
TruAlt gets OMC licence; to launch 100 ethanol-BioCNG fuel stations
New Delhi:
TruAlt Bioenergy
, India's largest ethanol producer, has been granted authorisation as an
Oil Marketing Company (OMC)
, enabling it to directly retail ethanol,
Bio-CNG
, petrol, and diesel across the country, the company said.
With this authorisation, TruAlt becomes one of the first private biofuel firms to enter the fuel retail sector, aligning its operations with India's evolving
clean energy roadmap
. The company will offer a mix of renewable and conventional fuels including ethanol (E93), Bio-CNG, petrol, diesel, EV charging, and battery swapping facilities.
'Securing OMC status marks a defining step in TruAlt Bioenergy's growth journey. This milestone enables us to directly serve India's evolving fuel needs while accelerating the shift toward cleaner energy,' said Vijay Nirani, Managing Director, TruAlt Bioenergy.
In the first phase, the company plans to set up over 100 fuel stations in Karnataka and Maharashtra, integrating biofuels and conventional fuels under one retail experience. At least 5% of these outlets will be located in remote regions, adhering to the government's mandate for inclusive access.
The move is expected to generate employment for over 2,000 people, the company said.
India's petroleum product consumption rose to 239.5 million metric tonnes (MMT) in FY2024–25, with petrol growing at 7.5% and aviation turbine fuel (ATF) at 8.9%. The diesel-to-petrol ratio has dropped from 3.6 to 2.3 in the past decade, indicating a shift in demand and presenting new opportunities for blended fuel models.
'As India's appetite for mobility surges, this is our moment to shape a retail network that fuels today's growth while powering the transition to a cleaner, more intelligent, and purpose-driven mobility ecosystem,' Nirani added.
TruAlt currently holds a 7% market share in molasses-based ethanol and 3.7% in overall ethanol supply. It is also expanding into compressed biogas (CBG) production and plans to become one of India's largest Bio-CNG producers.
India's ethanol blending rate has climbed to 18.4% in ethanol supply year 2024–25, with a record 19.7% blending in February 2025. The government is targeting 20% blending by the end of the year.
TruAlt is also planning to establish a Sustainable Aviation Fuel (SAF) production facility with an annual capacity of 10 crore litres. The plant is expected to position it among the world's largest SAF producers using ethanol as feedstock.
'Our model sources agri-residue and biomass from rural communities, creating a circular economy where we return health to the soil and wealth to the farmer,' Nirani said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
an hour ago
- India.com
CNG Poised For Significant Growth As India Focuses On Energy Transition: Crisil
New Delhi: The city gas distribution (CGD) sector is at the core of India's energy transition, with compressed natural gas, in particular, poised for significant growth, according to a report by Crisil Intelligence. This projected growth, according to Crisil, will be powered by government thrust, urban mobility demand, and expanding infrastructure. With more than 18,000 CNG stations proposed and 12 crore households unlocked through licensing rounds, the momentum remains strong. "With the top states continuing to anchor demand, the next phase of growth should come from new geographies, backed by evolving gas-allocation patterns, private investments and aggressive vehicle conversion trends," the Crisil report titled 'City Gas Pulse' read. On the other hand, the competitive intensity is rising, exclusivity periods are closing, and infrastructure gaps are being bridged selectively. City Gas Pulse provides a sharp, state-wise and player-wise view of CNG demand evolution, infrastructure rollout, investment concentration and market readiness. CNG is becoming the focal point of India's energy mix and the city gas distribution (CGD) sector's growth as the country works towards achieving a 15 per cent share in the primary energy mix for natural gas. According to Crisil, expansion of geographical areas and the increasing demand for cleaner mobility position CNG as a viable and sustainable alternative to traditional fuels. "Regional infrastructure development and readiness play a significant role in enabling wider gas access amid a shift in market focus to electric vehicles," read the report. "CNG remains competitive despite evolving allocation and pricing pressure," it added. India meets a sizable portion of its energy needs through fossil fuels, and various renewable energy sources and relatively cleaner energy sources are seen as an avenue to reduce dependence on conventional sources of power. Green energy for climate mitigation is not just a focus area for India; it has gained momentum globally. At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, and reducing emissions by 1 billion tonnes by 2030. India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.
