TruAlt Bioenergy IPO | Business, Financials & Key Insights | CA Rachana Ranade

"they have entered into a JV with Gail to set up multiple CBG units across various locations in India."

"they have also signed an MOU with leading Japanese trading and investment companies and Japanese gas company to establish a JV forward for beginning three to five CBG plants across India."

"they are also expanding to sustainable aviation fuel. See when we talk about decarbonization when we talk about lesser polluting uh fuels we talk about filling these fuels in two wheelers in four-wheelers but what about aviation fuel and for that this company True World bio energy is strategically also entering into this SAF space because of this global mandate under Corsia scheme which is accelerating decarbonization."

"company intends to set up this SAF facility with a capacity of 10 cr liters annually which may place it in the world's largest producers of SAF from ethanol."

"they are building technological integrations through which they will that that will enable them for a dual feed ethanol capacity."

"ethanol market this is expected to grow at a caggr of 17.7%."

"here this entire space is expected to grow at a 6.3% CAGGR"

"one important point goes to funding capital expenditure towards setting up multif feed stock operations."

"utilizing grains as additional raw material in ethanol plants. Uh if you remember that damaged grain or which is unfit for human consumption that also they are now incorporating uh for that plant they are using this as capex."