Sumitomo Corporation Partners TruAlt Bioenergy for India's Compressed Biogas Plant Development

Overview

Sumitomo Corporation is establishing a joint venture with TruAlt Bioenergy Limited to develop and operate compressed biogas (CBG) plants in India. As part of the agreement, Sumitomo will acquire a 49% stake in TruAlt Gas Private Limited, signifying a significant investment in India's renewable energy infrastructure.