New Delhi: Praj Industries Ltd today said it had bagged a contract worth Rs 120 crore for supply of key equipment to a bioethanol plant in Europe.

We have received a contract for supply of key equipment to Vivergo Fuels, UK. The plant is designed to produce approximately 400 million litres of fuel ethanol a year (12,00,000 litres per day). This is our fourth bioethanol plant project in Western Europe," the company said in a statement.

Praj Industries has received the order through its subsidiary, BioCnergy Europa B V, which is its joint venture with Aker Solutions, Netherlands.