Praj Industries to Invest ₹100 Cr in BPCL Joint Venture for CBG Plants

Praj Industries Limited has received in-principle approval from its Board of Directors to invest up to ₹100 crore in a Joint Venture Company (JVC) with Bharat Petroleum Corporation Ltd. (BPCL). This strategic collaboration aims to establish Compressed Bio Gas (CBG) plants across India. The investment signifies Praj Industries' commitment to expanding its presence in the renewable energy sector and supporting the growth of the bio-gas infrastructure in the country.