TruAlt Bioenergy soars on signing MoU with Andhra Pradesh Economic Development Board
TruAlt Bioenergy is currently trading at Rs. 474.00, up by 14.35 points or 3.12% from its previous closing of Rs. 459.65 on the BSE.
The scrip opened at Rs. 472.05 and has touched a high and low of Rs. 479.00 and Rs. 467.00 respectively. So far 7097 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 550.00 on 03-Oct-2025 and a 52 week low of Rs. 401.75 on 06-Nov-2025.
Last one week high and low of the scrip stood at Rs. 488.00 and Rs. 424.65 respectively. The current market cap of the company is Rs. 3941.62 crore.
The promoters holding in the company stood at 70.55%, while Institutions and Non-Institutions held 8.38% and 21.07% respectively.
TruAlt Bioenergy (TruAlt) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to develop one of the world’s largest Sustainable Aviation Fuel (SAF) production facilities in the State of Andhra Pradesh. The proposed 80,000 TPA facility will be located around the Srikakulam-Vizianagaram region of Andhra Pradesh. Under the MoU, the company will invest around Rs 2,250 crore to establish an integrated ethanol-to-SAF manufacturing facility. The proposed plant is expected to create over 500 direct jobs and nearly 2,000 indirect jobs, catalysing substantial economic growth across allied sectors and contributing to the region’s industrial expansion and employment generation.
The company will also leverage its position as India’s largest ethanol producer to secure reliable, high-quality feedstock and drive efficient, large-scale SAF production through the Alcohol-to-Jet Synthetic Paraffinic Kerosene (ATJ-SPK) pathway, one of the certified and approved routes under the International Civil Aviation Organization (ICAO) framework. In this pathway, any sugar-based feedstock is converted into ethanol, which is then upgraded into aviation-grade jet fuel. By adopting this technology, the company will produce low-emission, internationally certified SAF and enable a scalable, dependable and globally competitive supply chain built on India’s abundant agricultural and bio-based resources.
Trualt Bioenergy is one of India’s largest biofuels producers, having strategically positioned its elves as a prominent and diversified player in the biofuels industry in India, primarily in the production of Ethanol.
