Latest news with #TruAltBioenergy
NDTV
5 days ago
- Business
- NDTV
Green Rev 2025: India's Renewable Energy Revolution Gains Momentum
New Delhi: Green Rev 2025 wrapped up in New Delhi this week, spotlighting India's strides in renewable energy, biofuels, and rural development. A one-day summit dedicated to India's Green Fuel Revolution by Trualt Bioenergy in association with NDTV brought together policymakers, industry leaders, and energy experts to discuss strategies that aim to make India a global clean energy leader. Minister of New and Renewable Energy, Pralhad Joshi, highlighted the country's achievements and set the stage for future targets, while industry leaders and policymakers discussed innovations in biofuels, sustainable aviation fuel, and Compressed Bio-Gas (CBG). Speaking at the closing session, the Union Minister spoke on India's position as a global leader in clean energy. 'India is the only G20 country that has achieved 50 per cent of its installed capacity through non-fossil fuels. Ahead of almost five years of schedule, we have reached this milestone,' he said, talking about the government's target of 500 gigawatts of renewable energy by 2030. 'This year alone, we have already achieved 22 gigawatts, and we may reach not less than 40–45 gigawatts.' The minister also spoke of the country's push toward energy self-reliance, while remaining deeply connected to India's agricultural and rural landscapes. 'In the past decade, ethanol blending increased from 1.5 per cent to 20 per cent, providing cleaner pathways for energy while supporting farmers,' he noted. Union Minister Nitin Gadkari focused on the rural economy and agriculture. He pointed out the challenges of agricultural surpluses and rural migration. 'While 55 per cent of our population depends on agriculture, it contributes only 14 per cent to GDP growth. Wheat, rice, sugar, and corn surpluses make farming non-viable in many areas. Our government's initiative is to diversify agriculture toward energy and power,' Mr Gadkari said. Tarun Kapoor, adviser to the Prime Minister, discussed the promise of biofuels and energy independence. 'We are looking at ethanol, compressed biogas, and biodiesel to reduce imports, create jobs, and develop homegrown technologies,' he said. Mr Kapoor also shared insights into innovative projects like the 2G ethanol plant in Assam, which plans to convert bamboo into biofuel while producing high-value byproducts, making large-scale bioenergy plants economically viable. Industry leaders also took the stage. Vijay Nirani, Managing Director of TruAlt Bioenergy, spoke about the potential of Sustainable Aviation Fuel (SAF). 'SAF is a phenomenal opportunity. We can power aircraft across continents using fuel produced by farmers,' he said, speaking of the integration of green power and hydrogen from biomass plants. Vishal Nirani, Director at TruAlt Bioenergy, explained how sugar and ethanol complexes are being leveraged for Compressed Bio-Gas (CBG) production. 'The feedstock, infrastructure, and connectivity are already in place. By converting agricultural residues into CBG, we create energy, generate organic manure, and strengthen circular agriculture,' he said. The event also spotlighted the partnership between TruAlt Bioenergy - India's largest biofuels producers and GAIL (India) Limited - India's largest natural gas company, aiming to scale India's CBG sector with six new plants, creating over 1,000 direct and indirect jobs while reducing methane emissions and fossil fuel dependency. The collaboration represents a significant milestone in the nation's clean energy roadmap, combining TruAlt Bioenergy's expertise in bioenergy production with GAIL's extensive infrastructure and market reach. The JV will focus on establishing multiple greenfield CBG plants as part of a phased rollout designed to scale rapidly and deliver measurable environmental, economic, and social impact. The collaboration represents a significant milestone in the nation's clean energy roadmap, combining TruAlt Bioenergy's expertise in bioenergy production with GAIL's extensive infrastructure and market reach. The JV will focus on establishing multiple greenfield CBG plants as part of a phased rollout designed to scale rapidly and deliver measurable environmental, economic and social impact.
