Praj’s triumph is always around the corner, never there
Biofuels do hold promise, but their heavy reliance on price-sensitive crops like sugarcane casts doubts on the future of India’s leading ethanol plant manufacturer.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Can insurers deny your claim over using E20 fuel?
Most petrol pumps across India today offer petrol blended with 20% ethanol, which can damage your vehicle if it is not compatible.
Regulator deals a big blow to IEX’s monopoly on power trading
India's largest, most dominant power exchange is staring at market share and earnings loss after a key decision by the electricity regulator. Shareholders are not happy. Separately, a big win for climate litigation globally.
On air pollution, power producers get a hall pass
India has rolled back rules that require thermal power plants to install equipment to cut sulphur dioxide emissions, marking yet another failure in the fight against air pollution.