Dist Pune

winners for the ‘Women Intrapreneur Awards 2011’ under each category are
Cat A – Shobha Santosh - Director, Fujitsu Consulting India, Pune
Cat B - Meera Badve - Founder Director, Niwant Andh Mukta Vikasalaya, Pune

Lifetime Achievement Award:

A Lifetime Achievement Award is being conferred on the well known Economist Dr. Vijay Kelkar, who has held prominent positions in the Central Government including the Planning Commission (1973-77) and Commerce Ministry (1977) as Economic Adviser. He was the Secretary to the Economic Advisory Council to the Prime Minister between 1985 and 1988. In 1994, he was appointed as Secretary, Ministry of Petroleum. He was made Finance Secretary in 1998. Dr. Kelkar recently completed his term as Chairman, Finance Commission, Government of India.

On International Fora, he was Executive Director in the International Monetary Fund (IMF). He was the Director & Coordinator, International Trade Division of the United Nations Conference on Trade and Development, Geneva, Switzerland, 1991-1994. Dr. Vijay Kelkar has been elected Chairman, Board of the Forum of Federations, Ottawa, Canada, with effect from January 1, 2010.

He is currently the Chairman of National Stock Exchange of India Limited, Mumbai. He was conferred the Padma Vibhushan in January 2011, for his distinguished and exceptional service to the Nation.

Rewards for the Award Winners

Each Awardee in Category A will be presented a trophy of “Praj Maha-Intrapreneur Award”, “Certificate of Appreciation” and Fellowship of upto Rs. 100,000/- (Rupees One Lakh) to attend Executive Development Programme from any reputed institute in India. Each Awardee in Category B will be presented a trophy of “Praj Maha-Intrapreneur Award”, “Certificate of Appreciation” and Rs. 100,000/- (Rupees One Lakh) will be awarded to the individual winners/ organization.

On this occasion Pramod Chaudhari, Executive Chairman, Praj Industries said, “Every year the bar of this award gets raised by the quality nominations that we receive from across industries. We have received very encouraging response for all the award categories including for the ‘Women Intrapreneur Awards’. Tough times need tough people. Intrapreneurs provide the shock absorbers to an organization with fresh ideas and by building great teams.”

Applications were received from various industries like Manufacturing, Service, Engineering, Projects, Automobile, Packaging, Pharma, Chemical, IT, Insurance and organizations like NGOs, Educational Institutes and Hospital etc.

The jury panel for both categories consisted of eminent personalities. As shared by them, they had a tough time in selecting the winners as the entries were from amongst the best of professionals in their own fields.


Jury:

Category A: Industry and Business

Ms Meher Pudumjee – Chairperson of Thermax, India Limited, Mr. Prakash Kulkarni- Ex MD, Thermax India Limited, Mr. Sudheer Tilloo – Management Consultant, Mr. R.R. Deshpande - Executive Director, Kirloskar Oil Engines Ltd, Pune and Mr Nilay Ghosh-Management Consultant.

Category B: NGO/Educational Institutes/Trusts/Semi-Government

Mr. Pradeep Bhargava - Managing Director, Cummins Generator Technologies Pvt. Ltd, Mr. Daljit Mirchandani- Advisor, Praj Industries Limited, Mr. Anosh Malekar - Resident Editor, Pune Mirror and Ms. Anjali Maydeo- Senior Lecturer, Karve Institute of Social Service


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to significantly add value in bio-ethanol, bio-diesel and brewery plants and related wastewater treatment systems as well as process plant & equipment for customers, worldwide. Praj is a knowledge based company with expertise and experience in Bioprocesses and engineering. It delivers know how, License, engineering design, plant & equipment, project management, commissioning and customer care and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India.

About SIBM, Pune

Established in 1978, Symbiosis Institute of Business Management, Pune is in its 30th year of service to the student community. The flagship brand of Symbiosis, it is recognized as one of the best B-schools in the country. SIBM, Pune is also ranked fourth among Indian business schools consistently for 3rd year by Business Today magazine. SIBM, Pune provides Corporate Education through its diploma programs to various corporates , Indian and MNCs alike. Combining theory with practical business, classroom teaching with Management Development Programmes, SIBM, Pune offers its students a classic mix of academic and business knowledge.

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net Phone : 020 39806314
Cell No. 9822430906
Sohini Dam
Email: sohinidam@praj.net
Phone: 020-66754000/22922001
Cell No. 9096053312
Tushar Joshi
Email: hundredpercentpr@gmail.com
Phone: 020-66754000/22922001
Cell No: 9821414845

Backgrounder on Praj Maha-Intrapreneur Award

The Praj Maha-Intrapreneur Award was launched in 2008 during the Silver Jubilee Celebration of Praj Industries. In order to promote ‘Intrapreneurship’ Praj organized ‘The Maha-Intrapreneur 2008’ program where six distinguished ‘Intrapreneurs’ shared their experiences.

On the same day Praj also bestowed ‘Maha-Intrapreneur 2008’ award upon three successful professionals who are at the fore-front of their profession - Dr. Sivaram, Director, NCL, Pune, Mr. Prakash Kulkarni, Ex MD, Thermax India Limited and Dr. Dhananjay Kelkar, Medical Director, Dinanath Mangeshkar Hospital & Research Centre and a Trustee of Jnana Prabodhini Medical Trust, Pune for their entrepreneurial approach leading to exemplary achievements in their respective professions

13 October 2011



Praj Q2 & H1 2012 Results


Praj Industries (Praj), the integrated process solutions provider for biofuels, brewery, water & wastewater and process equipment globally, announced its unaudited financial results for Q2 and HY2012.

Praj declares Q2 and H1FY2012 results

Growth in sales, profit and Order Book

October 13, 2011: Praj Industries (Praj), the integrated process solutions provider for biofuels, brewery, water & wastewater and process equipment globally, announced its unaudited financial results for Q2 and HY2012.

