Trualt Bioenergy has entered into a Joint Venture Agreement (JVA) and Share Purchase Agreement (SPA), with Japan-based Sumitomo Corporation, marking a pivotal milestone in accelerating India’s compressed biogas (CBG) ecosystem. The collaboration aims to develop and scale a robust network of commercial CBG plants. The initial phase includes four CBG production facilities, with scope for additional plants as outlined in the Joint Venture Agreement. The business includes the production, sales, and distribution of CBG, along with value-accretive by-products such as fermented organic manure, biogenic CO2, and carbon credits.
By combining TruAlt’s integrated bioenergy expertise with Sumitomo Corporation’s global industrial experience, the partnership strengthens India’s clean energy transition, promotes circular bioeconomy solutions, and lays the foundation for a future-ready sustainable fuel infrastructure.
Trualt Bioenergy is one of India’s largest biofuels producers, having strategically positioned its elves as a prominent and diversified player in the biofuels industry in India, primarily in the production of Ethanol.
