About Praj Industries Limited

Since its establishment in 1985, Praj Industries Limited has operated as an Indian public company which offers domestic and international process and project engineering services and provides design engineering capabilities to domestic and international markets. Headquartered at “Praj Tower” the company operates in Hinjewadi Pune and BSE and NSE list its equity shares. 

The company produces and delivers bioenergy plants (1st and 2nd Generation ethanol and renewable bio-gas) as well as engineering solutions consisting of critical process equipment and skids and processes and systems and brewery and beverages plants and water and wastewater plants and water systems and modular process systems and value-added services. Seven Indian and international subsidiaries operate across USA Thailand The Philippines and Tanzania which establishes Praj’s worldwide presence. 

The IOCL Panipat 2G ethanol project based on Praj’s Enfinity platform reached one million litres of ethanol production and HPCL and BPCL plants are in commissioning phase. The company establishes what they call the world’s initial ethanol-to-jet (Sustainable Aviation Fuel) facility at Praj Matrix with September 2025 as its target commissioning date. The company began operating a demonstration facility for biopolymers which produced successful Polylactic Acid tests while introducing biobitumen technology through India’s first national highway built with biobitumen near Nagpur.

Praj Industries Limited’s Geographic Presence

The company maintains seven plants and five Indian offices together with four international offices which serves customers across 17 Indian states and six foreign countries while exports make up 24% of total revenue of total business revenue with the remaining revenue coming from domestic operations.

Praj Industries Limited’s Business Segments

By product/vertical: Bioenergy Plants contributed 71%of turnover; Engineering Businesses contributed 29%.

Praj Industries Limited Key Management

• The Non-Executive Chairman role of Dr. Pramod Chaudhari took effect on January 1 2025.
• Shishir Joshipura holds the position of CEO & Managing Director.
• Ashish Gaikwad holds the position of Managing Director-Designate starting from February 3 2025.
• Sachin Raole serves as the CFO & Director-Resources and Company Financial Officer.
• Anant Bavare, Company Secretary.
  

 Latest Updates on Praj Industries Limited

• Strategic platforms: The company made progress in Bio-Mobility (covering 1G and 2G ethanol and CBG and early-stage SAF partnerships) and Bio-Prism (bioplastics and biobitumen) throughout FY 2024–25 .
• The Praj Matrix ethanol-to-jet production facility will start operations by September 2025 alongside the IOCL Panipat 2G ethanol project reaching one million litres of production while HPCL and BPCL plant installations continue.
• CBG technology: Multiple feedstocks were tested through RenGas technology including press mud spent wash rice straw and Napier grass.
• Operations at the Kandla manufacturing facility maintained its highest production levels while supplying process equipment and modular assemblies to domestic and international markets.
• Digital: SAP S/4HANA was adopted by the company to improve its enterprise systems and analytics capabilities.

Governance and leadership structure received two appointments when Dr. Pramod Chaudhari became Non-Executive Chairman starting from January 1, 2025 and Ashish Gaikwad took the role of Managing Director-Designate on February 3, 2025 and Ajay Narayan Deshpande became an Independent Director on October 25, 2024 but Suhas Baxi stepped down as Independent Director on August 7 2024.