Praj Industries Surges After Company Signs Agreement With US-Based Gevo

INSUBCONTINENT EXCLUSIVE:
previous close of Rs 138.40.As part of the construction licence agreement, Praj Industries will provide engineering, procurement and
construction (EPC) services to third parties using a process design package developed by it.Praj Industries also signed a memorandum of
Pramod Chaudhari, executive chairman of Praj Industries, said: "The addition of lsobutanol technology to Praj's diverse product portfolio is
a step in our endeavour towards smart bio-refineries that facilitate sustainable decarbonisation.""This solution can be offered both as a
'bolt-on' to an existing ethanol plant or as a Greenfield plant
We value our partnership with Gevo and believe that this technology will help the aviation industry fulfil their obligation of Green House
Gas (GHG) reduction."At 2:50 pm, Praj Industries shares traded 8.45 per cent higher at Rs 149.50 apiece on the BSE, outperforming the
broader markets which were down 0.66 per cent.Praj Industries trading volumes spiked as 6.72 lakh shares changed hands on the BSE compared
with an average of 2.08 lakh shares traded daily in the past two weeks.Get the latest election news, live updates and election schedule for
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