Performance Review for Q2FY2012:

  • Income from operations stood at Rs. 228.90 crore (Rs. 108.77 crore). A growth of 110% over corresponding quarter in previous fiscal.
  • The EBITDA was at Rs. 19.29 crore in Q2FY2012 when compared to Rs. 8.60 crore in Q2FY2011, a growth of 124%.
  • PBT was Rs. 25.36 crore (Rs. 10.32 crore) for the period at a margin of 11% recording a growth of 145% .
  • PAT for Q1FY12 was Rs. 20.53 crore (Rs. 8.90 crore), growth of 130% and the PAT margin stood at 9%.

Performance Review for H1FY2012:

  • Income from operations stood at Rs. 393.61 crore (Rs.202.44 crore). A growth of 95% over corresponding period in previous fiscal.
  • The EBITDA was at Rs. 32.27 crore in HY2012 when compared to Rs. 11.62 crore in H1FY2011.
  • PBT was Rs. 42.62 crore (Rs. 22.34 crore) for the period at a margin of 11% recording a growth of 91% .
  • PAT for HY12 was Rs.34.16 crore (Rs. 19.27 crore) and the PAT margin stood at 9%.

Key Developments during the quarter:

  • The order backlog as on date is Rs. 900 crore. Order intake during the quarter was Rs. 270 crores.
  • Company received a key order from Illovo Sugar, a South African sugar major. This is the fourth Greenfield project contracted by Praj over the last two years in Africa region. The other orders include Addax Bioenergy project in Sierra Leon and Mumias Sugar in Kenya.
  • New businesslines like water & wastewater treatment plants are also showing traction with a major order win from Tirupur Industrial Belt for textile common effluent treatment (CETP).
  • Praj has formed a wholly owned subsidiary, Praj South Africa PTY Ltd. and Praj Tanzania (a subsidiary of Praj South Africa) as part of the execution model of the Company in Africa.
  • The Company inaugurated its new manufacturing facility at Kandla for manfacture of high thickness pressure vessels and static equipment such as Heat Exchangers, Columns, Reactors etc required for Oil & Gas, Refineries, Petrochemicals and other high pressure applications. This puts the Company’s manufacturing infrastructure in league with the top players in the industry.
  • The Company also inaugurated a cGMP compliant production plant at Jejuri, near Pune for its range of biotech products which will be used in the production of ethanol, beer and sugar.

Details to the announcement

Total Income (Rs. Crore) – Financial Year on corresponding Financial Year

  Q2FY12 Q2FY11 Shift (%)
Income from operations 228.90 108.77 110
Other Income 8.99 4.44 102
Total Income 237.89 113.21 110

Operating Profit (Rs. Crore) - Financial Year on corresponding Financial Year


  Q3FY12 Q3FY11 Shift (%)
EBITDA 19.29 8.60 124
EBITDA Margin (%) 8.42 7.90 7

PBT, PAT (Rs. Crore) & EPS (Rs.) – Financial Year on corresponding Financial Year


  Q2FY12 Q2FY11 Shift (%)
PBT 25.33 10.32 145
PAT 20.53 8.90 130
EPS (Basic) 1.11 0.48 131

Total Income (Rs. Crore) – Financial Year on corresponding Financial Year


  H1FY12 H1FY11 Shift (%)
Income from operations 393.61 202.44 95
Other Income 13.42 10.44 29
Total Income 407.03 212.88 92

Operating Profit (Rs. Crore) - Financial Year on corresponding Financial Year


  H1FY12 H1FY11 Shift (%)
EBITDA 32.27 11.62 178
EBITDA Margin (%) 8.20 5.74 43

PBT, PAT (Rs. Crore) & EPS (Rs.) – Financial Year on corresponding Financial Year


  H1FY12 H1FY11 Shift (%)
PBT 42.62 22.34 91
PAT 34.16 19.27 77
EPS (Basic) 1.85 1.04 78


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net
Phone : 020 39806314
Fax: 022 2295 1718
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson,
Email: mayank@cdr-india.com
rishab@cdr-india.com
Phone : 022 6645 1230 / 1238
Fax: 022 6645 1213

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward- looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

22 Jul 2011



Praj declares Q1FY2012 results


Praj Industries (Praj), globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced its unaudited financial results for Q1FY2012.

Praj declares Q1FY2012 results

Significant Order Wins during the Quarter

July 22, 2011: Praj Industries (Praj), globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced its unaudited financial results for Q1FY2012.

Performance Review for Q1FY2012:

  • Income from operations stood at Rs. 164.71 crore (Rs. 93.67 crore). A growth of 73% over corresponding quarter in previous fiscal.
  • The EBITDA was at Rs. 15.71 crore in Q1FY2012 when compared to Rs. 8.68 crore in Q1FY2011. The EBITDA margins (excluding other income) was 9.53%
  • PBT was Rs. 17.29 crore (Rs. 12.01 crore) for the period at a margin of 10.5% recording a growth of 42%.
  • PAT for Q1FY12 was Rs. 13.67 crore (Rs. 10.36 crore) and the PAT margin stood at 8.29%.

The Company is experiencing positive trends in the market with order book on the rise.

Key Developments during the quarter:

  • The order backlog as on date is Rs. 850 crore resulting in a net addition of Rs. 100 crores during the quarter. Order intake during the quarter was Rs. 265 crores
  • Company received a key order from Colombian (South America) Petroleum Company of Rs. 93 crores during the quarter. The order is very prestigious and with this Praj will continue to maintain substantial market share in Colombia.
  • The shareholders of the company approved a divided of Rs. 1.26 per share of face value Rs. 2.00 each at the Annual General Meeting held today. This works out to a divided rate of 63%.
  • New businesses like Water & Wastewater Treatment Plants have made steady progress during the quarter. The group won its first overseas order for a water treatment plant for an ethanol plant.

