Hon’ble Chief Minister Yogi Adityanath Inaugurates 300 KLPD Grain-Based Distillery by Keyaan Distilleries, Designed & Engineered by Praj Industries
The stock gave multibagger returns of 765 per cent in just 5 years whereas as BSE Sensex Index is up by 150 per cent.
In a major step towards strengthening Uttar Pradesh’s industrial and agricultural landscape, Keyaan Distilleries Pvt Ltd inaugurated its state-of-the-art 300 KLPD grain-based distillery, scalable up to 500 KLPD. The facility was inaugurated by Hon’ble Chief Minister Shri Yogi Adityanath Ji, reaffirming the state’s commitment to green growth, rural development, and investment-led transformation.
Designed, engineered, and commissioned by Praj Industries Ltd, a global leader in industrial biotechnology, the facility will produce fuel ethanol and rectified spirit for medicinal use using broken rice, maize, and corn as feedstock. The project strengthens the agro-processing sector and contributes to India’s ethanol blending roadmap. Spread across 30 acres, the distillery is expected to create over 1,200 direct and indirect jobs, while providing consistent demand for local grains—empowering farmers and integrating them into the clean energy value chain.
DSIJ's ‘Mid Bridge’ service recommends well researched Mid-Cap stocks for smart investing. If this interests you, download the service details here.
During the inauguration, CM Yogi Adityanath praised the project for enhancing energy security, promoting foreign exchange savings through reduced crude imports, and setting the stage for advanced green fuels like Sustainable Aviation Fuel (SAF). He lauded both Keyaan Distilleries and Praj Industries for building a world-class facility that aligns with the vision of Atmanirbhar Bharat.
As the technology partner, Praj Industries has delivered an integrated, future-ready distillery solution, combining high efficiency with environmental sustainability. With over 1,000 successful projects globally, Praj continues to drive innovation and transformation in the bioeconomy sector. The inauguration marks a defining moment in the journey toward a self-reliant, energy secure, and agriculturally empowered India.
About the Company
Praj Industries Ltd is a prominent Indian industrial biotechnology company that globally champions the bioeconomy through its innovative Bio-Mobility® and Bio-Prism® platforms, providing solutions for renewable transportation fuels and bio-based chemicals/materials. With a strong foundation built on innovation, integration, and delivery, Praj boasts over 1000 customer references across six continents, supported by its advanced R&D center, Praj Matrix. Beyond these core platforms, the company offers a diverse portfolio encompassing bio-energy, process equipment, breweries, and water treatment solutions, all delivered under responsible leadership as a publicly listed entity in India, serving the environment, energy, and agri-process sectors.
The stock gave multibagger returns of 765 per cent in just 5 years whereas as BSE Sensex Index is up by 150 per cent. Investors should keep this mid-cap stock under the radar.
Disclaimer: The article is for informational purposes only and not investment advice.