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Praj Industries bags order worth Rs.92 crore

Tuesday, 27 Jun 2006
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Praj Industries has bagged an order worth Rs.92 crore ($20 million) for supply of technology and machinery for two ethanol plants being set up for Cilion Group in California, USA.

The two plants with a capacity of over 600,000 litres per day each (55 million gallons per annum-mgpy), based on corn are scheduled to go on stream by mid-2007. Total capacity planned by Cilion is 440 mgpy by 2008.

Cilion, who are planning to set up total of eight ethanol plants also selected the company's technology for additional two plants for which machinery orders are yet to be awarded.

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