Trualt Bioenergy: ₹750 Cr IPO, 16 CBG Plants & 55% Growth | Decent Listing, What’s Next? | ET Now #ETNOW
Trualt Bioenergy: ₹750 Cr IPO, 16 CBG Plants & 55% Growth | Decent Listing, What’s Next? | ET Now
Trualt Bioenergy: ₹750 Cr IPO, 16 CBG Plants & 55% Growth | Decent Listing, What’s Next? | ET Now
Trualt Bioenergy shares its growth blueprint after a successful ₹750 crore IPO. Managing Director Vijay Nirani reveals plans to expand capacity from 200 to 300 KLPD with ₹150 crore capex for multi-feed ethanol production, enhancing feedstock flexibility & margins. The company is adding 16 new CBG plants via joint ventures with GAIL and Sumitomo Corporation under the India–Japan JCM initiative. Aiming for ₹1,900 crore revenue by FY26 a 55% jump from FY24.
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