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TruAlt Bioenergy Secures Oil Marketing Company (OMC) Status, Set to Launch Retail Flex Fuel Network
TruAlt Bioenergy Secures Oil Marketing Company (OMC) Status, Set to Launch Retail Flex Fuel Network

Business Standard

time12-06-2025

  • Business
  • Business Standard

TruAlt Bioenergy Secures Oil Marketing Company (OMC) Status, Set to Launch Retail Flex Fuel Network

PNN Bengaluru (Karnataka) [India], June 12: In a landmark development for India's energy transition, TruAlt Bioenergy Limited, India's largest ethanol producer and one of the country's leading integrated biofuels companies, has been officially granted authorisation as an Oil Marketing Company (OMC). Leveraging its strengths in ethanol and compressed biogas (CBG), TruAlt is now authorised to directly market clean fuels like ethanol and Bio-CNG, along with retailing Motor Spirit (Petrol) and High-Speed Diesel (HSD) across India, marking a strategic entry into the country's fuel retailing sector. As one of the first private biofuel companies in India to receive this authorisation, TruAlt now joins an exclusive league of players licensed to market and retail petroleum products across the country. This recognition affirms the company's robust manufacturing capabilities and leadership in driving India's clean energy transition, empowering it to offer a seamless retail experience that integrates both biofuels and conventional fuels. TruAlt Bioenergy's entry into the fuel retail sector is both timely and transformational. Backed by its deep manufacturing strengths in ethanol and Bio-CNG, TruAlt will offer a unique retail experience that blends conventional and renewable fuels under one roof, including petrol, diesel, E93, Bio-CNG, EV charging points and battery swapping facilities. This future-ready model aligns with India's broader vision for energy security, clean mobility and decentralised fuel access. Under its OMC authorisation, TruAlt Bioenergy is committed to ensuring inclusive fuel access by establishing at least 5% of its retail outlets in notified remote areas, advancing the government's goal of last-mile energy connectivity. In the initial rollout, the company plans to launch over 100 strategically located fuel stations in Karnataka and Maharashtra, creating a robust retail network that will cater to both conventional fuels and next-generation blended alternatives, including ethanol and Bio-CNG. This expansion is expected to generate employment opportunities for over 2,000 people across urban and rural regions, contributing meaningfully to local economies and supporting India's broader energy transition goals. Commenting on the milestone, Vijay Nirani, Managing Director of TruAlt Bioenergy, said, "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. While our retail network will support conventional fuels, our greater focus will be on integrating biofuels and expanding rural outreach. By setting up outlets across high-demand corridors and remote regions, we aim to drive rural development, generate local employment, and help build a more inclusive and sustainable energy infrastructure for the country. Farmers have always been at the heart of our model. By sourcing agri-residue and biomass directly from rural communities, we are creating value at the grassroots while powering clean energy solutions like ethanol and Bio-CNG. Through this circular approach from farm to fuel and back to farm, we are returning health to the soil and wealth to the farmer, making sustainability economically empowering." As a vertically integrated player, TruAlt Bioenergy commands a 7% market share in molasses-based ethanol and 3.7% in overall ethanol supply, making it a key pillar of India's Ethanol Blending Programme (EBP). With rapid expansion underway in compressed biogas (CBG) production, the company is also poised to become one of the largest Bio-CNG producers in the country, further strengthening its leadership in the clean fuels segment. This milestone comes at a time when India's fuel economy is undergoing a structural transformation driven by rising energy consumption, expanding mobility, and a decisive national shift toward cleaner alternatives. In FY 2024-25, the country recorded its highest-ever petroleum product consumption at 239.5 million metric tonnes (MMT), led by 7.5% growth in petrol, 8.9% in aviation turbine fuel (ATF), and steady gains in LPG and diesel. Over the past decade, petrol consumption has grown at a CAGR of 7.7%, reflecting the surge in personal mobility. The diesel-to-petrol ratio has dropped from 3.6 to 2.3, underscoring a clear shift in consumer preferences and offering a major inflexion point for next-generation fuel retail. "With over 2.5 crore cars sold annually, surpassing the population of many countries, India's appetite for mobility is growing at an extraordinary pace. 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 further added. India's biofuel programme is also gaining scale at an unprecedented pace. Ethanol blending in petrol has surged to 18.4% in the current ethanol supply year (ESY 2024-25), with a record 19.7% blending achieved in February 2025, bringing the country within striking distance of its 20% target. This rapid progress is opening up new opportunities for companies with integrated biofuel capabilities, especially as flex-fuel vehicles and E20-ready infrastructure become mainstream. In line with its strategy to move up the biofuels value chain and tap into high-growth global markets, TruAlt Bioenergy is actively advancing its entry into Sustainable Aviation Fuel (SAF) production and intends to set up a facility with an annual capacity of 10 crore litres. This is likely to position the company as one of the world's largest producers of SAF from ethanol, while also placing India at the forefront of global sustainable aviation efforts. About TruAlt Bioenergy Limited: TruAlt Bioenergy Limited is one of India's largest and most forward-looking biofuel producers, playing a pivotal role in the country's transition toward clean and sustainable energy. Positioned as a diversified leader in the bioenergy sector, the company operates five distilleries based on sugarcane juice and molasses, with a combined ethanol production capacity of 2,000 KLPD, making it the largest ethanol producer in India. TruAlt is also among the early adopters of Compressed Biogas (CBG) under the Government of India's SATAT (Sustainable Alternative Towards Affordable Transportation) initiative. Through its subsidiary, Leafiniti Bioenergy Private Limited, the company operates CBG plants, which also generates solid and liquid fermented organic manure (FOM) as by-products supporting circular agriculture and waste-to-energy innovation. With its integrated biofuels platform, strategic infrastructure and a commitment to rural value creation, TruAlt Bioenergy is shaping the next phase of India's green energy landscape delivering scale, sustainability, and inclusive growth. For more information or media enquiries, please contact: - Ms. Shivaaneey Rai, TruAlt Bioenergy - +91-9545850823 / avpcomms@