Key Developments during the second quarter:

  • Praj entered into a Strategic Partnership with Qteros to accelerate Global Commercialization of Cellulosic Ethanol. The agreement leverages Qteros’ broadly patent protected and highly flexible CBP platform with Praj’s research capabilities and its technology, process design, engineering and construction expertise to deliver fully integrated engineering design packages for the lowest cost production of ethanol from a broad variety of non-food based feedstocks.
  • Mr. Gajanan Nabar has been appointed as CEO and Managing Director of Praj Industries Ltd. Mr. Nabar has over 22 years of multi-functional management experience and has prior experience in Praxair, Monsanto, Asian paints & BASF.
  • The Order pipeline has demonstrated greater visibility during the quarter and the Company received orders of Rs. 250 crore during the quarter. This included an order from Argentina and one from Europe for a project in Africa. After adjusting for revenues during the quarter, the Order Backlog as on December 31, 2010 was Rs. 700 crore.

Details to the announcement

Total Income (Rs. Crore) – Financial Year on corresponding Financial Year

  Q1FY12 Q1FY11 Shift (%)
Income from operations 164.71 93.67 75.84
Other Income 4.43 6.00 (26)
Total Income 169.14 99.67 69.70

Operating Profit (Rs. Crore) - Financial Year on corresponding Financial Year


  Q1FY12 Q3FY11 Shift (%)
EBITDA 15.71 8.68 80.9
EBITDA Margin (%) 9.53 9.27 2.80

PBT, PAT (Rs. Crore) & EPS (Rs.) – Financial Year on corresponding Financial Year


  Q1FY12 Q3FY11 Shift (%)
EBITDA 15.71 8.68 80.9
EBITDA Margin (%) 9.53 9.27 2.80

About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net
Phone : 020 39806314
Fax: 022 2295 1718
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson,
Email: mayank@cdr-india.com
rishab@cdr-india.com
Phone : 022 6645 1230 / 1238
Fax: 022 6645 1213

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward- looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

21 Jan 2011



Praj declares Q3 & 9M FY2011 results


Praj Industries (Praj), globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced its unaudited financial results for Q3 & 9M FY11.

Praj declares Q3 & 9M FY2011 results

January, 21, 2011: Praj Industries (Praj), globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced its unaudited financial results for Q3 & 9M FY11.

Performance Review for Q3 FY2011:

  • Income from operations stood at Rs. 148.24 crore (Rs.147.35crore).
  • The EBITDA (excluding other Income) was at Rs. 11.30 crore in Q3FY2011 when compared to Rs. 33.35 crore in Q3 FY2010. The EBITDA margins (excluding other income) was 7.62%
  • PBT was Rs. 15.23 crore (Rs. 35.67 crore) and the PBT margin stood at 10.27%.
  • PAT was Rs. 13.66 crore (Rs. 29.14 crore) and the PAT margin stood at 9.21%.

Performance Review for 9M FY2011:

  • Income from operations stood at Rs. 350.06 crore (Rs. 474.51 crore).
  • The EBITDA was at Rs. 28.57 crore in Q3FY2011 when compared to Rs. 101.82 crore in 9M FY2010. The EBITDA margins (excluding other income) was 8.16%
  • PBT was Rs. 37.55 crore (Rs. 114.42 crore) for the period at a margin of 10.72 %
  • PAT for 9M was Rs. 32.91 crore (Rs. 94.07 crore) and the PAT margin stood at 9.40%.

Key Developments during the second quarter:

  • Praj entered into a Strategic Partnership with Qteros to accelerate Global Commercialization of Cellulosic Ethanol. The agreement leverages Qteros’ broadly patent protected and highly flexible CBP platform with Praj’s research capabilities and its technology, process design, engineering and construction expertise to deliver fully integrated engineering design packages for the lowest cost production of ethanol from a broad variety of non-food based feedstocks.
  • Mr. Gajanan Nabar has been appointed as CEO and Managing Director of Praj Industries Ltd. Mr. Nabar has over 22 years of multi-functional management experience and has prior experience in Praxair, Monsanto, Asian paints & BASF.
  • The Order pipeline has demonstrated greater visibility during the quarter and the Company received orders of Rs. 250 crore during the quarter. This included an order from Argentina and one from Europe for a project in Africa. After adjusting for revenues during the quarter, the Order Backlog as on December 31, 2010 was Rs. 700 crore.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
VP, Corporate,
Email: vinatimoghe@praj.net
Phone : 020 39806314
Fax: 022 2295 1718
Mayank Vaswani / Rishab Barar
Citigate Dewe Rogerson,
Email: mayank@cdr-india.com
rishab@cdr-india.com
Phone : 022 6645 1230 / 1238
Fax: 022 6645 1213

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward- looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

05 Jan 2011



Strategic Partnership Accelerates Commercialization of Cellulosic Ethanol


Companies to jointly develop licensable Process Design Packages using Qteros' CBP platform and Praj's Experience across 450 ethanol plants for the production of lowest cost ethanol from sugarcane, corn and wheat residuals.


Praj Industries and Qteros Announce Broad Strategic Partnership to Accelerate Global Commercialization of Cellulosic Ethanol

Companies to Jointly Develop Process Design Packages (PDPs) that Enable Lowest Cost, Commercial-Scale Ethanol Production from Sugarcane, Corn and Wheat Residuals

Qteros’ Consolidated Bioprocessing (CBP) Platform to Serve as PDP Technology Foundation; Enables Highly Streamlined Engineering Design and Delivers World-Class Economic Returns to Ethanol Producers

Praj’s Experience and Installed Base of More than 450 Ethanol Plants Around the World Accelerates Commercialization Pathway for PDPs

Pune, India and Marlborough, MA, USA, January 5/4, 2011: Praj Industries Limited (BSE: 522205 | NSE: PRAJIND), a global leader in the development of innovative technology and engineering solutions for the production of biofuels and biochemicals and Qteros, Inc., the developer of a unique and highly efficient Consolidated Bioprocessing (CBP) platform for the lowest cost production of cellulosic ethanol, today announced a strategic partnership to accelerate commercialization efforts for industrial-scale cellulosic ethanol production. The agreement leverages both Qteros’ broadly patent protected and highly flexible CBP platform with Praj’s research capabilities and its technology, process design, engineering and construction expertise to deliver fully integrated engineering design packages for the lowest cost production of ethanol from a broad variety of non-food based feedstocks.

