TruAlt Bioenergy Gets Rs 150 Crore for Sustainable Aviation Fuel Plant in Karnataka
themachinemaker.comTruAlt Bioenergy, India's largest ethanol producer, has secured Rs 150 crore in government support for a new Sustainable Aviation Fuel (SAF) plant in Bagalkot, Karnataka. The funding comes from the PM JI-VAN Yojana, a central scheme that promotes advanced biofuels. The company plans to produce 10 crore liters of SAF annually at the facility. The financial assistance covers roughly 7 to 10 percent of the project's capital expenditure. This backing improves the economics of building large-scale SAF capacity in India. The project supports India's SAF blending targets of 1 percent by 2027, rising to 5 percent by 2030. It also aligns with international aviation decarbonization efforts under CORSIA. TruAlt already runs 2,000 KLPD of ethanol capacity and operates across compressed biogas and other renewable segments. The SAF plant will help reduce aviation emissions domestically and cut reliance on imported fossil jet fuel. The funding will be released in stages tied to project milestones.
