TRUALT BIOENERGY : SECURES RS 150 CR APPROVAL FOR SUSTAINABLE AVIATION FUEL PROJECT

• TruAlt Bioenergy has received approval for financial assistance of ₹150 crore under the Government of India's PM JI-VAN Yojana. • The approval, granted by the Centre for High Technology (CHT) under the Ministry of Petroleum & Natural Gas (MoPNG), is for its commercial-scale Sustainable Aviation Fuel (SAF) project at Bagalkot, Karnataka. • The financial assistance is expected to incentivize approximately 7-10% of the project's capital expenditure. • The proposed SAF facility will have a planned production capacity of 10 crore litres per annum. • The project aims to advance India's energy transition, decarbonize aviation, and reduce dependence on imported fossil fuels.

TruAlt Bioenergy Limited

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