Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shingo Ueno) has agreed, as of November 11, 2025, to acquire a portion of the shares of TruAlt Gas Private Limited (Head Office: Bengaluru, India; Managing Director and CEO: Vijay Murugesh Nirani; hereinafter "TGPL"), a subsidiary of TruAlt Bioenergy Limited (hereinafter “TruAlt”), India's largest ethanol manufacturing company and to enter into a strategic collaboration with TruAlt.

Japan based Sumitomo Corporation has agreed to acquire a portion of the shares of Bengaluru-based TruAlt Gas Pvt Ltd, a subsidiary of TruAlt BioEnergy and enter into a strategic collaboration with the Indian company. 

The new joint venture company, to be called TruAlt Sumi Gas Pvt Ltd,  aims to  construct 16 compressed biomethane gas (CBG) production facilities across India over the next three years and commence operations sequentially from 2026. The total daily production capacity of the 16 facilities is expected to reach approximately 320 tons, equivalent to the daily gas consumption of around 800,000 households in India. 

The raw materials for CBG production will include sugarcane and ethanol residue at TruAlt and other suppliers. The CBG produced will primarily be sold as automobile fuel to major city gas distributors within India. Alongside CBG production, Sumitomo Corporation and TruAlt also plan to collaborate on expanding bioethanol production and producing sustainable aviation fuel (SAF) derived from bioethanol.

Japan based Sumitomo Corporation has agreed to acquire a portion of the shares of Bengaluru-based TruAlt Gas Pvt Ltd, a subsidiary of TruAlt BioEnergy and enter into a strategic collaboration with the Indian company.