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January 3, 2024
GAIL India and truAlt Bioenergy Limited, an ethanol producer in India, have signed a term sheet for GAILs 49% equity participation in TruAlts joint venture company Leafinti Bioenergy Limited, which owns and operates Indias second compressed bio gas (CBG) plant, with TruAlt Bioenergy holding 51%.
January 3, 2024
Gail: 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.
January 3, 2024
Delhi/Bengaluru: The government-owned natural gas company GAIL (India) Ltd and the leading ethanol producer in India, TruAlt Bioenergy Ltd, have agreed to GAIL investing in TruAlt's joint venture, Leafinti Bioenergy Ltd.
September 21, 2023
The decision was announced on 20th September 2023, and Indias bid was chosen over Switzerland and UAE.