March 25 (Reuters) - Praj Industries Ltd PRAJ.NS :
* Signs strategic alliance mou with Gevo
* Praj will undertake to license up to 250 million gallons of isobutanol
capacity for sugar-based ethanol plants over the next ten years
* Will also contribute process engineering and equipment services to expand
isobutanol capacity at gevo's plant in minnesota
* Source text:Praj Industries Limited ("Praj") has signed a memorandum of understanding (MOU) to become a Gevo licensee for producing renewable isobutanol at sugar based ethanol plants.
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