• Ethanol blending targets: While India has achieved its 20% blending target and has not yet announced revised mandates, potential increases to 21–22% in the short term and 27–30% in the long term are anticipated.
• Ethanol capacity strategy: TruAlt has completed its planned ethanol CAPEX, reaching a production capacity of roughly 60 crore liters per annum (20 lakh liters daily), and will hold on further expansion until blending policies increase.
• Biogas project rollout: The company is establishing 24 compressed biogas plants, targeting five operational units by June (Q1 next fiscal year) and six additional plants developed with GAIL to be commissioned by December 2026.
• SAF and retail: TruAlt is positioning sustainable aviation fuel (SAF) as a core growth vertical for both domestic consumption and exports, alongside setting up consumer-facing fuel dispensing retail stations.
• Expansion funding structure: Growth projects will be executed under subsidiary structures with joint venture partners like Sumitomo and GAIL holding up to 49% stakes, funded by a mix of debt, equity, and TruAlt's operational cash flows.