TruAlt Bioenergy has signed a Memorandum of Understanding (MoU) with Sumitomo Corporation Asia & Oceania (SCAO), a leading global trading and investment solutions provider, to collaborate on the development of bioenergy business across India.

TruAlt Bioenergy and SCAO are exploring a strategic collaboration in the bioenergy sector in India, focusing on a range of sustainable energy solutions. This potential partnership aims to advance projects across several key areas, including Biogas and Compressed Biogas (CBG), First Generation (1G) Ethanol, Second Generation (2G) Ethanol, Sustainable Aviation Fuel (SAF), and biochemicals derived from the sugar value chain. Additionally, the collaboration will explore initiatives around carbon credit projects, aligning with both companies' commitment to driving innovation and environmental sustainability in India's growing bioenergy landscape.

"We are delighted to join forces with Sumitomo Corporation Asia & Oceania. This partnership strengthens our commitment to contributing to a cleaner energy future for India. Together, with Sumitomo's global expertise and TruAlt Bioenergy's dedication to biofuels, we are poised to unlock scalable and consistent solutions that will drive India's energy transition while addressing global sustainability challenges, including decarbonization and energy security, as we work toward achieving the net-zero goal by 2070," said Vijay Nirani, Founder and MD, TruAlt Bioenergy.