Time of India
5 days ago
- Business
- Time of India
GAIL, TruAlt Bioenergy form joint venture to boost compressed biogas sector
TruAlt Bioenergy , a biofuels producer, on Wednesday said it has entered into a strategic joint venture with GAIL (India) to accelerate the development of India's compressed biogas (CBG) sector. According to the official press release, as part of the agreement, GAIL will acquire a 49 per cent equity stake in Leafiniti Bioenergy (LBPL), a wholly-owned subsidiary of TruAlt. This transaction is subject to the completion of certain conditions and approval from the Department of Investment and Public Asset Management (DIPAM). LBPL has been operating a 10.2 tonnes per day (TPD) press-mud-based CBG plant in Karnataka since 2021. According to the press release, the joint venture will focus on establishing multiple greenfield CBG plants in a phased rollout. The first phase will involve setting up six new state-of-the-art plants, each with a capacity of 12 TPD. These plants will primarily use associated products from sugar mills as feedstock, with a combined annual output of 23,976 tonnes of CBG. 'Together, we are laying the foundation for a decentralised, circular energy economy that uplifts rural livelihoods, transforms agricultural residues into economic value, and delivers measurable carbon reductions,' said Vijay Nirani, Founder & Managing Director of TruAlt Bioenergy. Economic and environmental impact The development of these new facilities is expected to have a significant positive impact on both the economy and the environment. The first phase alone is projected to create between 700 and 1,050 direct and indirect jobs, boosting rural employment and economic activity. In addition to producing clean energy, the plants will also generate valuable agricultural inputs. These include an estimated 83,916 tonnes of Fermented Organic Manure and 403,596 tonnes of Liquid Fermented Organic Manure annually. From an environmental standpoint, the joint venture's initial phase is expected to displace approximately 17,000 tonnes of fossil fuels and avoid 8,000 tonnes of methane emissions each year.
Business Standard
12-06-2025
- Business
- Business Standard
TruAlt Bioenergy Secures Oil Marketing Company (OMC) Status, Set to Launch Retail Flex Fuel Network
PNN Bengaluru (Karnataka) [India], June 12: In a landmark development for India's energy transition, TruAlt Bioenergy Limited, India's largest ethanol producer and one of the country's leading integrated biofuels companies, has been officially granted authorisation as an Oil Marketing Company (OMC). Leveraging its strengths in ethanol and compressed biogas (CBG), TruAlt is now authorised to directly market clean fuels like ethanol and Bio-CNG, along with retailing Motor Spirit (Petrol) and High-Speed Diesel (HSD) across India, marking a strategic entry into the country's fuel retailing sector. As one of the first private biofuel companies in India to receive this authorisation, TruAlt now joins an exclusive league of players licensed to market and retail petroleum products across the country. This recognition affirms the company's robust manufacturing capabilities and leadership in driving India's clean energy transition, empowering it to offer a seamless retail experience that integrates both biofuels and conventional fuels. TruAlt Bioenergy's entry into the fuel retail sector is both timely and transformational. Backed by its deep manufacturing strengths in ethanol and Bio-CNG, TruAlt will offer a unique retail experience that blends conventional and renewable fuels under one roof, including petrol, diesel, E93, Bio-CNG, EV charging points and battery swapping facilities. This future-ready model aligns with India's broader vision for energy security, clean mobility and decentralised fuel access. Under its OMC authorisation, TruAlt Bioenergy is committed to ensuring inclusive fuel access by establishing at least 5% of its retail outlets in notified remote areas, advancing the government's goal of last-mile energy connectivity. In the initial rollout, the company plans to launch over 100 strategically located fuel stations in Karnataka and Maharashtra, creating a robust retail network that will cater to both conventional fuels and next-generation blended alternatives, including ethanol and Bio-CNG. This expansion is expected to generate employment opportunities for over 2,000 people across urban and rural regions, contributing meaningfully to local economies and supporting India's broader energy transition goals. Commenting on the milestone, Vijay Nirani, Managing Director of TruAlt Bioenergy, said, "Securing OMC status marks a defining step in TruAlt Bioenergy's growth