Praj Industries (Praj) and Automotive Research Association of India
(ARAI) have entered into MoU to jointly drive application development of
advanced biofuels that will find usage in industry and transportation. Biofuels
developed for the mobility sector will have a positive impact on environment by
way of reduced carbon footprint and improved tail pipe emissions.
Biofuels are derived by processing bio-based feedstock such as Agri
residue, Molasses, Cane syrup etc. As a renewable transportation fuel in
gaseous as well as liquid form, Biofuels provide an energy source that complements
fossil fuels such as gasoline, diesel and aviation fuels. Since biobased
feedstock is a captive source, biofuels facilitate energy self-reliance while
helping conserve the environment.
Through this collaboration, Praj and ARAI will jointly address technologies
to propagate use of biofuels in variety of applications including usage in
internal combustion engines (ICE) in the transportation sector. As a leading
player in the global bio economy, Praj brings to the table its expertise of
over three decades in developing and deploying biofuel technology solutions
through its TEMPO business model1.
On the other hand, as an R&D major, ARAI brings its vast experience
in the field of alternative fuels, green and sustainable mobility, to the
association. ARAI is working closely with DHI, energy vertical of Niti Aayog,
MoPNG and MoRTH for development of regulations and demonstration of technology
competence in various alternate fuels spectrum like CNG, LPG, LNG, HCNG, dual
fuel technology, Bio-CNG, Hydrogen, Ethanol, DME and Methanol. With
complementary strengths in technology and application, Praj and ARAI will work
together to test and commercialise newer fuels with improved efficiencies.
The transportation sector is the single largest consumer of imported crude
oil and natural gas for petroleum products. With a growing population of
vehicles across all modes of transport (surface, air and marine), it is also
the third largest source of GHG emissions after power sector & industry as
per world energy statistics data. As a signatory to Paris summit to reduce GHG
emissions by 30-35 per cent, India has to redefine its transportation fuel mix.
Advanced biofuels technology applications that will be developed as a part of
this association will help curtail health hazards attributable to the air
pollution in transportation sector.
Speaking on the occasion of formalizing this alliance, Dr Pramod
Chaudhari, Executive Chairman, Praj Industries, said, “We are delighted to
partner with ARAI, India’s premier institution, to develop application
technologies to create a positive impact on environment and society. The
projects we jointly undertake will reinforce of our Bio-MobilityTM platform
that offers technology solutions globally to produce carbon neutral
transportation fuel from bio-based feedstock for all modes of mobility. Solutions developed under this program will
not only bolster the rural economy but also align with the goals of Atma
Nirbhar Bharat Abhiyan.”
Expressing the views on this constructive alliance, N V Marathe,
Officiating Director of ARAI said, “It is important how we accelerate India’s
access to affordable and cleaner energy encompassing Bio economy. We see great
prospective here, and are delighted to join hands with Praj, India’s most
accomplished process engineering company in the Bio economy, to unlock enduring
worth of sustainable mobility for India. I am confident that this alliance will
not only boost Green Economy but also line-up with objectives of being ‘Vocal
for Local’ for self-sustenance.”
The collaboration between Praj and ARAI aims to reinforce India’s
position as a technology leader in the global biofuels industry. ARAI wishes to
execute mutually beneficial collaborative Projects for development of
technologies, to produce customized fuels for best efficiency in terms of
reduced fuel consumption and discharge emissions, under this alliance.