Praj Industries Limited and Gevo Inc have signed a Development & Commercialization Agreement for Bio-Isobutanol (Bio-IBA) technology in India, strengthening their long-standing collaboration to advance sustainable, low-carbon fuel solutions. Under the agreement, Praj will lead the commercialization of Bio-IBA technology in India and hold exclusive rights to deploy the technology in the country.
The partnership will focus on developing commercial opportunities for Bio-IBA, with primary emphasis on diesel blending applications. The technology has the potential to help reduce the carbon intensity of diesel, one of the most widely used fuels across transportation and industrial sectors.
The agreement builds on more than a decade of collaboration between Praj and Gevo to adapt, develop and advance Bio-IBA technology for Indian feedstocks and market requirements. Praj brings expertise in India’s sugar- and starch-based feedstocks, engineering, project execution, scale-up and market development, while Gevo contributes its Bio-IBA technology and commercialization experience.
In a separate initiative supporting the broader adoption of Bio-IBA, Praj is establishing India’s first commercial Bio-IBA demonstration plant for a leading Oil Marketing Company. The project is being designed, engineered, supplied and erected by Praj using Gevo’s licensed Bio-IBA technology. The demonstration plant is expected to support validation of production, supply-chain and market-development pathways for future commercial opportunities in India.
Bio-IBA offers potential applications across transportation, agriculture, mining, construction and industrial operations. With India’s large diesel economy and availability of renewable feedstocks, the technology could contribute to efforts to reduce the carbon footprint of diesel-based applications. Fuel producers, vehicle and equipment manufacturers, research institutions and end users are also working on technology validation, application development, regulatory assessment and supply-chain preparedness for Bio-IBA-based diesel blending.
“This agreement marks an important milestone in our relationship with Praj and in the advancement of Bio-IBA in India,” said Paul Bloom, Chief Executive Officer, Gevo. “Gevo brings proven renewable isobutanol technology and commercialization experience, while Praj contributes deep expertise in engineering, deployment and market development. Together, we are creating a framework to unlock new opportunities for Bio-IBA, particularly in diesel applications, while supporting broader decarbonization objectives.”
“Our collaboration with Gevo has steadily evolved through technology development, application innovation and market-building efforts over the years,” said Dr Pramod Chaudhari, Founder Chairman, Praj Industries. “This Development & Commercialization Agreement establishes a strong foundation for bringing Bio-IBA to the Indian market. We believe Bio-IBA has the potential to emerge as an important renewable fuel solution for the diesel economy, complementing India’s broader energy transition and sustainability goals.”
According to the Petroleum Planning & Analysis Cell (PPAC), India consumed approximately 94.7 million tonnes of high-speed diesel in FY2025-26, highlighting the scale of the potential market. Beyond diesel blending, Bio-IBA can also serve as a platform molecule for producing Sustainable Aviation Fuel and other renewable chemicals.
Praj Industries is a global biotechnology and engineering company with more than four decades of experience across the Bioeconomy, Energy Transition and Industrial Infrastructure. With more than 1,000 customer references across over 100 countries, Praj provides technologies and engineering solutions spanning renewable fuels, chemicals, high-purity systems, wastewater treatment, critical process equipment and modular systems.
Gevo is a diversified energy company developing renewable fuels, chemicals and materials, including sustainable aviation fuel and motor fuels. Its operations include ethanol production, carbon capture and storage, renewable natural gas and specialty alcohol-to-jet fuel production. Through its technology and supply-chain capabilities, Gevo is focused on developing lower-carbon products while supporting energy security and economic activity in rural communities.