TRUALT BIOENERGY : SECURES RS 150 CRORE FINANCIAL ASSISTANCE APPROVAL FOR SUSTAINABLE AVIATION FUEL PROJECT

• TruAlt Bioenergy Limited has received approval for financial assistance of ₹150 crore under the Government of India's PM JI-VAN Yojana. • The approval was granted by the Centre for High Technology (CHT) under the Ministry of Petroleum & Natural Gas (MoPNG). • The financial assistance is expected to incentivize approximately 7-10% of the project's capital expenditure. • The project involves a planned production capacity of 10 crore litres per annum of Sustainable Aviation Fuel (SAF). • The facility aligns with India's SAF blending targets of 1% by 2027, 2% by 2028, and 5% by 2030. • The financial assistance will be released in accordance with project milestones and the terms of the Memorandum of Agreement.

TruAlt Bioenergy Limited

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