journey. This milestone enables us to directly serve India's evolving fuel needs while accelerating the shift toward cleaner energy. While our retail network will support conventional fuels, our greater focus will be on integrating biofuels and expanding rural outreach. By setting up outlets across high-demand corridors and remote regions, we aim to drive rural development, generate local employment, and help build a more inclusive and sustainable energy infrastructure for the country. Farmers have always been at the heart of our model. By sourcing agri-residue and biomass directly from rural communities, we are creating value at the grassroots while powering clean energy solutions like ethanol and Bio-CNG. Through this circular approach from farm to fuel and back to farm, we are returning health to the soil and wealth to the farmer, making sustainability economically empowering." As a vertically integrated player, TruAlt Bioenergy commands a 7% market share in molasses-based ethanol and 3.7% in overall ethanol supply, making it a key pillar of India's Ethanol Blending Programme (EBP). With rapid expansion underway in compressed biogas (CBG) production, the company is also poised to become one of the largest Bio-CNG producers in the country, further strengthening its leadership in the clean fuels segment. This milestone comes at a time when India's fuel economy is undergoing a structural transformation driven by rising energy consumption, expanding mobility, and a decisive national shift toward cleaner alternatives. In FY 2024-25, the country recorded its highest-ever petroleum product consumption at 239.5 million metric tonnes (MMT), led by 7.5% growth in petrol, 8.9% in aviation turbine fuel (ATF), and steady gains in LPG and diesel. Over the past decade, petrol consumption has grown at a CAGR of 7.7%, reflecting the surge in personal mobility. The diesel-to-petrol ratio has dropped from 3.6 to 2.3, underscoring a clear shift in consumer preferences and offering a major inflexion point for next-generation fuel retail. "With over 2.5 crore cars sold annually, surpassing the population of many countries, India's appetite for mobility is growing at an extraordinary pace. This is our moment to shape a retail network that fuels today's growth while powering the transition to a cleaner, more intelligent, and purpose-driven mobility ecosystem," Nirani further added. India's biofuel programme is also gaining scale at an unprecedented pace. Ethanol blending in petrol has surged to 18.4% in the current ethanol supply year (ESY 2024-25), with a record 19.7% blending achieved in February 2025, bringing the country within striking distance of its 20% target. This rapid progress is opening up new opportunities for companies with integrated biofuel capabilities, especially as flex-fuel vehicles and E20-ready infrastructure become mainstream. In line with its strategy to move up the biofuels value chain and tap into high-growth global markets, TruAlt Bioenergy is actively advancing its entry into Sustainable Aviation Fuel (SAF) production and intends to set up a facility with an annual capacity of 10 crore litres. This is likely to position the company as one of the world's largest producers of SAF from ethanol, while also placing India at the forefront of global sustainable aviation efforts. About TruAlt Bioenergy Limited: TruAlt Bioenergy Limited is one of India's largest and most forward-looking biofuel producers, playing a pivotal role in the country's transition toward clean and sustainable energy. Positioned as a diversified leader in the bioenergy sector, the company operates five distilleries based on sugarcane juice and molasses, with a combined ethanol production capacity of 2,000 KLPD, making it the largest ethanol producer in India. TruAlt is also among the early adopters of Compressed Biogas (CBG) under the Government of India's SATAT (Sustainable Alternative Towards Affordable Transportation) initiative. Through its subsidiary, Leafiniti Bioenergy Private Limited, the company operates CBG plants, which also generates solid and liquid fermented organic manure (FOM) as by-products supporting circular agriculture and waste-to-energy innovation. With its integrated biofuels platform, strategic infrastructure and a commitment to rural value creation, TruAlt Bioenergy is shaping the next phase of India's green energy landscape delivering scale, sustainability, and inclusive growth. For more information or media enquiries, please contact: - Ms. Shivaaneey Rai, TruAlt Bioenergy - +91-9545850823 / avpcomms@
NDTV
11-06-2025
- Business
- NDTV
TruAlt Bioenergy, An Ethanol Producer, Gets Oil Marketing Company Status
