GAIL and TruAlt Bioenergy form JV for compressed biogas plants
GAIL (India) Limited has entered into a joint venture with TruAlt Bioenergy to expand the compressed biogas (CBG) sector. As part of the agreement, GAIL will acquire a 49 per cent equity stake in Leafiniti Bioenergy Private Limited, a wholly owned subsidiary of TruAlt. The transaction is subject to conditions precedent and approval from the Department of Investment and Public Asset Management. The joint venture will set up multiple greenfield CBG plants in phases, beginning…

