Praj Industries gets nod to invest upto Rs 100 crore in JVC

Praj Industries’ Board of Directors, at its meeting held on October 29, 2026, has given in-principle approval to invest up to Rs 100 crore in a joint venture company (JVC) with Bharat Petroleum Corporation Limited (BPCL). The JVC will set up Compressed Bio Gas (CBG) plants across India, strengthening Praj’s presence in the clean energy space and supporting the country’s push for sustainable fuels. Praj is a global leader providing solutions across biofuels, biomaterials, energy transition and climate action, critical process equipment and modularization, high purity water systems, brewery and beverages, and zero liquid discharge systems. Disclaimer: Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. The above information is for educational and learning purpose. They analyst or his associates do not hold any shares of the company and have no financial interest in it. SEBI Registered Research Analyst: Vineet Ashwinikumar Chawla: INH000008190, BSE Enlistment No: 5433