“An optimized and streamlined consolidated bioprocessing platform offers the potential to provide important production cost efficiencies and economic returns to global ethanol producers,” stated Pramod Chaudhari, Founder and Executive Chairman, Praj Industries Ltd., and Chairman, Praj Group. “Praj has achieved significant milestones in second generation, cellulosic ethanol technology development. We have also evaluated the complete market landscape for cellulosic ethanol conversion technologies and we believe Qteros’ CBP platform potentially offers the most advanced technology solution to enable the lowest cost production of cellulosic ethanol across a broad array of important non-food based feedstocks. We believe this partnership will enhance the results of the developmental breakthroughs achieved by Praj Matrix, the Research and Development (R&D) division of Praj, which has worked with virtually all types of cellulosic biomass at its pilot plant. Building on its experience of installing ethanol plants in over 50 countries, Praj will bring an integrated approach to the partnership in the second generation bioethanol space.”

“Our partnership with Praj represents a transformational initiative for Qteros,” stated John A. McCarthy, Jr., President and Chief Executive Officer of Qteros. “We and Praj share close strategic and philosophical alignment about the worldwide opportunities for large-scale cellulosic ethanol production and believe that commercial success can only be achieved with low-cost, highly scalable solutions made possible through creative and best-in-class partnerships such as that crafted between our two companies. Praj and Qteros bring together highly complementary skill sets and core competencies which we expect will catalyze our ability to develop the industry’s low cost solution – both from an operating and capital perspective – for large-scale cellulosic ethanol production. Achieving our combined objective will then provide the industry with a much-needed accelerant for worldwide growth and will also enable our two companies to establish leadership roles in this rapidly evolving global market. We look forward to making our shared vision with Praj a commercial reality within the next 18-24 months.”

Partnership Overview

Praj and Qteros will collaborate on a highly focused, multi-year development program with the objective of rapidly developing and commercializing Process Design Packages (PDPs) that enable cellulosic ethanol production using Qteros’ Q Microbe®-enabled CBP platform and Praj’s technology and expertise in the conversion of biomass to ethanol. This unique licensing model serves to provide both a highly efficient and low-cost solution to the market, while also allowing Qteros and Praj to deploy their capital in an efficient and leveraged manner. Importantly, the companies plan to retrofit Praj’s existing pilot plant in Pune, India with Qteros’ technology platform, which will then become the foundation for accelerated production scaling as part of its commercial planning.

Initially, the companies will focus their efforts on developing PDPs for feedstocks that include sugarcane, corn and wheat residuals with the goal of achieving commercial-readiness by the end of 2012. The companies believe that their initial commercial plans will focus on Praj’s existing broad base of ethanol customers seeking to add co-located cellulosic ethanol facilities to their existing ethanol infrastructure. Based on the achievement of certain development and commercialization milestones, Qteros and Praj may elect to broaden the partnership to incorporate additional feedstocks, and potentially other biochemical products to be derived from Qteros’ unique microorganism-based platform.

Praj’s Technology and Expertise in the Conversion of Biomass to Ethanol: Accelerating Process Development and Enabling Rapid Commercialization

For more than 25 years, Praj has developed extensive proprietary technology and gained significant experience and expertise in each of the unit operations required for the successful development of an integrated, commercial-scale bioethanol plant. Praj Matrix, the R & D division of Praj, has focused for more than five years on a unique and proprietary technology platform to pretreat a variety of lignocellulosic biomass to produce hemicellulosic and cellulosic derivatives in a highly efficient and cost-effective manner. Further, the laboratory and pilot plant facilities at Praj Matrix allow for the fully integrated development and demonstration of ethanol conversion technology. The full combination and integration of Praj’s demonstrated technology, experience and expertise together with its R&D capabilities will accelerate process development and enable rapid commercialization of cellulosic ethanol conversion technology.

Qteros’ CBP Platform: Enabling Lowest Cost Production of Cellulosic Ethanol

The uniqueness of Qteros’ CBP platform is centered on the Company’s proprietary microorganism, the Q Microbe® (Clostridium phytofermentans) - a naturally occurring “biorefinery” that produces virtually all enzymes required for biomass degradation into pentose and hexose sugars, while simultaneously co-fermenting all these sugars into ethanol as its natural metabolic end product. The organism’s innate biological ability to produce ethanol from biomass enables Qteros to focus its development efforts on optimizing the organism’s effectiveness for industrial-scale production. This highly streamlined engineering solution therefore results in significantly lower operating and capital costs of production for producers versus other competitive technology solutions. Moreover, the Q Microbe® is feedstock flexible, producing high yields of cellulosic ethanol from a broad range of non-food biomass materials, including, among others, sugarcane bagasse, corn stover and cobs, and a broad variety of energy crops.

The Global Demand for Cellulosic Ethanol

The market demand for cellulosic ethanol is supported by mandates from governments around the world. Specifically in the United States, landmark legislation such as The Energy Independence and Security Act (EISA) of 2007 calls for the blending of 16 billion gallons of cellulosic ethanol into the annual fuel supply by 2022. Driven by numerous macro-economic trends including energy security and environmental preservation, many other nations are aggressively implementing renewable energy standards and driving demand for the use of advanced fuels from biomass-derived, renewable feedstocks. In 2009, the worldwide market for ethanol was estimated at approximately $40 billion.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

About Qteros, Inc.