New Delhi: In a development push for India's energy transition, TruAlt Bioenergy Limited - country's largest ethanol producer and one of the leading integrated biofuels companies - has been officially granted authorisation as an Oil Marketing Company (OMC). With this, the company is now authorised to licensed to market and retail petroleum products, and directly market clean fuels like ethanol and Bio-CNG, along with retailing Motor Spirit (Petrol) and High-Speed Diesel (HSD) across the country. Under the OMC authorisation, TruAlt Bioenergy is committed to ensuring inclusive fuel access by establishing at least 5 per cent of its retail outlets in notified remote areas, advancing the government's goal of last-mile energy connectivity, an official release by the company said. In the initial rollout, the company plans to launch over 100 strategically located fuel stations in Karnataka and Maharashtra, creating a robust retail network that will cater to both conventional fuels and next-generation blended alternatives, including ethanol and Bio-CNG. According to the company, the expansion is expected to generate employment opportunities for over 2,000 people across urban and rural regions. Vijay Nirani, Managing Director of TruAlt Bioenergy, in a statement, said, "Securing OMC status marks a defining step in TruAlt Bioenergy's growth journey. This milestone enables us to directly serve India's evolving fuel needs while accelerating the shift toward cleaner energy. While our retail network will support conventional fuels, our greater focus will be on integrating biofuels and expanding rural outreach." He added, "Farmers have always been at the heart of our model. By sourcing agri-residue and biomass directly from rural communities, we are creating value at the grassroots while powering clean energy solutions like ethanol and Bio-CNG. Through this circular approach from farm to fuel and back to farm, we are returning health to the soil and wealth to the farmer, making sustainability economically empowering." The company said that they command a 7 per cent market share of molasses-based ethanol and 3.7% of the overall ethanol supply. In FY 2024-25, India recorded its highest-ever petroleum product consumption at 239.5 million metric tonnes (MMT), led by 7.5 per cent growth in petrol, 8.9 per cent in aviation turbine fuel (ATF), and steady gains in LPG and diesel. The diesel-to-petrol ratio has dropped from 3.6 to 2.3, underscoring a shift in consumer preferences. "With over 2.5 crore cars sold annually, surpassing the population of many countries, India's appetite for mobility is growing at an extraordinary pace. This is our moment to shape a retail network that fuels today's growth while powering the transition to a cleaner, more intelligent, and purpose-driven mobility ecosystem," Mr Nirani said. All About TruAlt Bioenergy Limited TruAlt Bioenergy Limited is one of India's largest biofuel producers, playing a pivotal role in the country's transition toward clean and sustainable energy. Positioned as a diversified leader in the bioenergy sector, the company operates five distilleries based on sugarcane juice and molasses, with a combined ethanol production capacity of 2,000 KLPD, making it the largest ethanol producer in India. TruAlt is also among the early adopters of Compressed Biogas (CBG) under the Government of India's SATAT (Sustainable Alternative Towards Affordable Transportation) initiative. Through its subsidiary, Leafiniti Bioenergy Private Limited, the company operates CBG plants, which also generates solid and liquid fermented organic manure (FOM) as by-products, supporting circular agriculture and waste-to-energy innovation.
Time of India
10-06-2025
- Automotive
- Time of India
TrueAlt gets OMC status, plans 100 retail outlets
(You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Pune: The ministry of petroleum and natural gas has authorised biofuels company TruAlt Bioenergy as an oil marketing company (OMC), enabling it to do retail marketing of petrol and high-speed diesel. This will also allow the company to open 100 retail outlets . The company, which had applied for authorisation in November 2024, expects to begin operation of eight pumps by next week."We plan to operationalise 100 pumps in districts of north Karnataka and south Maharashtra," TruAlt Bioenergy managing director Vijay Nirani told ET. "TruAlt will offer petrol, diesel, E93, bio-CNG, EV charging points and battery swapping facilities."Although TruAlt does not have its own crude oil refinery, the company believes India's rapid scaling up of ethanol-blended petrol programme will open up new opportunities for companies with integrated biofuel capabilities, especially as flex-fuel vehicles.
