{"id":626276,"date":"2024-01-04T10:45:14","date_gmt":"2024-01-04T05:15:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=626276"},"modified":"2024-01-04T10:45:14","modified_gmt":"2024-01-04T05:15:14","slug":"gail-trualt-bioenergy-announce-72-million-investment-through-cbg-joint-venture","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-trualt-bioenergy-announce-72-million-investment-through-cbg-joint-venture\/","title":{"rendered":"GAIL, TruAlt Bioenergy announce $72 million investment through CBG joint venture"},"content":{"rendered":"<p>Natural gas company GAIL (India) Limited and truAlt Bioenergy Limited, a producer of ethanol in India, have signed a term sheet for GAIL&#8217;s equity participation in TruAlt&#8217;s joint venture company Leafinti Bioenergy Limited, which owns and operates India&#8217;s second compressed bio gas (CBG) plant, GAIL said in a statement.<\/p>\n<p>&#8220;TruAlt Bioenergy and GAIL India shareholding in the JV would be 51 % and 49% respectively. The investment in setting up the CBG plants will exceed over $72 million and will be funded through a combination o f debt and equity. However, this will be subject to favourable outcome of due diligence and requisite approvals,&#8221; the statement added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Natural gas company GAIL (India) Limited and truAlt Bioenergy Limited, a producer of ethanol in India, have signed a term sheet for GAIL&#8217;s equity participation in TruAlt&#8217;s joint venture company Leafinti Bioenergy Limited, which owns and operates India&#8217;s second compressed bio gas (CBG) plant, GAIL said in a statement. &#8220;TruAlt Bioenergy and GAIL India shareholding in the JV would be 51 % and 49% respectively. The investment in setting up the CBG plants will exceed over $72 million and will be funded through a combination o f debt and equity. However, this will be subject to favourable outcome of due [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-626276","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=626276"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626276\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=626276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=626276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=626276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}