Praj Industries Limited has informed the Exchange regarding a press release dated April 08, 2025, titled "Hon ble Chief Minister Yogi Adityanath Inaugurates 300 KLPD Grain-Based Distillery by Keyaan Distilleries, Designed & Engineered by Praj Industries".
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Praj Industries announced that a 300 KLPD (kilolitres per day) grain-based distillery built for Keyaan Distilleries in Gorakhpur, Uttar Pradesh, was inaugurated by UP Chief Minister Yogi Adityanath on April 8, 2025. The facility, scalable up to 500 KLPD, will produce fuel ethanol and rectified spirit for medicinal use from broken rice, maize, and corn. Praj served as the technology partner, handling design, engineering, and commissioning of the plant, which spans 30 acres and is expected to create over 1,200 direct and indirect jobs. The project aligns with India's ethanol blending roadmap and the government's push for green fuels, including Sustainable Aviation Fuel (SAF).
Positive for shareholders — reinforces Praj's order book and leadership in the ethanol/industrial biotech space, with a high-profile government-endorsed project that supports future business pipeline. No immediate financial impact disclosed in this announcement.