Qteros’ mission is to accelerate the global commercialization of large-scale, lowest-cost cellulosic ethanol production. Qteros has teamed with a core group of world-class strategic partners that complement and leverage our advanced microbiology and process engineering expertise. Working closely with its strategic partners, Qteros expects to rapidly scale its highly efficient, lowest-cost Consolidated Bioprocessing (CBP) platform for converting non-food biomass into biofuels. Qteros is funded by leading investors in the alternative energy industry including, among others, Venrock Associates, Battery Ventures, BP Technology Ventures, Soros Fund Management LLC, and Valero Energy Corporation. For more information, please visit www.qteros.com
For further information, please contact:


For Qteros:
Sue Hager
Vice President, Corporate Communications
& Government Affairs
508-251-6339
Email: shager@qteros.com
For Praj Industries:
Vinati Moghe
Vice President, Corporate
Pnone No: + 91 20 398 06314
Mob: 91-9822430906
Email: vinatimoghe@praj.net

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward- looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

07 Dec 2010
02 Nov 2010
19 Jul 2010
22 Apr 2010

07 Dec 2010



Praj Announces Winners of Maha-Intrapreneur Award 2010


Praj Industries, globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced the winners of the ‘Maha-Intrapreneur Awards 2010’.

Praj Announces Winners of Maha-Intrapreneur Award 2010

Pune, December 7th, 2010: Praj Industries, globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced the winners of the ‘Maha-Intrapreneur Awards 2010’, the first of its kind in India. Out of a batch of highly qualified and motivated contestants, 6 most promising ‘Intrapreneurs’ have been selected by a distinguished jury panel.

The Maha-Intrapreneur awards aim at identifying and rewarding professionals who display ‘Intrapreneural’ skills and qualities in their actions and results in their respective organizations. The awards have been instituted by Praj in association with Symbiosis Institute of Business Management (SIBM) Pune, who are the knowledge partners in this initiative.

The awards will be presented in a gala award function on December 18th, 2010 at the hands of Chief Guest Arun Nanda, Director, Mahindra & Mahindra Ltd. in the presence of Kishor Chaukar, Managing Director, Tata Industries Limited.

Winners of the Category A – Industry and Business are:

Uday Godbole – DIRECTOR, Abiocr Binzel Production (India) Pvt. Ltd.
Avinash Purandare - Vice President and Head Corporate Global Marketing and Strategy, Kirloskar Brothers Ltd.

Winners for Category Cat B- NGOs, Semi Government, Society and Trusts:

Dr. Girish Kulkarni - Hon. Director, Snehalaya, Pune
Dr Madhav Sathe - Jt.Hon Secretary, The Bombay Mothers And Children Welfare Society, Mumbai

Winners for the ‘Women Intrapreneur Awards 2010’:

Cat A - Mandakini Awasarmol - MANAGER – HRD, MORARJEE TEXTILES LTD, Nagpur
Cat B - Ms. Kalpana Pant - Joint Director, Chaitanya, Pune

Lifetime Achievement Award: The Maha-Intrapreneur Life Time Achievement Award of 2010 will be conferred upon Dr. Vijay Bhatkar who is one of the internationally acclaimed scientist and IT leader of India.

This award is in recognition of his innovative and professional approach in bringing IT to the doorsteps of masses through wide-ranging path-breaking initiatives. Apart from being an Architect of PARAM Supercomputer, his role as an Institute Builder of several national level organizations such as C-DAC, ER& DC, ETH Research Lab and now Multiversity is admirable.

Praj would like to recognize his contribution in the field of supercomputing, artificial intelligence, science and philosophy. We also appreciate his continued contribution in various academic and social activities on different forums and Institutes till date through this Award.

Each Awardee in Category A will be presented a trophy of “Praj Maha-Intrapreneur Award”, “Certificate of Appreciation” and Fellowship of maximum of Rs. 100,000/- (Rupees One Lakh) to attend Executive Development Programme from any reputed institute in India.

Each Awardee in Category B will be presented a trophy of “Praj Maha-Intrapreneur Award”, “Certificate of Appreciation” and Rs. 100,000/- (Rupees One Lakh) will be awarded to the awardees organization.

On this occasion Pramod Chaudhari, Chairman, Praj Industries said, “It gives us immense pleasure to announce the winners for the ‘Maha Intrapreneur Awards 2010’. We have received a very encouraging response for all the award categories including the two new awards that we introduced this year for ‘Women Intrapreneurs’. These two awards have been introduced to encourage more women professionals who can then become role models for others to follow. We have received applications from diverse industries, public sector and social organizations. As the economy emerges from the slowdown, we can see the impact of intrapreneurial talent on performance of various organizations. This is the 3rd year of the award and we are very happy to see the way it is gaining momentum with every approaching year”

Applications were received from locations as spread out as Ahmednagar, Nashik, Aurangabad, Jalgaon, Thane, Kolhapur and Nagpur, apart from Mumbai and Pune.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

About SIBM, Pune

Established in 1978, Symbiosis Institute of Business Management, Pune is in its 30th year of service to the student community. The flagship brand of Symbiosis, it is recognized as one of the best B-schools in the country. SIBM, Pune is also ranked fourth among Indian business schools consistently for 3rd year by Business Today magazine. SIBM, Pune provides Corporate Education through its diploma programs to various corporates , Indian and MNCs alike. Combining theory with practical business, classroom teaching with Management Development Programmes, SIBM, Pune offers its students a classic mix of academic and business knowledge.
For further information, please contact:


Vinati Moghe
Praj Industries Ltd,
Vice President Corporate
Phone : 020 2295 2214 / 1718;
Fax: 022 2295 1718;
Mob: 9822430906
Email: vinatimoghe@praj.net
Tushar Joshi
Hundredpercent PR,
Mob: 91-9821414845
Email: hundredpercentpr@gmail.com

1.Jury:

Category A: Large and Medium Scale Industries

Mr Nilay Ghosh-Management Consultant, Ajit Chaphalkar - CEO & Co-founder BioAnalytical Technologies, Pune, V.Balasubramanian-Vice President, KEC International Ltd., Dilip Saravate- Professor & management Consultant, Pune and Suhas Baxi - Managing Director , Demag Cranes & Components (India) Pvt. Ltd.

Category B: NGOs and Educational Institutions

Yashashree Gurjar - Group Head, Corporate Social Responsibility, Avantha Group, Prof. H.K.Abhyankar - Vice President, Vishwakarma Group of Institutes, Y. H. Gharpure - Industrial & Management Consultant, Gharpure Consulting Engineers P. Ltd, Vikram Salunke - Managing Director, Accurate Engineering Co. Pvt. Ltd and Dr C D Thatte - Management Advisor.

