| Praj to raise $125mn for funding M&As |
| BS Reporter / Pune July 30, 2007 |
| The board of directors of ethanol technology major Praj Industries, which met on Saturday, cleared a proposal to raise up to $125 million to fund expansion and acquisition plans. A communication from the company said suitable options are being explored as the biofuel markets, worldwide, are undergoing growth through consolidation. On the producers |
