Trualt Bioenergy was originally incorporated as ‘TruAlt Energy Limited’ as a public limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated on March 31, 2021, by the Registrar of Companies, Karnataka at Bangalore (RoC). The name of the company was subsequently changed to ‘TruAlt Bioenergy Limited’, pursuant to a special resolution passed in the extra-ordinary general meeting of the Shareholders held on June 1, 2022, pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC on July 1, 2022. 

It is one of India’s largest biofuels producers, having strategically positioned its elves as a prominent and diversified player in the biofuels industry, particularly in the Ethanol sector. It is a green energy company steadfastly pursuing its objectives through a harmonious amalgamation of various policies laid out by the Government of India in its transition towards sustainable growth. From the foundational National Biofuels Policy 2018 to the strategic Ethanol Blending Program, the Pradhan Mantri JI-VAN Yojana, the SATAT initiative, to cutting-edge forays into green hydrogen and the globally significant Carbon Offsetting and Reduction Scheme for International Aviation, its vision seamlessly align with an extensive spectrum of governmental policies.

Business area of the company

The company 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. It also produces extra neutral alcohol and sells dry ice and liquid carbon-dioxide, being by-products of its production processes.

Products of the company

• 1G Ethanol: First-generation (1G) Bio-Ethanol is produced from biomass such as sugar containing materials like sugar cane juice, molasses, sugar beet etc and starch containing materials such as corn, cassava, rotten vegetables such as potatoes, damaged food grain etc.
• Compressed Biogas: Compressed Biogas (CBG) is an energy-rich gas produced through the anaerobic decomposition of biomass, primarily sourced from waste or biomass materials such as agricultural residue, cattle dung, sugarcane press mud, municipal solid waste and sewage treatment plant waste.
• Extra Neutral Alcohol: Extra Neutral Alcohol (ENA) is the purest form of alcohol mainly used for spirits produced from different raw materials such as sugarcane molasses or grains like corn, rye, wheat, barley and rice.
• Fermented Organic Manure: Fermented Organic Manure (FOM) is a byproduct of operational biogas or compressed biogas (CBG) plants used as a fertilizer.

History and milestones

• 2021: Incorporation of the company 
• 2022: Acquired distillery facilities, TBL Unit 1, TBL Unit 2 and TBL Unit 3 having installed ethanol production capacities of 150 KLPD, 240 KLPD and 200 KLPD, respectively (as of March 31, 2022), by way of business transfer agreements each dated September 26, 2022 
• 2022: The installed ethanol production capacity of TBL Unit 2 increased from 240 KLPD to 500 KLPD 
• 2023: The installed ethanol production capacity of TBL Unit 1 increased from 150 KLPD to 700 KLPD 
• 2023: Acquisition of majority shareholding in Leafiniti Bioenergy Private Limited 
• 2024: On January 2, 2024, the company entered into a non-binding term sheet with GAIL (India) Limited for investing in the share capital of Leafiniti Bioenergy Private Limited, the wholly owned Subsidiary of the company, such that GAIL (India) Limited shall hold 49% of the shareholding of Leafiniti, for setting up nine additional compressed bio-gas projects, subject to due diligence and receipt of requisite approvals. 
• 2024: On October 25, 2024, the company entered into a memorandum of association with Sumitomo Corporation Asia & Oceania Pte. Ltd. for potential collaboration in the bioenergy sector 
• 2024: On November 18, 2024, the company entered into a non-binding memorandum of understanding with a Japanese trading and investment company and a Japanese gas company to establish a joint venture for setting up multiple CBG plants starting from three to five CBG plants in different parts of India 
• 2025: On February 18, 2025, the company entered into a non-binding term sheet with Sumitomo Corporation Asia & Oceania Pte. Ltd. for potential collaboration in the bioenergy sector 
• 2025: On August 11, 2025, the company entered into a share subscription cum shareholders’ agreement with GAIL (India) Limited and Leafiniti, pursuant to which GAIL (India) Limited shall subscribe to 49% of the equity share capital of Leafiniti.