Saturday, March 17, 2007

Praj Industries Secures Rs 65cr Belgium Contract

Pune: Praj Industries has gets Rs 65-crore contract for Phase Two of the wheat and beet-based bio-ethanol plant for Biowanze SA, a subsidiary of CropEnergies AG (a Sudzucker Group Company). The second phase involves supply of equipment for the core bio-ethanol process plant comprising liquefaction, fermentation, multi-pressure distillation, dehydration and vinasse evaporation. Phase one of the contract, rated at Rs 11 crore, included licence, basic engineering and other services for their proposed 3,00,000 cubic meters bio-ethanol complex at Wanze, Belgium. Europe was showing growth in ethanol plant installation. The company already has orders from British Sugar and Suedzucker group in Western Europe as well as from companies in Eastern Europe for technology and critical equipment.

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