India Powers Paraguay’s Bioeconomy: Praj Industries Partners with Enersur for Landmark Biorefinery Project

In a major clean energy collaboration, India’s Praj Industries will design and implement a state-of-the-art biorefinery in Paraguay, producing ethanol and sustainable co-products to boost rural development and decarbonization.

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Pune/Asunción, June 5, 2025:
In a strategic move that places India at the forefront of South America’s bioeconomy transformation, Praj Industries has been selected by Enersur S.A., Paraguay’s leading renewable energy company, to develop a fully integrated Biorefinery Project. This collaboration marks a significant milestone in advancing clean energy and circular economy goals across the Southern Hemisphere.

The agreement between Praj and Enersur was signed in the presence of Mr. Santiago Peña Palacios, President of Paraguay, during his State Visit to India from June 2–4, 2025. Accompanied by ministers, senior officials, and business leaders, President Peña commended India’s progress in indigenous technology and specifically praised Praj’s role in shaping Paraguay’s clean energy future.

At the heart of the partnership is a 600 m³/day Anhydrous Ethanol plant to be set up in Canindeyú, Paraguay. Using corn as feedstock, the facility will not only produce ethanol but also co-products like DDGS (distillers dried grains with solubles), corn oil, biogas, biobitumen, and even Sustainable Aviation Fuel (SAF)—a bold leap toward energy innovation.

The project, expected to be operational by October 2026, will create significant employment opportunities and boost the rural economy, positioning Paraguay as a clean energy hub in the region. The collaboration involves technology licensing, engineering, core process equipment, and supervisory support, all under Praj’s stewardship.

“We are proud to collaborate with Enersur in shaping Paraguay’s bioenergy landscape and accelerating the transition towards a sustainable bioeconomy,” said Dr. Pramod Chaudhari, Founder Chairman, Praj Industries.
“This partnership goes beyond ethanol—it embodies our shared vision to harness the full potential of bio-based innovations for clean energy, circular economy, and long-term energy resilience across South America.”

The project also resonates strongly with Enersur’s mission.

“We chose Praj as our partner because of their proven expertise, cutting-edge technology, and extensive experience in delivering large-scale bioenergy projects globally,” stated Mr. Omar Bustos, President, Enersur S.A.
“Their strong track record in South America and commitment to sustainability perfectly align with our vision to develop Paraguay’s bioeconomy and drive long-term rural and economic development through this landmark project.”

In addition to this development, Prime Minister Narendra Modi met with President Peña in New Delhi. Their discussions highlighted potential collaborations in agriculture, biotechnology, and renewable energy—further underscoring the importance of India-Paraguay cooperation in sustainable development.

This partnership also underscores Praj Industries’ rising influence in the global bioeconomy. With over 100 projects in the Americas—spanning the USA, Brazil, Colombia, Argentina, and Peru—Praj continues to expand its footprint as a clean energy innovator.

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About Praj Industries:
With a four-decade legacy, Praj Industries is India’s leading industrial biotech company, known for its breakthrough work in clean energy, agri-processing, and sustainable technologies. Its flagship platforms Bio‐Mobility® and Bio‐Prism® focus on renewable transportation fuel and bio-based chemicals respectively. With more than 1000 customers in 100+ countries, Praj continues to redefine industrial sustainability from its cutting-edge Praj Matrix R&D facility.