Praj Industries Limited is an Indian multinational process and project engineering company, headquartered in

Pune Pune (; ; also known as Poona, (List of renamed Indian cities and states#Maharashtra, the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million ...

Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...

. The company also has offices in

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...

North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...

, the

Caribbean The Caribbean (, ) ( es, El Caribe; french: la Caraïbe; ht, Karayib; nl, De Caraïben) is a region of the Americas that consists of the Caribbean Sea, its islands (some surrounded by the Caribbean Sea and some bordering both the Caribbean Se ...

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bo ...

and

Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

. Its manufacturing facilities are at 4 locations – in

Sanaswadi Sanaswadi ( Marathi : सणसवाडी) is an industrial village. It is a part of Maharashtra Industrial Development Corporation (MIDC). Together this set up is called Sanaswadi-Shikrapur Industrial Belt. Geography The village is located ...

, near

;

Kandla Kandla, now officially Deendayal Port Authority, is a seaport and town in Kutch district of Gujarat state in Western India, near the city of Gandhidham. Located on the Gulf of Kutch, it is one of India's major ports on the west coast. It is ab ...

, Port in

Gujarat Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth ...

and Wada,

Thane District Thane district (Pronunciation: �ʰaːɳe previously named Taana or Thana) is a district in the Konkan Division of Maharashtra, India. At the 2011 Census it was the most populated district in the country, with 11,060,148 inhabitants; however, i ...

. Praj is a recipient of the

DSIR Department of Scientific and Industrial Research, abbreviated DSIR was the name of several British Empire organisations founded after the 1923 Imperial Conference to foster intra-Empire trade and development. * Department of Scientific and Industria ...

National Award in 2005 for outstanding In-House R&D Achievements.

History

Praj was formed in 1983. The company went public in 1994 and is listed on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in ...

and

National Stock Exchange of India National Stock Exchange of India Limited (NSE) is the leading stock exchange under the ownership of various group of domestic and global financial institutions, public and privately owned entities and individuals. It is located in Mumbai, Mah ...

. Praj received its first

Venture Capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

from

ICICI Bank ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiari ...

in 1987. Today it has investors like

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

ist

Vinod Khosla Vinod Khosla (born 28 January 1955) is an Indian-American businessman and venture capitalist. He is a co-founder of Sun Microsystems and the founder of Khosla Ventures. Khosla made his wealth from early venture capital investments in areas such ...

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 Indian Oil Corporation Limited (IOCL; d/b/a IndianOil) is a central public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. It is a public sector unde ...

signed a memorandum of understanding to explore opportunities in the production of alcohol-to-jet (ATJ) fuels, 1G & 2G ethanol, compressed

biogas Biogas is a mixture of gases, primarily consisting of methane, carbon dioxide and hydrogen sulphide, produced from raw materials such as agricultural waste, manure, municipal waste, plant material, sewage, green waste and food waste. It is a ...

and other related opportunities in the

biofuel Biofuel is a fuel that is produced over a short time span from biomass, rather than by the very slow natural processes involved in the formation of fossil fuels, such as oil. According to the United States Energy Information Administration (E ...

s sector.

Business divisions

The company deals with segments like Alcohol / Fuel Ethanol and Brewery Plants, Water and Wastewater Treatment Plants, Critical Process Equipment System, High Purity Systems, BioProducts (Livestock Health and Nutrition Products), and Customised Research Service & Solutions.

Subsidiaries and acquisitions

The company's acquisitions include – Praj HiPurity Systems Limited (erstwhile Neela Systems Ltd), Praj Americas. Inc, Praj Far East Co. Ltd., Praj Industries (

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

) Pty. Ltd., Praj Far East Philippines Ltd. Inc., Praj Industries (

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...

) Ltd. , Praj Industries (

Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierra ...

) Ltd. (subsidiary of Praj Industries (Africa) Pty Ltd., Praj sur America SRL, Praj Engineering & Infra Ltd.

Awards and recognition

* Praj was awarded the National Award for outstanding In-House R&D Achievements by

in 2005. * Praj was awarded the "Association of Biotechnology Led Enterprises, ABLE 10th anniversary award" under bio-industrial category for contribution to industrial biotechnology. * Praj Tower received ‘Platinum’ LEED Certification from IGBC. * Praj Bags B.G. Deshmukh CSR Innovation Award * Praj received ‘Solar Energy Society of India (SESI) Business Leadership Award’ at the ICORE 2005 * Praj was awarded ''Forbes Best Under A Billion Company in

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...

Initiatives

Industry innovations

# Launched the ‘Water Master Class’ knowledge forum in

Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

that aims at sharing industry experts’ experience in water & wastewater management and treatment of complex industrial effluents. # Licensing and Joint Development Agreements With Gevo # Develops innovative method to produce Ethanol Matrix, the R&D Center (division of Praj Industries) is based on the foundation of scientific expertise and technology development. Located in

(

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

), Praj Matrix is organized around the 5 major Centers of Excellence.

Molecular Biology Molecular biology is the branch of biology that seeks to understand the molecular basis of biological activity in and between cells, including biomolecular synthesis, modification, mechanisms, and interactions. The study of chemical and physi ...

and

Microbiology Microbiology () is the scientific study of microorganisms, those being unicellular (single cell), multicellular (cell colony), or acellular (lacking cells). Microbiology encompasses numerous sub-disciplines including virology, bacteriology, prot ...

; Bioprocess Technology Analytical Sciences;

Chemical Sciences Chemistry is the scientific study of the properties and behavior of matter. It is a natural science that covers the elements that make up matter to the compounds made of atoms, molecules and ions: their composition, structure, properties, ...

; and Scale up and

Process engineering Process engineering is the understanding and application of the fundamental principles and laws of nature that allow humans to transform raw material and energy into products that are useful to society, at an industrial level. By taking advantage ...

. It is supported by over 100 technologists including 20 PhDs. # Introduced ‘BioWiz’ Smart Bioreactor.

References

{{Reflist Manufacturing companies based in Pune Manufacturing companies established in 1983 Engineering companies of India 1983 establishments in Maharashtra Indian companies established in 1983 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange