The Hindu Business Line : Praj Ind bags Rs 170-cr orders from US

Praj Industries has contracted the second phase orders from Cilion for its Imperial County project and from Missouri Valley Energy for its Meckling, South Dakota project.

The company has also bagged the first order from the sugarcane belt of the US; the total value of these three orders is Rs 170 crore.

Mr Shashank Inamdar, Managing Director, said that for Cilion and Missouri, the first phase had involved the supply of technology package while the second phase dealt with equipment supply.

He added that the Imperial County project is the third project for Praj from the Cilion Group.

Cilion will produce 110 mgpy (400 million litres per annum) ethanol from this facility. These second phase orders have been received during the last quarter of 2006.

Mr Inamdar said that the order from Missouri Valley for a 55 mgpy ethanol plant gave it the entry into corn farmer's co-operative sector in the US mid-west.

Missouri Valley Energy is promoted by Glacial Lake Energy, which operates an ethanol plant in the mid-west and is currently engaged in the construction of three greenfield ethanol facilities.

Mr Inamdar also said that it has bagged an order from the sugarcane belt of the US.

Louisiana Green Fuels has awarded a contract to Praj for an integrated 23 mgpy ethanol plant using sugarcane based feedstock.

This plant will be located at Lacassine in Louisiana, adjacent to an existing cane syrup mill.

In the very first year of entry into the US, Praj has achieved sizable business resulting in capacity addition in the region of 700 mgpy by way of Praj technology and equipment, Mr Inamdar said.

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