How Praj Industries is riding the green wave with biofuels, ethanol blending and clean energy tech

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This story belongs to the issue:
May 2025
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This story belongs to the Fortune India Magazine May 2025 issue.

Praj rides the green wave with investments in clean energy and the use of advanced tech in biofuels and ethanol blending.

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How Praj Industries is riding the green wave with biofuels, ethanol blending and clean energy tech
Pramod Chaudhari, founder-chairman, Praj Industries; 100 Emerging Stars; Rank 5  Credits: Sanjay Rawat

IN OCTOBER last year, a Pune-based biofuel technology firm launched the country’s first demonstration facility for biopolymers that can produce compostable bioplastics. In December, Union minister of road transport and highways Nitin Gadkari unveiled the first national highway using bio-bitumen developed by Praj Industries. A month later, Praj launched a sustainable aviation fuel (SAF) demonstration facility at its R&D centre in Pune.