Corporate Profile

Praj Industries Limited is an Indian multinational process and project engineering company, headquartered in Pune, Maharashtra. The company also has offices in South Africa, North America, Latin America, the Caribbean, Thailand and Philippines. Its manufacturing facilities are at 4 locations – in Sanaswadi, near Pune; Kandla, Port in Gujarat and Wada, Thane District. Praj is a recipient of the DSIR National Award in 2005 for outstanding In-House R&D Achievements. Praj was formed in 1983. The company went public in 1994 and is listed on the Bombay Stock Exchange and National Stock Exchange of India. Praj received its first Venture Capital from ICICI Bank in 1987. Today it has investors like venture capitalist Vinod Khosla who has a 10% stake and Marubeni Corporation. Praj Foundation was established in 2005 as the CSR wing which is managed by Parimal Chaudhari. In 2021, the company and Indian Oil Corporation signed a memorandum of understanding to explore opportunities in the production of alcohol-to-jet (ATJ) fuels, 1G & 2G ethanol, compressed biogas and other related opportunities in the biofuels sector.

List of Projects
Type of Project Location Project duration

Praj Industries

Pledge Tier

Gold

Location

Pune

Sector

Power/Energy

Pledge taken on

01/01/2022