06 November 2012 15:53 [Source: ICIS news]
LONDON (ICIS)--Praj Industries plans to set up a 10m litre/year second-generation bioethanol commercial demonstration plant in ?xml:namespace>
Praj expects the project to cost up to $30m (€23m). Ground-breaking is to take place early next year, it said.
“The engineering package is ready and Praj has signed an MOU [memorandum of understanding] with a customer for the location,” it said.
“Praj is in discussions with other strategic investors/partners for participation,” it added without disclosing where in
Praj Industries is headquartered at Pune in
($1 = €0.78)
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