GAIL infuses ₹130 Million in TruAlt Bioenergy's Subsidiary Leafiniti

TruAlt Bioenergy Limited today announced a strategic investment of ₹130 million by GAIL (India) Limited in its subsidiary, Leafiniti Bioenergy Private Limited (LBPL), marking a significant step in advancing its Compressed Biogas (CBG) portfolio and strengthening its role in India's energy transition.

This investment is pursuant to the Share Subscription-cum-Shareholders' Agreement executed on August 11, 2025, under which GAIL is set to acquire 49% equity stake in Leafiniti. Under the terms of the agreement, GAIL will invest an aggregate amount of ₹13,54,32,150 (₹130 million) towards subscription of equity shares in Leafiniti, with the capital to be deployed towards new CBG projects. Post completion of the transaction, TruAlt will retain a stake of 51%, while GAIL will hold 49% equity, reflecting a balanced and strategic partnership structure. The investment is aligned with defined project approvals and governance mechanisms, ensuring disciplined capital allocation and phased scale-up of the clean gas portfolio.

The 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, TruAlt Bioenergy, said: "In an era defined by geopolitical flux and the reconfiguration of global energy supply chains, nations are being compelled to fundamentally rethink the foundations of their energy security. For India, this moment presents a historic opportunity to transition from being a price-taker in global fuel markets to becoming a builder of resilient, self-sustaining energy systems. At TruAlt Bioenergy, we see clean gas, particularly CBG, as a strategic cornerstone of this transition. It offers India a uniquely powerful pathway to decouple growth from volatility by converting its abundant agricultural resources into a stable, indigenous energy source, while placing farmers at the very heart of the energy value chain.

Our partnership with GAIL is a decisive step towards institutionalising this vision at scale, creating a distributed, circular energy ecosystem that is as economically robust as it is environmentally restorative.

This joint venture goes beyond infrastructure or investment; it reflects a new paradigm in energy thinking where national security, rural prosperity and climate action are not competing priorities, but converging outcomes. By aligning public sector strength with private sector innovation, we are building an energy architecture that is future-ready, globally competitive, and fundamentally rooted in India's strengths. In doing so, we are not just responding to the uncertainties of today, we are shaping the contours of a more secure, self-reliant, and climate-resilient energy future for India." Nirani added.

Rajeev Kumar Singhal, Director Business Development, GAIL (India) Limited, said: "India currently imports about 50% of its natural gas requirement. By scaling up CBG, we can reduce foreign exchange outflows strengthen energy security against global price and supply shocks. We are seeing a future where our energy is produced locally, in our own villages and cities. CBG is not just a fuel, it addresses waste management, fuels our transport, and empowers our rural heartlands. Government of India is also supporting CNG sector in a big way to establish thousands of CBG plants nationwide with incentive schemes and favourable policy framework. The partnership between GAIL and TruAlt will complement the strengths of both companies in terms of GAIL's gas marketing expertise alongwith vast gas pipeline network and TruAlt's access to feedstock and its experience in operating CBG plant. I am confident that this strategic partnership will lead to the establishment of several new CBG plants."

Shares of GAIL (India) Limited was last trading in BSE at Rs. 151.00 as compared to the previous close of Rs. 147.65. The total number of shares traded during the day was 285733 in over 3130 trades.

The stock hit an intraday high of Rs. 151.60 and intraday low of 147.65. The net turnover during the day was Rs. 42768415.00.

Shares of Trualt Bioenergy Limited was last trading in BSE at Rs. 386.95 as compared to the previous close of Rs. 384.85. The total number of shares traded during the day was 3498 in over 143 trades.

The stock hit an intraday high of Rs. 390.55 and intraday low of 383.75. The net turnover during the day was Rs. 1356810.00.

Source : Equity Bulls

Keywords

GAILIndia INE129A01019 FundInfusion TrualtBioenergy INE0MWH01014 AgriculturalProducts