• Biofuel expansion readiness: Praj Industries has established 20% ethanol blending in petrol and has technologies ready for diesel blending via Isobutyl Alcohol (IBA) and Sustainable Aviation Fuel (SAF), awaiting government policy interventions.
• Cooking fuel alternatives: Ethanol-blended fuels and compressed biogas (CBG) are viable replacements for LPG, utilizing existing stove technologies that require sustained market adoption and policy focus.
• Energy security rationale: Management emphasized that alternative fuels provide long-term structural value beyond temporary crude oil price spikes by enhancing national energy security, lowering carbon emissions, and supporting the agricultural sector.
• Capex and demand: Client capacity expansion plans are getting back on track, with rising domestic project requirements, plant upgrades, and global biofuel alliance initiatives expected to drive business momentum.