2.Intrapreneurial Skills:

Intrapreneurship is the intra-corporate counterpart of entrepreneurship. Intrapreneurship means "a person within a corporation/organization who takes direct responsibility for turning an idea into a profitable finished product/service through assertive risk-taking and innovation and leadership. At Praj, Intrapreneurship is rewarded as a special trait amongst employees.”

For more details on Maha-Intrapreneur Awards and Intrapreneurship,
visit www.mahaintrapreneur.com

02 Nov 2010



Praj appoints Gajanan Nabar as CEO & MD


Praj Industries (Praj), globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced the Board’s approval for the appointment of Mr. Gajanan Nabar as CEO & Managing Director effective 15th November, 2010.


Praj appoints Gajanan Nabar as CEO & MD

Pune. November 2, 2010: Praj Industries (Praj), globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced the Board’s approval for the appointment of Mr. Gajanan Nabar as CEO & Managing Director effective 15th November, 2010.

Mr. Nabar has over 22 years of multi-functional management experience. His last assignment was as Managing Director of Praxair India Private limited. During his tenure of 8 years with Praxair, he has managed various roles in Operations, Projects and Business development. He was deputed to Company’s technical centre at Buffalo, New York as Business Development Director for leading capital projects in the United States. Shortly upon his return to India, he took over as Managing Director of the Company. Under his stewardship, the Company consolidated its position as the number one Industrial Gases Company in India.

Prior to joining Praxair, he worked with Monsanto India for seven years and was responsible for setting up Monsanto’s first chemical JV in Asia for the specialty resins. Subsequently he moved to the agriculture and Biotech side of the business and led a successful alliance with Rallis India for Sales and distribution of Seeds and Chemicals. From 1988 to 1996 he managed a variety of roles of growing responsibilities in Sales, Marketing and Business development with Asian paints and BASF.

He is an active member of the American Chamber of Commerce, CII and BCIC and a member of the Young Presidents Organization (YPO).

He holds Master’s degree in Polymer Chemistry and a Masters in Management from Bombay University. He was conferred a diploma by Plastic and Rubber Institute, London and has completed the Executive development program of Wharton Management School.

“Induction of Mr. Nabar is another step towards institutionalization of the Company. His experience of handling customers in diverse industries globally, is complimentary to Praj’s own diversified portfolio, especially the new lines of businesses of water & wastewater treatment solutions and process equipment. I am sure he will prove to be an able leader and steer the Company into a new trajectory”, shared Mr. Pramod Chaudhari, Chairman, Praj Industries.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

For further information, please contact:


Vinati Moghe
Praj Industries Ltd,
Vice President Corporate
Phone : 020 2295 2214 / 1718;
Fax: 022 2295 1718;
Mob: 9822430906
Email: vinatimoghe@praj.net

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward-looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

19 July 2010



Praj Maha-Intrapreneur Awards 2010 Announced


Praj Industries, global biofuels technology and process engineering Company announced the ‘Maha-Intrapreneur Awards 2010’ in association with Symbiosis Institute of Business Management (SIBM, Pune), Pune, who are the knowledge partners for this initiative.


Two new awards introduced for ‘Women Intrapreneurs’

Pune, July 19th, 2010: Praj Industries, global biofuels technology and process engineering Company announced the ‘Maha-Intrapreneur Awards 2010’ in association with Symbiosis Institute of Business Management (SIBM, Pune), Pune, who are the knowledge partners for this initiative. The awards are focused upon identifying and rewarding professionals who display ‘Intrapreneural’ skills and qualities in their actions and results in various organizations. The function was graced by the Chief Guest for the event Mr. Anand Deshpande, CEO and MD, Persistent Systems Limited, Pramod Chaudhari, Chairman, Praj Industries, Dr. S.B. Mujumdar, Chancellor, Symbiosis International (Deemed University) Shashank Inamdar, CEO and MD, Praj Industries, Dr. M.S Raste, Vice Chancellor, Symbiosis International (Deemed University), Dr Dhananjay Keskar, Director, IBS, Pune, Dr. Vivek sane, Director, SIBM, Pune and Mr. V. Balasubramanian, Executive Vice President, KEC, Mumbai

There are two broad categories for the Awards - A) Industry and Business and B) NGO/Semi-Government organization, Educational Institution, Society and Trust with two awards for each category. In addition to this, a Lifetime Achievement award will be conferred for the Intrapreneurship qualities exhibited by an individual. This year one award has been added in each category to recognize Women Intrapreneurs. The winners of this award will get recognition and appreciation on a bigger platform for their achievements and valuable contributions. The recognition will also help organizations initiate and encourage “Culture of Intrapreneurship” which in turn will go a long way in organizational development and institution building.

The website, www.mahaintrapreneur.com provides all the information as well as application forms. In the first phase, the applications will be scrutinized and evaluated by an independent Panel of Judges. Evaluation will be done on factors like Leadership, Innovation and Risk Taking, People Management, Strategy Formulation & Implementation, Business Processes and Results. Last date for submission of duly completed “Application Form” is 15th September, 2010

On this occasion, Mr. Pramod Chaudhari, Chairman, Praj Industries, said “We were delighted to see overwhelming response last year from industries, NGOs, and educational institutes to this award. We believe that more and more corporate will participate in this effort of Intrapreneurship development .To encourage women Intrapreneurs, we have included one award in each category for ‘Women Intrapreneurs’.”

Past Winners include:

  • Mr. Visvanathan Balasubramanian, Executive Vice President – Global Technology Services, Zensar Technologies Ltd and
  • Mr Vinay Shrishrimal, Director, Rohan Builders
  • Mr. Sudam Bhondve, Director – Educational Project Incharge, Deendayal Navrachna Pratisthan
  • Principal Hemant Abhyankar, Director, Vishwakarma Institute of Technology (An Autonomous Institute Affiliated to University of Pune)
  • Dr. Sivaram, Director, NCL, Pune,
  • Prakash Kulkarni, Executive Chairman, Gabrial India (formerly MD, Thermax Ltd)
  • Dr. Dhananjay Kelkar, Medical Director, Dinanath Mangeshkar Hospital & Research Centre and a Trustee of Jnana Prabodhini Medical Trust, Pune


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India.

