Praj GenX Secures Global Framework Agreement for Hyperscale Data Center Components
Praj GenX Ltd., a wholly owned subsidiary of Praj Industries Limited, has signed an exclusive framework supply agreement with a leading global engineering, procurement and construction (EPC) company. This deal establishes Praj GenX as a key player in the rapidly expanding data center sector by committing to manufacture and supply precision fabrication components and modules for hyperscale data center infrastructure projects.The agreement represents one of the long-term Framework Agreements that Praj GenX is pursuing with its global clientele across various industrial sectors. The framework commits a minimum business value of US$52 million, which translates to approximately ₹500 crore. Supplies under this contract are scheduled to be executed in multiple tranches over the next two and a half years.
The execution of the first tranche has already commenced at Praj GenX's megamanufacturing facility located in Mangaluru, Karnataka. This state-of-the-art facility was designed utilizing Industry 5.0 principles, combining advanced automation, collaborative robotics, and other world-class infrastructure dedicated to precision fabrication.
Praj GenX leverages its engineering expertise and modular manufacturing capabilities to serve as a trusted partner for international customers in various high-growth industrial fields. These sectors include oil & gas, advanced biofuels, sustainable aviation fuel (SAF), hydrogen, carbon capture, and the emerging digital infrastructure market represented by hyperscale data centers.
Commenting on this development, Dr. Pramod Chaudhari, Chairman of Praj GenX and Founder Chairman of Praj Group, stated that the agreement is a significant milestone for the company. He noted that it validates Praj GenX's engineering expertise and commitment to execution excellence. Dr. Chaudhari added that as rapid adoption of AI and cloud computing drives unprecedented investments in hyperscale data centers worldwide, the company views this contract as a substantial long-term opportunity for building enduring global partnerships.
About Praj Industries Limited
Praj Industries Limited is identified as a global biotechnology and engineering company focused on innovation, integration, and delivery capabilities. For over four decades, Praj has supported the transition to a sustainable future across the Bioeconomy, Energy Transition, and Industrial Infrastructure.The wholly owned subsidiary, Praj GenX, specializes in manufacturing modular packages and critical process equipment for high-growth industrial sectors, including advanced biofuels, SAF, hydrogen, carbon capture, and digital infrastructure. Praj’s other specialized entities include:
| Entity | Focus Area |
|---|---|
| Praj GenX | Modular packages and precision components for high-growth industry (e.g., data centers). |
| Praj Matrix | State-of-the-art research and development center focusing on clean energy, renewable fuels, chemicals, and materials. |
| Praj HiPurity Systems | High-purity process systems and turnkey solutions for the pharmaceutical, biotechnology, and healthcare industries. |
Praj Industries Limited is listed on both the BSE Limited and the National Stock Exchange of India (NSE).
PRAJIND Stock Price Movement
Today, Praj Industries Limited shares edged higher to close at ₹315.05, gaining 0.99% after trading on a buoyant trend. The stock saw strong investor activity throughout the session, with 381,592 shares transacted during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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