Brief: Praj Industries signs MoU with Indian Oil for development of 2G Ethanol

Praj Industries

14/09/2016 07:25

Sept 14 (Reuters) - Praj Industries Ltd  PRAJ.NS : 
 
 * Indian Oil inks MoU with Praj Industries Ltd for development of 2G Ethanol 
 * Indian Oil will be setting up three such 2G bioEthanol plants. 
 * Have prepared ourselves to execute 2G Ethanol projects over 30 billion rupees 
   in twothree years-Executive Chairman 
 * Praj will also supply plant & machinery and assist in operating and 
   maintaining it. 
 * 2G Ethanol plants are based on indigenous technology and designs developed by 
   Praj at their research and development center in Pune 
 
 * Source text: (http://bit.ly/2cql8wA) 
 
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