GAIL to acquire 49 per cent stake in Leafiniti Bioenergy for CBG plant projects

GAIL (India) Limited is set to invest over Rs 130 million in Leafiniti Bioenergy Private Limited (LBPL), a subsidiary of TruAlt Bioenergy Limited, to acquire a 49 per cent equity stake under a share subscription-cum-shareholders’ agreement signed in August 2025. TruAlt would retain the remaining 51 per cent stake.

The capital would be used for setting up new compressed biogas (CBG) plants across Karnataka, Maharashtra and Odisha in a phased manner. In the first phase, six plants with a capacity of 12 tonnes per day (tpd) each would be set up, with a combined annual output of 23,976 tonnes of CBG. The plants are also expected to produce around 97,902 tonnes per annum (tpa) of fermented organic manure and 470,862 tpa of liquid fermented organic manure.