Praj has well equipped manufacturing facilities in Pune and at the port in western India. The units are accredited with ASME ‘U’ and ‘H’ stamp and ISO 9001-2008. Manufacturing is undertaken in accordance with international standards and codes.

The backbone of Praj’s technology development is Praj Matrix, The Innovation Center. This Center has been conceived and established with the objective of providing future perfect technology and engineering solutions for biotech led processes. Matrix is equipped with state of the art laboratory and pilot facilities. Praj Matrix is currently engaged in scaling up of second generation bioethanol and biodiesel technologies from agri waste and algae.

About SIBM, Pune

Established in 1978, Symbiosis Institute of Business Management, Pune is in its 30th year of service to the student community. The flagship brand of Symbiosis, it is recognized as one of the best B-schools in the country. SIBM, Pune is also ranked fourth among Indian business schools consistently for 3rd year by Business Today magazine. SIBM, Pune provides Corporate Education through its diploma programs to various corporates , Indian and MNCs . Combining theory with practical business, classroom teaching with Management Development Programmes, SIBM, Pune offers its students a classic mix of academic and business knowledge.

For further information, please contact:


Vinati Moghe
Praj Industries Ltd,
Vice President Corporate
Phone : 020 2295 2214 / 1718;
Fax: 022 2295 1718;
Mob: 9822430906
Email: vinatimoghe@praj.net
Tushar Joshi
Hundredpercent PR,
Vice President Corporate
Mob: 9821414845
Email: hundredpercentpr@gmail.com

Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward-looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

22 Apr 2010



ITI, Velhe Marches Ahead With Support from Praj


Praj Industries, global biofuels technology and process engineering Company announced the ‘Maha-Intrapreneur Awards 2010’ in association with Symbiosis Institute of Business Management (SIBM, Pune), Pune, who are the knowledge partners for this initiative.

First batch of computer networking and hardware course successfully completed

Pune, April 22: The ITI, Velhe for the first time in its history has successfully trained the students from the surrounding rural areas in the Computer Networking and Hardware Course. The first batch of 12 students, which has successfully completed the course, was awarded with the certificates during a ceremony held at Praj House in Pune.

The ITI, Velhe was adopted by the Praj Industries, globally leading process engineering and solutions company, in the academic year 2009-10, under the Government’s Public Private Partnership program, where Public Limited Companies are encouraged to adopt ITIs in various states of India. Velhe is a small town 20 kilometers away from Pune. Being away from the mainstream, it has challenges which include lack of good education infrastructure.

Successful students were given the certificates at the hands of Shashank Inamdar, Chief Executive Officer and Managing Director of Praj Industries. Pramod Chaudhari - Executive Chairman (Praj Industries Ltd.), Maruti Patil - In-charge Joint Director (Vocational Education and Training, Regional Office, Pune), Parimal Chaudhari - Managing Trustee (Praj Foundation), G. R. Brahmapurkar - Principal (ITI, Velhe), Dilip Deshpande – Chairman / Deepak Mogal – Nodal Officer / Deepak Phadnis – Member (Institute Management Committee of ITI, Velhe) and Captain V. S. Nilkanth - Asst. V. P. Admin (Praj Industries Ltd.) were present for the function.

"After adopting the ITI, Velhe, we not only introduced some new courses to enhance the employability of the ITI students but also addressed some basic issues pertaining to infrastructure and administration", said Dilip Deshpande, VP, Engineering – Praj Industries and the Chairman of the Institute Management Committee (IMC).

Five new certificate courses like Computer Hardware and Networking, Packaging Machinery Technician and Operator, Autocad, Repair and Maintenance of Home Electrical Appliances and Tally were introduced in ITI, Velhe for the first time, with an intention of upgrading their skills to suit industry requirements.

Commenting on the future plans Mr. Dilip Deshpande said that in near future IMC is planning to introduce courses related to fashion design and garment making, advanced course in plumbing that deals with modern ways of plumbing and special courses that will help creating technicians for erection, operations and maintenance of Chemical Process Plants.

In his remarks G. R. Brahmapurkar, Principal of ITI, Velhe expressed his gratitude towards the help extended by Praj to ITI, Velhe and informed that out of the 12 successful students of the computer hardware and networking course 4 have already got jobs in Pune companies and the others are pursuing further studies, which will a more comprehensive learning in computer operating processes. The second batch of the same course has started from March 22nd.

Mr. Patil congratulated Praj on its efforts towards successful completion of the programme.



Note: Some of the statements made in the release could be forward-looking in nature. Such forward-looking statements remain subject to risks and contingencies particularly concerning but not limited to governmental policies, economic developments and technological factors. This may cause actual performance to differ materially from that observed through the relevant forward-looking statement. Praj Industries will not in any way be responsible for action taken based on such forward-looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.

10 Dec 2009
09 Dec 2009
03 Dec 2009
22 Sep 2009
31 Aug 2009
20 Aug 2009
13 Jul 2009
26 Jun 2009
21 Apr 2009
17 Apr 2009
24 Mar 2009
04 Mar 2009
10 Feb 2009
22 Jan 2009

07 Dec 2010



Praj Announces Winners of Maha-Intrapreneur Award 2010


Praj Industries, globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced the winners of the ‘Maha-Intrapreneur Awards 2010’.

Praj Announces Winners of Maha-Intrapreneur Award 2010

Pune, December 7th, 2010: Praj Industries, globally leading Biofuels, Brewery, Process Equipment and Water & Wastewater Treatment Solutions Company, announced the winners of the ‘Maha-Intrapreneur Awards 2010’, the first of its kind in India. Out of a batch of highly qualified and motivated contestants, 6 most promising ‘Intrapreneurs’ have been selected by a distinguished jury panel.

