Sumitomo Corporation is set to collaborate with TruAlt Bioenergy Limited to operate TruAlt Sumi Gas Private Limited as a joint venture company for the purpose of developing and setting up compressed biogas plants.

The deal pertains to formation of a joint venture by Sumitomo and TruAlt Bioenergy for production of compressed biogas and associated by products, and acquisition by Sumitomo of 49% stake in TruAlt Sumi Gas from its existing shareholder.

TT&A advised Sumitomo Corporation on this transaction.

The transaction team consisted of Gautam Saha (Partner), Punita Gupta (Partner), Akshay Malhotra (Partner), Aditi Somani (Senior Associate) and Eshani Agarwal (Associate).

DSK Legal advised TruAlt Bioenergy on this transaction.

The transaction team consisted of Sharath Chandrasekhar (Partner), Aravind Karunakaran (Associate Partner) and Srinandini Kar (Associate).

The JV shall set-up 16 compressed biogas (CBG) plants in a phased manner across India, with operations scheduled to begin in 2026. Beyond CBG, the collaboration will also explore bioethanol expansion and Sustainable Aviation Fuel (SAF) production advancing TruAlt’s vision of a Farm-to-Fuel-to-Flight circular bioeconomy and reinforcing India’s path toward energy independence and net-zero ambitions.

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