TruAlt Bioenergy Limited has announced a strategic investment of ₹130 million by GAIL (India) Limited in its subsidiary, Leafiniti Bioenergy Private Limited (LBPL). This move marks a significant advancement in TruAlt’s Compressed Biogas (CBG) portfolio and strengthens its role in India’s energy transition.
The investment is part of a Share Subscription-cum-Shareholders’ Agreement executed on August 11, 2025, under which GAIL will acquire a 49% equity stake in Leafiniti. GAIL is set to invest an aggregate amount of ₹13,54,32,150 (₹130 million) towards the subscription of equity shares in Leafiniti, with the capital earmarked for new CBG projects. Post-transaction, TruAlt will retain a 51% stake, while GAIL will hold 49%, reflecting a balanced and strategic partnership structure. The investment aligns with defined project approvals and governance mechanisms, ensuring disciplined capital allocation and phased scale-up of the clean gas portfolio.
This collaboration represents a significant milestone in India’s clean energy roadmap, combining TruAlt’s expertise in bioenergy production with GAIL’s extensive gas infrastructure and market reach. The joint venture will focus on establishing multiple greenfield CBG plants across Karnataka, Maharashtra, and Odisha, as part of a phased rollout designed to scale rapidly and deliver measurable environmental, economic, and social impact.
In its first phase, the joint venture will roll out six state-of-the-art greenfield plants, each with a capacity of 12 tonnes per day, primarily based on associated residues from sugar mills, delivering a combined annual output of 23,976 tonnes of CBG. This buildout is expected to create approximately 820 to 1,225 direct and indirect jobs, catalysing rural employment and economic activity. In addition to clean energy, the facilities will generate high-value agricultural inputs, including 97,902 tonnes of Fermented Organic Manure (FOM) and 4,70,862 tonnes of Liquid Fermented Organic Manure (LFOM) annually. This will improve soil health and strengthen circular agriculture, ensuring that farmers become active stakeholders and beneficiaries in India’s green energy transition.
From an environmental perspective, the JV’s first phase is projected to displace approximately 19,800 tonnes of fossil fuels annually and avoid 9,300 tonnes of methane emissions per annum, contributing meaningfully to India’s climate commitments, including its net-zero by 2070 vision.
Vijay Nirani, Founder & Managing Director of TruAlt Bioenergy, emphasised the strategic importance of the partnership, stating that it represents a decisive step towards institutionalising a vision of a distributed, circular energy ecosystem that is economically robust and environmentally restorative.
Rajeev Kumar Singhal, Director of Business Development at GAIL, highlighted the potential of CBG to reduce foreign exchange outflows and strengthen energy security against global price and supply shocks. He noted that the partnership between GAIL and TruAlt will leverage GAIL’s gas marketing expertise and pipeline network along with TruAlt’s access to feedstock and experience in operating CBG plants.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.