The Maha-Intrapreneur awards aim at identifying and rewarding professionals who display ‘Intrapreneural’ skills and qualities in their actions and results in their respective organizations. The awards have been instituted by Praj in association with Symbiosis Institute of Business Management (SIBM) Pune, who are the knowledge partners in this initiative.

The awards will be presented in a gala award function on December 18th, 2010 at the hands of Chief Guest Arun Nanda, Director, Mahindra & Mahindra Ltd. in the presence of Kishor Chaukar, Managing Director, Tata Industries Limited.

Winners of the Category A – Industry and Business are:

Uday Godbole – DIRECTOR, Abiocr Binzel Production (India) Pvt. Ltd.
Avinash Purandare - Vice President and Head Corporate Global Marketing and Strategy, Kirloskar Brothers Ltd.

Winners for Category Cat B- NGOs, Semi Government, Society and Trusts:

Dr. Girish Kulkarni - Hon. Director, Snehalaya, Pune
Dr Madhav Sathe - Jt.Hon Secretary, The Bombay Mothers And Children Welfare Society, Mumbai

Winners for the ‘Women Intrapreneur Awards 2010’:

Cat A - Mandakini Awasarmol - MANAGER – HRD, MORARJEE TEXTILES LTD, Nagpur
Cat B - Ms. Kalpana Pant - Joint Director, Chaitanya, Pune

Lifetime Achievement Award: The Maha-Intrapreneur Life Time Achievement Award of 2010 will be conferred upon Dr. Vijay Bhatkar who is one of the internationally acclaimed scientist and IT leader of India.

This award is in recognition of his innovative and professional approach in bringing IT to the doorsteps of masses through wide-ranging path-breaking initiatives. Apart from being an Architect of PARAM Supercomputer, his role as an Institute Builder of several national level organizations such as C-DAC, ER& DC, ETH Research Lab and now Multiversity is admirable.

Praj would like to recognize his contribution in the field of supercomputing, artificial intelligence, science and philosophy. We also appreciate his continued contribution in various academic and social activities on different forums and Institutes till date through this Award.

Each Awardee in Category A will be presented a trophy of “Praj Maha-Intrapreneur Award”, “Certificate of Appreciation” and Fellowship of maximum of Rs. 100,000/- (Rupees One Lakh) to attend Executive Development Programme from any reputed institute in India.

Each Awardee in Category B will be presented a trophy of “Praj Maha-Intrapreneur Award”, “Certificate of Appreciation” and Rs. 100,000/- (Rupees One Lakh) will be awarded to the awardees organization.

On this occasion Pramod Chaudhari, Chairman, Praj Industries said, “It gives us immense pleasure to announce the winners for the ‘Maha Intrapreneur Awards 2010’. We have received a very encouraging response for all the award categories including the two new awards that we introduced this year for ‘Women Intrapreneurs’. These two awards have been introduced to encourage more women professionals who can then become role models for others to follow. We have received applications from diverse industries, public sector and social organizations. As the economy emerges from the slowdown, we can see the impact of intrapreneurial talent on performance of various organizations. This is the 3rd year of the award and we are very happy to see the way it is gaining momentum with every approaching year”

Applications were received from locations as spread out as Ahmednagar, Nashik, Aurangabad, Jalgaon, Thane, Kolhapur and Nagpur, apart from Mumbai and Pune.


About Praj Industries Limited:

Praj is a global Indian company that offers innovative solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems as well as process engineering, plant & equipment for customers worldwide. With over 500 references across five continents, Praj is a leading Ethanol Technology & Plant supplier with a strong focus on secondgeneration bioethanol process development. Praj Matrix - the innovation center, is the R & D Center of Praj Industries. Praj is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning and customer care, and turnkey projects. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net

About SIBM, Pune

Established in 1978, Symbiosis Institute of Business Management, Pune is in its 30th year of service to the student community. The flagship brand of Symbiosis, it is recognized as one of the best B-schools in the country. SIBM, Pune is also ranked fourth among Indian business schools consistently for 3rd year by Business Today magazine. SIBM, Pune provides Corporate Education through its diploma programs to various corporates , Indian and MNCs alike. Combining theory with practical business, classroom teaching with Management Development Programmes, SIBM, Pune offers its students a classic mix of academic and business knowledge.
For further information, please contact:


Vinati Moghe
Praj Industries Ltd,
Vice President Corporate
Phone : 020 2295 2214 / 1718;
Fax: 022 2295 1718;
Mob: 9822430906
Email: vinatimoghe@praj.net
Tushar Joshi
Hundredpercent PR,
Mob: 91-9821414845
Email: hundredpercentpr@gmail.com

1.Jury:

Category A: Large and Medium Scale Industries

Mr Nilay Ghosh-Management Consultant, Ajit Chaphalkar - CEO & Co-founder BioAnalytical Technologies, Pune, V.Balasubramanian-Vice President, KEC International Ltd., Dilip Saravate- Professor & management Consultant, Pune and Suhas Baxi - Managing Director , Demag Cranes & Components (India) Pvt. Ltd.

Category B: NGOs and Educational Institutions

Yashashree Gurjar - Group Head, Corporate Social Responsibility, Avantha Group, Prof. H.K.Abhyankar - Vice President, Vishwakarma Group of Institutes, Y. H. Gharpure - Industrial & Management Consultant, Gharpure Consulting Engineers P. Ltd, Vikram Salunke - Managing Director, Accurate Engineering Co. Pvt. Ltd and Dr C D Thatte - Management Advisor.

2.Intrapreneurial Skills:

Intrapreneurship is the intra-corporate counterpart of entrepreneurship. Intrapreneurship means "a person within a corporation/organization who takes direct responsibility for turning an idea into a profitable finished product/service through assertive risk-taking and innovation and leadership. At Praj, Intrapreneurship is rewarded as a special trait amongst employees.”

For more details on Maha-Intrapreneur Awards and Intrapreneurship,
visit www.mahaintrapreneur.com





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