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GAIL Invests Rs 130M for 49% Stake in Leafiniti Bioenergy for CBG Plants

GAIL (India) Limited has announced a Rs 130 million investment to acquire a 49% equity stake in Leafiniti Bioenergy Private Limited. The joint venture with TruAlt Bioenergy will establish six greenfield Compressed Biogas (CBG) plants across Karnataka, Maharashtra, and Odisha. These plants are expected to produce over 23,000 tonnes of CBG annually while generating significant organic manure by-products. The projects aim to reduce fossil fuel dependency, cut methane emissions, and create hundreds of jobs, aligning with GAIL's sustainable energy goals.

Key Points: GAIL Acquires 49% in Leafiniti Bioenergy for CBG Expansion

  • Rs 130M investment for 49% stake
  • JV to build 6 CBG plants in 3 states
  • Aims to displace 19,800 tonnes of fossil fuels annually
  • Projected to create 820-1,225 jobs
2 min read

GAIL (India) Limited to acquire 49% stake in Leafiniti Bioenergy Private Limited

GAIL invests Rs 130M for a 49% stake in Leafiniti Bioenergy to build six CBG plants, aiming to cut fossil fuel use and create over 800 jobs.

"strategic investment underscores its commitment to advancing sustainable energy solutions - GAIL Statement"

New Delhi, March 26

GAIL Limited has announced an investment of Rs 130 million to acquire a 49 per cent equity stake in Leafiniti Bioenergy Private Limited, a subsidiary of TruAlt Bioenergy Limited, according to a statement released by GAIL.

TruAlt will retain a 51 per cent equity stake in the venture, the statement noted.

The joint venture will focus on establishing multiple greenfield Compressed Biogas (CBG) plants across Karnataka, Maharashtra, and Odisha.

In the first phase of development, six plants will be set up, each with a production capacity of 12 tonnes per day, resulting in a total annual output of 23,976 tonnes of CBG.

In addition to biogas production, the facilities will generate 97,902 tonnes of Fermented Organic Manure and 470,862 tonnes of Liquid Fermented Organic Manure annually.

The projects are expected to create between 820 and 1,225 jobs.

The initiative is projected to displace 19,800 tonnes of fossil fuels and reduce methane emissions by 9,300 tonnes annually.

Recently, GAIL (India) also reported a nine-month net profit of Rs 5,706 crores for the financial year 2025-26.

It was against a net profit of Rs 9,263 crore in the corresponding period of the previous financial year. The company noted that the previous year's figures were bolstered by an exceptional income of Rs 2,440 crore, resulting from an arbitration settlement.

The energy major reported Revenue from Operations of Rs 1,03,899 crores for the nine months ended December 31, 2025, as compared to Rs 1,01,580 crores in the corresponding period of the financial year 2024-25.

The company also reached a significant infrastructure milestone during this period.

Sandeep Kumar Gupta, Chairman & Managing Director, GAIL, also announced the commissioning of the 1,182-kilometre Mumbai-Nagpur-Jharsuguda Pipeline, which has expanded GAIL's total operational natural gas pipeline network to over 18,000 kilometres.

GAIL (India) Limited's strategic investment underscores its commitment to advancing sustainable energy solutions and strengthening India's green bioenergy ecosystem.

- ANI

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Reader Comments

P
Priya S
Great initiative for green energy. The production of organic manure is a brilliant co-benefit for our farmers. Hope the local communities around these plants get priority in the 800+ jobs being created.
R
Rohit P
While the green energy push is commendable, the net profit has nearly halved compared to last year. Investors might be concerned. The company should focus on core profitability alongside these expansions.
M
Michael C
The scale of this is impressive. Displacing 19,800 tonnes of fossil fuels annually is a significant step for India's decarbonization goals. The pipeline milestone is equally crucial for infrastructure.
S
Shreya B
Bioenergy from agri-waste is the future for a country like ours. Hope this model is replicated across other states too. The reduction in methane emissions is a direct win for our climate commitments.
K
Karthik V
Rs 130 million for a 49% stake seems like a strategic investment. Good to see a PSU leading in sustainable ventures. The manure output will be a boon, promoting organic farming. 👍

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