TruAlt Bioenergy, An Ethanol Producer, Gets Oil Marketing Company Status
TruAlt Bioenergy, An Ethanol Producer, Gets Oil Marketing Company Status

NDTV

time11-06-2025

  • Business
  • NDTV

TruAlt Bioenergy, An Ethanol Producer, Gets Oil Marketing Company Status

New Delhi: In a development push for India's energy transition, TruAlt Bioenergy Limited - country's largest ethanol producer and one of the leading integrated biofuels companies - has been officially granted authorisation as an Oil Marketing Company (OMC). With this, the company is now authorised to licensed to market and retail petroleum products, and directly market clean fuels like ethanol and Bio-CNG, along with retailing Motor Spirit (Petrol) and High-Speed Diesel (HSD) across the country. Under the OMC authorisation, TruAlt Bioenergy is committed to ensuring inclusive fuel access by establishing at least 5 per cent of its retail outlets in notified remote areas, advancing the government's goal of last-mile energy connectivity, an official release by the company said. In the initial rollout, the company plans to launch over 100 strategically located fuel stations in Karnataka and Maharashtra, creating a robust retail network that will cater to both conventional fuels and next-generation blended alternatives, including ethanol and Bio-CNG. According to the company, the expansion is expected to generate employment opportunities for over 2,000 people across urban and rural regions. Vijay Nirani, Managing Director of TruAlt Bioenergy, in a statement, said, "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. While our retail network will support conventional fuels, our greater focus will be on integrating biofuels and expanding rural outreach." He added, "Farmers have always been at the heart of our model. By sourcing agri-residue and biomass directly from rural communities, we are creating value at the grassroots while powering clean energy solutions like ethanol and Bio-CNG. Through this circular approach from farm to fuel and back to farm, we are returning health to the soil and wealth to the farmer, making sustainability economically empowering." The company said that they command a 7 per cent market share of molasses-based ethanol and 3.7% of the overall ethanol supply. In FY 2024-25, India recorded its highest-ever petroleum product consumption at 239.5 million metric tonnes (MMT), led by 7.5 per cent growth in petrol, 8.9 per cent in aviation turbine fuel (ATF), and steady gains in LPG and diesel. The diesel-to-petrol ratio has dropped from 3.6 to 2.3, underscoring a shift in consumer preferences. "With over 2.5 crore cars sold annually, surpassing the population of many countries, India's appetite for mobility is growing at an extraordinary pace. 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," Mr Nirani said. All About TruAlt Bioenergy Limited TruAlt Bioenergy Limited is one of India's largest biofuel producers, playing a pivotal role in the country's transition toward clean and sustainable energy. Positioned as a diversified leader in the bioenergy sector, the company operates five distilleries based on sugarcane juice and molasses, with a combined ethanol production capacity of 2,000 KLPD, making it the largest ethanol producer in India. TruAlt is also among the early adopters of Compressed Biogas (CBG) under the Government of India's SATAT (Sustainable Alternative Towards Affordable Transportation) initiative. Through its subsidiary, Leafiniti Bioenergy Private Limited, the company operates CBG plants, which also generates solid and liquid fermented organic manure (FOM) as by-products, supporting circular agriculture and waste-to-energy innovation.

