The joint venture aims to establish 10 Compressed Bio Gas (CBG) plants, with each unit having a daily production capacity of 10,000 kgs, a total annual production of over 33 million kgs of CBG, along with nearly 20 million kgs of Solid Fermented Organic Manure (SFOM) and over 30 million kgs of Liquid Fermented Organic Manure (LFOM). The initiative will process organic waste, including agricultural residue, sugarcane press mud, spent wash (waste generated during ethanol production), and other decomposable waste.

The investment will be funded through a combination of debt and equity, subject to favorable outcomes of due diligence and requisite approvals. The JV aims to not only contribute to local and agrarian economies but also generate employment opportunities for over 600 individuals.

Speaking on the occasion, Rajeev Kumar Singhal, Director (Business Development), GAIL, emphasized the viability of CBG as an alternative to imported fossil natural gas, aligning with the nation’s vision of a cleaner and greener fuel in line with Atmanirbhar Bharat.

Vijay Nirani, Founder and Managing Director of TruAlt Bioenergy, highlighted the company’s commitment to sustainable energy practices and the government’s support in creating a biofuel-based economy. Through this partnership, the aim is to establish a robust ecosystem for CBG in India, facilitating a smooth transition to economic and ecological sources of energy.

Subhransu Sekhar Biswal, Director of Leafinti Bioenergy, described the joint venture as a significant milestone that will revolutionize the bioenergy landscape. Besides producing biogas, the plants will yield fermented organic manure, contributing to sustainable agriculture practices.