Key Development

TruAlt Bioenergy Limited has received approval for financial assistance of ₹150 crore under the Government of India's PM JI-VAN Yojana (Jaiv Indhan–Vatavaran Anukool Fasal Awashesh Nivaran) for its proposed commercial-scale Sustainable Aviation Fuel (SAF) project.

Project Details

  • Location: Bagalkot, Karnataka
  • Production Capacity: 10 crore litres per annum
  • Financial Assistance: ₹150 crore
  • Capex Coverage: The assistance is expected to incentivize approximately 7–10% of the project's capital expenditure
  • Approving Authority: Centre for High Technology (CHT) under the Ministry of Petroleum & Natural Gas (MoPNG)

Strategic Significance

The SAF project is positioned to:

  • Advance India's energy transition and aviation decarbonization objectives
  • Develop domestic SAF ecosystem and strengthen indigenous production of low-carbon aviation fuels
  • Reduce dependence on imported fossil fuels
  • Support India's long-term net-zero ambitions
  • Align with global aviation decarbonization under Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)
  • Support India's SAF blending targets: 1% by 2027, 2% by 2028, and 5% by 2030

Company Background Context

TruAlt Bioenergy Limited is described as:

  • India's largest ethanol producer with installed ethanol production capacity of 2,000 KLPD
  • India's only dedicated bioenergy enterprise with integrated operations across biofuels value chain
  • First biofuels company in India to attain Oil Marketing Company (OMC) status
  • Early producer of Compressed Biogas (CBG) under Government's SATAT scheme
  • Building comprehensive circular bioeconomy platform producing Fermented Organic Manure (FOM) and Liquid Fermented Organic Manure (LFOM)

Management Commentary

Mr. Vijay Nirani, Managing Director, stated: "This milestone represents far more than the development of a new facility, as the world accelerates towards decarbonizing aviation, Sustainable Aviation Fuel will become an indispensable pillar of the future energy landscape. At TruAlt, we are committed to building globally competitive, indigenous solutions that strengthen India's energy security while advancing climate goals."

Implementation Timeline

The financial assistance will be released in accordance with project milestones and the terms of the Memorandum of Agreement to be executed with the Centre for High Technology.

Additional Information

The press release is available on the Company's website at www.trualtbioenergy.com.