Praj Received Golden Peacock Eco -Innovation Award 2019 for 'Enfinity' - a Second Generation Biomass to Bioethanol Technology

Mumbai, India:Praj Industries Limited (Praj) is a globally leading engineering company offering sustainable solutions for bioenergy, high purity water, compressed biogas, critical process equipment & skids, breweries and industrial wastewater treatment. Recently Prajhas been awarded the prestigious Golden Peacock Eco-Innovation Award 2019 in the Engineering sector inrecognition of 'enfinity' - its second- generation biomass to bioethanol technology. Dr. Tushar Patil, General Manager - Advanced BioFuels and Chemicals, accepted the trophy and certificate from Lt. Gen. J.S. Ahluwalia, Chairman –IOD, and Mr. R.V. Deshpande, Revenue Minister of Karnataka, at a glittering ceremony in The Golden Peacock Awards, established by the Institute of Directors, India in 1991, recognizes globally competitive approaches and new benchmarks in environment management , eco-innovation, and energy efficiency amongst others. This year the award -secretariat received 550 applications, out of which 312 were shortlisted through a three-tier assessment process. The highest scoring applicants were assessed on an exhaustive set of parameters in their respective industrial sectors and adjudged winners. The jury comprised environment, health & safety, energy, and climate change experts under the chairmanship of Justice (Dr.) ArijitPasayat, former Judge, Supreme Court of India.

Speaking about this recognition, Mr. Pramod Chaudhari, Executive Chairman of Praj Industries said, "We are happy to see that our team's efforts in developing and deploying innovative technology solutions at the advanced biofuels space are being recognized globally. The Golden Peacock Eco -Innovation award for our proprietary platform technology 'Enfinity' is a testament to Praj's technology leadership in the bio-fuel space. It spurs us to continue our mission towards sustainable de-carbonization through circular bio-economy, a philosophy that drives truly sustainable growth and development.

Based on the successful technology demonstration and due diligence, four oil marketing companies have selected Praj as a technology licensor and EPCM (Engineering, Procurement, and Construction Management) provider to build commercial scale plants in different parts of India.