India's Praj Industries has partnered with Paraguay's ENERPAR S.A. to advance a project for the construction of an integrated biorefinery plant that will produce ethanol, Sustainable Aviation Fuel (SAF), and various by-products. This collaboration is expected to be a significant step in strengthening cooperation between the two countries in the bioeconomy and renewable energy sectors.
Praj Industries announced an agreement with Paraguay's ENERPAR S.A. for the comprehensive development of a biorefinery plant. This project will produce not only ethanol but also various by-products such as Distillers Dried Grains with Solubles (DDGS), corn oil, biogas, bio-bitumen, and Sustainable Aviation Fuel (SAF). This is expected to contribute to building a circular bioeconomy model and increasing renewable energy production.
Agreement Signed During Paraguayan President's Visit to India: A Symbol of Close Bilateral Cooperation
This agreement was signed during Paraguayan President Santiago Peña Palacios' official visit to India from June 2 to 4, 2025. President Peña's visit focused on strengthening bilateral cooperation in renewable energy and biotechnology, and this Praj-ENERPAR agreement is considered a key achievement of these efforts. Indian Prime Minister Narendra Modi also discussed expanding cooperation in agriculture, technology, and renewable energy with President Peña, emphasizing that this project will contribute to the development of relations between the two countries.
Expansion Based on Successful Preceding Project: From Corn-Based Ethanol Plant to Integrated Biorefinery
This integrated biorefinery plant project follows a preceding contract already awarded to Praj Industries by ENERPAR. Praj is responsible for the design, supply, and commissioning of a 600 cubic meters per day anhydrous ethanol plant to be built in the Canindeyú region of Paraguay. This corn-based plant is targeted for completion in October 2026, with Praj undertaking comprehensive roles including technology licensing, design and engineering, supply of critical equipment, and on-site support. This successful preceding project experience was a decisive factor for ENERPAR in choosing Praj as a partner for the integrated biorefinery project. Omar Bustos, President of ENERPAR, cited Praj's extensive experience and advanced technological capabilities as key reasons for the partnership selection.
Economic Ripple Effects and Contribution to Sustainable Development: Job Creation and Green Energy Dissemination
The construction of this biorefinery plant is expected to significantly contribute to rural development and economic revitalization in Paraguay. Substantial direct and indirect job creation is anticipated, which will have a positive impact on the sustainable development of local communities. Dr. Pramod Chaudhari, Founder Chairman of Praj Industries, stated that this venture will contribute to expanding clean energy solutions and establishing a circular bioeconomy model in the South American region.
Praj Industries' Global Capabilities: Experience in Providing Sustainable Solutions in Over 100 Countries
Praj Industries is a global company that has successfully executed various projects in over 100 countries. It has particular experience completing numerous projects in the Americas. The company provides services in diverse fields such as bioenergy solutions, water treatment systems, brewery equipment, and specialized equipment, prioritizing sustainability and innovation. This Paraguayan project will be a significant step in expanding India's cooperation with Latin America in the sustainable development sector.
The collaboration between Praj Industries and ENERPAR S.A. is considered a symbolic example of both India and Paraguay's commitment to deepening cooperation in renewable energy and the bioeconomy, and to building a sustainable future together.
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