Vijay Nirani, Founder and Managing Director of TruAlt Bioenergy, has announced plans to establish one of the world’s largest sustainable aviation fuel (SAF) plants in India. Highlighting the urgency of this initiative, Nirani pointed out that approximately 65% of emissions in the airline industry stem from fuel consumption.
Sharing the news on social media, TruAlt stated, “Taking to social media the company held, “our visionary leader, Mr. Vijay Nirani, announced that we’ll be setting up one of the world’s largest Sustainable Aviation Fuel (SAF) plants, right here in India. This initiative marks a major leap towards reducing aviation pollution and creating cleaner skies. Alternate fuels are not just the future, they are the solution we need today!”
TruAlt Bioenergy emphasizes that while technologies like batteries and green hydrogen may not be practical for aviation, alternative fuels, particularly biofuels, are crucial for decarbonizing the skies. As per sources, the upcoming SAF project of TruAlt will convert agricultural and other biomass waste into aviation biofuel, leveraging India’s abundant resources. Nirani also noted that despite this availability, India currently imports 70–80% of its energy needs in gas form.
In addition to the SAF plant, TruAlt Bioenergy is working to establish 17–18 Compressed Biogas (CBG) plants across the country. Nirani expressed gratitude to the Indian government for its National Biofuel Policy, which empowers companies like TruAlt to utilize the nation’s biofuel resources and support sustainable livelihoods for farmers.
TruAlt Bioenergy is one of India’s leading biofuel producers, recognized for its diverse portfolio and leadership in the ethanol sector. It holds the distinction of being India’s largest ethanol producer by installed capacity. Through its subsidiary, Leafiniti Bioenergy, the company is also a pioneer in Compressed Biogas (CBG) production under the Sustainable Alternative Towards Affordable Transportation (SATAT) scheme launched by the central government.
TruAlt is also mulling its IPO valued at Rs 1000 crore very soon as its proposal submitted to SEBI has been sanctioned.
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