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TruAlt Bioenergy Limited, one of India’s leading biofuel companies, has been granted permission to operate as an Oil Marketing Company (OMC). This approval allows TruAlt to directly market and retail fuels such as ethanol, bio-CNG, petrol, and high-speed diesel across the country.
TruAlt is among the first private biofuel-focused companies in India to receive this recognition. The company plans to initially set up over 100 fuel stations, starting from Karnataka and Maharashtra. These stations will offer a mix of conventional fuels, ethanol blends (E93), bio-CNG, electric vehicle charging, and battery swapping facilities. At least 5% of these fuel stations will be established in remote areas to enhance fuel accessibility in rural regions.
Currently, TruAlt holds a 7% market share in the molasses-based ethanol segment and a 3.7% share in overall ethanol supply. The company aims to bring renewable fuels into mainstream retail, with a supply strategy that emphasizes sourcing agricultural residues and biomass from rural areas, thereby supporting the local economy and promoting clean fuel alternatives.
TruAlt is also expanding into biogas production and preparing to enter the Sustainable Aviation Fuel (SAF) market. The company plans to set up a plant with an annual production capacity of 100 million litres of SAF, using ethanol as a key raw material.
This development comes at a time when India’s energy consumption patterns are rapidly changing. Petrol demand is increasing, outpacing diesel, and ethanol blending is gaining momentum. For the supply year 2024-25, the current ethanol blending rate stands at 18.4%, reaching a record high of 19.7% in February 2025.