Petrol, HSD and furnace oil: Rs2.5/litre carbon levy imposed
Petrol, HSD and furnace oil: Rs2.5/litre carbon levy imposed

Business Recorder

time11-06-2025

  • Business
  • Business Recorder

Petrol, HSD and furnace oil: Rs2.5/litre carbon levy imposed

ISLAMABAD: The federal government has proposed to impose a carbon levy of Rs2.5 per litre on petrol, high-speed diesel (HSD) and furnace oil in the next fiscal year 2025-26. The new tax will be implemented alongside the existing petroleum levy on petroleum products and is expected to generate around Rs46 billion revenue for the government during the fiscal year 2025-26. It will not apply to kerosene oil and light diesel oil (LDO). The same levy will be increased to Rs5 per litre to generate Rs95 billion in fiscal year 2026-27, sources said. The funds collected will be allocated towards green budgeting initiatives. The measure comes after the government concluded negotiations with the International Monetary Fund (IMF) for the fiscal year 2026 budget. Copyright Business Recorder, 2025

Young Kerry woman raising awareness of rare and often hidden condition in first solo exhibition
Young Kerry woman raising awareness of rare and often hidden condition in first solo exhibition

Irish Independent

time03-06-2025

  • Health
  • Irish Independent

Young Kerry woman raising awareness of rare and often hidden condition in first solo exhibition

Christina O'Hara, a young artist from Beaufort, said her exhibition consists of a deeply personal body of work that explores life with Ehlers-Danlos Syndrome (EDS). EDS is a rare condition affecting the connective tissues which support internal organs, bones, tendons, ligaments, blood vessels and bones. Studies suggest at least 6,250 people have a type of EDS or Hypermobility Spectrum Disorder (HSD), another connective tissue condition, in Ireland, according to the Ehlers-Danlos Society. Christina's showcase is titled 'Fragmented Connections' and it portrays her internal experience of living with a connective tissue disorder. The artist, a Fine Arts graduate currently studying Arts Management in the University of Galway, said her exhibition blends visual art with advocacy. She has described her installation as 'a window into the connections between found materials and my internal experience of fragmented connections.' 'Through mixed media and process-led work, I aim to give form to the invisible symptoms of chronic illness, while sparking conversation around what it means to live with a hidden illness or disability,' Christina said. 'As part of the show, I'm also inviting the wider community to engage with EDS awareness in creative and accessible ways, and I hope it will resonate with others navigating chronic illness and hidden disability. 'As someone from the local community, it means a great deal to me to share this journey and hopefully create a more understanding space for others living with hidden illness/disabilities.' Among the works featured at the exhibition is an image piece titled 'Circumnavigating a Subluxed Reality'. It represents the artist's light-hearted, abstracted journey to find the beauty in her fragile internal experience. 'Fragmented Connections' opened at Siamsa Tíre Tralee on May 22, during Ehlers-Danlos Syndrome Awareness Month, and the installation will run until Saturday, June 7.

Driver doing 200 km/h on Hwy. 410 charged with impaired, drug possession: OPP
Driver doing 200 km/h on Hwy. 410 charged with impaired, drug possession: OPP

Toronto Sun

time02-06-2025

  • Toronto Sun

Driver doing 200 km/h on Hwy. 410 charged with impaired, drug possession: OPP

OPP stopped a vehicle going more than 200 km/h on Hwy. 410 and charged the driver with impaired driving and drug possession. Photo by @OPP_HSD/X / TORONTO SUN A speedster allegedly clocked doing more than 200 km/h on Hwy. 410 was charged with impaired driving, police said on Monday. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account OPP said a vehicle was stopped on the 400-series highway after allegedly lighting up the radar gun. Police said the driver was taken into custody and police allegedly found a quantity of suspected heroine and methamphetamine inside the vehicle. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. The driver, whose identity was not released, was charged with impaired driving and drug possession. Also on Monday, OPP said a driver on Hwy. 410 was spotted weaving through lanes in and out of traffic and narrowly avoiding collisions. Cops said the driver was allegedly clocked going 190 km/h. A 17-year-old was charged with dangerous driving and stunt driving. The driver received a 30-day licence suspension and the vehicle will be impounded for 14 days. This advertisement has not loaded yet, but your article continues below. These two incidents come as OPP laid more than 200 charges as part of Project ERASE, a dedicated patrol focusing on street racing, dangerous driving and modified vehicle enforcement. Read More This advertisement has not loaded yet, but your article continues below. Toronto Maple Leafs Olympics Toronto Maple Leafs Celebrity Toronto Raptors

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