&w=3840&q=100)

Business Standard
3 hours ago
- Business Standard
Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra
Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company's last annual general meeting (AGM) ahead if its demerger. EVs constitute 15 per cent of the company's sales. As it eyes growth in EVs, the company is keeping a close watch on shortages in rare-earth magnets (critical EV components) and also exploring alternative sourcing options. 'We are not facing any issues. We are able to source the magnets that we need and we also have plans for having the right level of inventory,' Chandrasekaran said. He added that the company was working with the government and also sourcing from alternative sources. 'As of now this is not a concern, but this is something that we are watching carefully,' Chandrasekaran said. Earlier this week R C Bhargava, chairman, Maruti Suzuki India, had said the company had stocks of rare-earth magnets imported from China and those would last until the end of July. It will prepare a 'contingency plan', including exploring alternatives if the issue remains unresolved by then. Analysts, however, have pointed out that China's export restrictions on rare-earth magnets could delay the penetration of EVs in India. India Ratings and Research said on Friday it believed that while the immediate impact on auto sales in FY26 was expected to be limited, given the low level of EV penetration in the country, prolonged constraints could disrupt the overall automotive production, including internal combustion engine (ICE) vehicles. Rare-earth magnets are used in a major way for motors and batteries, two of which are the core components of an EV. A prolonged restriction on the import of these could hinder EV penetration in the country, the analysts said. 'In contrast, the amount of rare-earth magnets used in ICE components is fairly little and given their alternatives available, the overall production of ICE vehicles is unlikely to be material,' said Shruti Saboo, director, India Ratings. Chandrasekaran said the net-zero (emission) goal for Jaguar Land Rover (JLR) was 2039, for passenger vehicles (PV) 2043 and for commercial vehicles (CV) 2045. However, on hydrogen-powered vehicles, Chandrasekaran said market growth in the segment would happen in the near-term. The company has 12 hydrogen vehicles (CVs) running and will also continue to invest in the technology. The cost of operation and cost of production are way too high for hydrogen vehicles to gain market traction, he said. As for the impact of tariffs, the chairman said they were a major issue, primarily for JLR. 'From 2.5 per cent the tariffs would have gone up to 27.5 per cent, but with the United Kingdom-United States trade deal, they would not drop to 10 per cent. The impact of this is around 1.6 billion pounds. But JLR has taken a lot of steps to reduce the impact of this to around 600 million pounds,' Chandrasekaran said. The Tata Motors demerger is expected to happen in the October-December quarter. The passenger-vehicle company will list first, and the commercial-vehicle company will do so a couple of months later. PB Balaji, group chief financial officer, said: 'The intention is to carry the legacy of the automotive group, the continuity of purpose, strength of culture and clarity of execution.' The free cash flows, profitability and return on capital employed (RoCE) will continue after the demerger of the firm. Looking ahead, Balaji said he expected the free cash flow in the commercial-vehicle business to be 7-9 per cent of revenue (post tax) by 2027.


Time of India
5 hours ago
- Time of India
CNG poised for significant growth as India focuses on energy transition: Crisil
The city gas distribution (CGD) sector is at the core of India's energy transition, with compressed natural gas , in particular, poised for significant growth, according to a report by Crisil Intelligence. This projected growth, according to Crisil, will be powered by government thrust, urban mobility demand, and expanding infrastructure. With more than 18,000 CNG stations proposed and 12 crore households unlocked through licensing rounds, the momentum remains strong. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 21st Century Skills Start with Confident Communication Planet Spark Learn More Undo "With the top states continuing to anchor demand, the next phase of growth should come from new geographies, backed by evolving gas-allocation patterns, private investments and aggressive vehicle conversion trends," the Crisil report titled 'City Gas Pulse' read. On the other hand, the competitive intensity is rising, exclusivity periods are closing, and infrastructure gaps are being bridged selectively. Live Events City Gas Pulse provides a sharp, state-wise and player-wise view of CNG demand evolution, infrastructure rollout, investment concentration and market readiness. CNG is becoming the focal point of India's energy mix and the city gas distribution (CGD) sector's growth as the country works towards achieving a 15 per cent share in the primary energy mix for natural gas. According to Crisil, expansion of geographical areas and the increasing demand for cleaner mobility position CNG as a viable and sustainable alternative to traditional fuels. "Regional infrastructure development and readiness play a significant role in enabling wider gas access amid a shift in market focus to electric vehicles," read the report. "CNG remains competitive despite evolving allocation and pricing pressure," it added. India meets a sizable portion of its energy needs through fossil fuels, and various renewable energy sources and relatively cleaner energy sources are seen as an avenue to reduce dependence on conventional sources of power. Green energy for climate mitigation is not just a focus area for India; it has gained momentum globally. At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, and reducing emissions by 1 billion tonnes by 2030. India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.