Dr. Pramod Chaudhari of Praj Industries with Mr. N V Marathe of ARAI
Biofuels developed for the mobility sector will have a positive impact on environment by way of reduced carbon footprint and improved tail pipe emissions. 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.
Praj will utilise its expertise of over three decades in developing and deploying biofuel technology solutions through its TEMPO business model, while ARAI is experienced in alternative fuels and green and sustainable mobility. ARAI is also 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 percent, 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.
“We are delighted to partner with ARAI, India’s premier institution, to develop application technologies to create a positive impact on environment and society” said Dr. Pramod Chaudhari, Executive Chairman, Praj Industries, speaking on the occasion of formalising the alliance. “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.”
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 customised fuels for best efficiency in terms of reduced fuel consumption and discharge emissions, under this alliance.