GAIL invests Rs 130 million in Leafiniti to develop CBG plants
GAIL (India) Limited has invested Rs 130 million in Leafiniti Bioenergy Private Limited, a subsidiary of TruAlt Bioenergy Limited, to co-develop a portfolio of Compressed Biogas (CBG) plants across Karnataka, Maharashtra, and Odisha. The investment follows a Share Subscription-cum-Shareholders’ Agreement signed on August 11, 2025. Under this, GAIL will acquire a 49% equity stake in Leafiniti, while TruAlt will retain 51%. The capital will be deployed in phases, linked to project approvals and defined capital…