Monday, 3 August 2026

Indian corporate news, decoded into deal flow

NSE LIVE
NIFTY 50 INDIA VIX
as of
MARKETS
DEAL FLOW
Birla Cable Q1 FY27 Results: Net… ▲ Results Details Ethos Limited Q1 FY27 Results: Revenue… ▲ Results Details IREDA Q1 FY27 Results: PAT Rises… ▲ Results Details Kansai Nerolac Approves Major Capacity Expansion… ▲ Capex & Future Plans Artemis Medicare Approves 200+ Bed Capacity… ▲ Capex & Future Plans Sambhv Steel Tubes Approves ₹25 Crore… ▲ CAPEX & FUTURE PLAN KEI Industries Approves ₹700 Crore Capacity… ▲ CAPEX & FUTURE PLAN
Home / Order Book / Praj Industries’ Subsidiary Praj GenX Secures ₹500 Crore Global Data Center Supply Agreement
OB · Order Book

Praj Industries’ Subsidiary Praj GenX Secures ₹500 Crore Global Data Center Supply Agreement

Praj Industries Limited has announced that its wholly owned subsidiary, Praj GenX Ltd., has entered into an exclusive framework supply agreement with a leading global engineering, procurement, and construction (EPC) company to manufacture and supply precision fabrication components and modular solutions for hyperscale data center infrastructure projects.

The development was disclosed by the company in a press release submitted to the stock exchanges on August 3, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

₹500 Crore Minimum Business Commitment

Under the long-term framework agreement, Praj GenX has been appointed as the preferred supplier for specific product categories that will be deployed in hyperscale data center projects executed by the global EPC partner.

The agreement carries a minimum committed business value of US$52 million (approximately ₹500 crore). Supplies will be executed in multiple phases over the next two and a half years, providing long-term revenue visibility for the company.

Production Begins at Mangaluru Mega Facility

Praj GenX has already commenced execution of the first tranche of the order at its state-of-the-art manufacturing facility in Mangaluru, Karnataka.

Built on Industry 5.0 principles, the facility integrates advanced automation, collaborative robotics, and precision fabrication technologies, enabling the company to manufacture high-quality industrial modules for global customers.

Strategic Entry into the Data Center Industry

The agreement marks Praj GenX’s entry into the rapidly expanding hyperscale data center market, one of the fastest-growing infrastructure segments globally.

According to the company, the contract is one of several long-term framework agreements it is pursuing with international customers across multiple industrial sectors. In addition to data centers, Praj GenX serves industries including:

  • Oil & Gas
  • Advanced Biofuels
  • Sustainable Aviation Fuel (SAF)
  • Hydrogen
  • Carbon Capture
  • Digital Infrastructure

Management Commentary

Commenting on the milestone, Dr. Pramod Chaudhari, Chairman of Praj GenX and Founder Chairman of Praj Group, said the agreement validates the company’s engineering capabilities, manufacturing expertise, and execution excellence.

He noted that the rapid adoption of artificial intelligence (AI) and cloud computing is driving significant global investments in hyperscale data centers, creating substantial long-term opportunities for the company. He added that Praj GenX aims to build enduring partnerships with global customers as demand for advanced digital infrastructure continues to grow.

About Praj Industries

Praj Industries is a global biotechnology and engineering company with more than four decades of experience in delivering sustainable technology solutions across the bioeconomy, energy transition, and industrial infrastructure sectors.

The company has established over 1,000 customer references in more than 100 countries, offering technologies for renewable fuels, sustainable chemicals, industrial process systems, and engineering solutions.

Its subsidiary Praj GenX specializes in engineering and manufacturing modular process packages and critical equipment for high-growth industries, while Praj Matrix, the company’s advanced R&D center, focuses on developing next-generation clean energy, renewable fuel, and chemical technologies.

Key Takeaways

  • Praj GenX signs an exclusive global framework supply agreement for hyperscale data center infrastructure.
  • Minimum committed business value: US$52 million (approximately ₹500 crore).
  • Supplies to be executed over the next 2.5 years.
  • Production has already commenced at the company’s Industry 5.0-enabled Mangaluru manufacturing facility.
  • The agreement marks Praj GenX’s strategic entry into the global hyperscale data center sector, supported by rising investments in AI and cloud computing infrastructure.