GAIL to Buy 49% Stake in Leafiniti Bioenergy in ₹130 Million Green Energy Push

GAIL to Buy 49% Stake in Leafiniti Bioenergy in ₹130 Million Green Energy Push

GAIL (India) Limited has announced plans to acquire a 49% equity stake in Leafiniti Bioenergy Private Limited for ₹130 million, marking a strategic move to expand its footprint in the fast-growing bioenergy and compressed biogas (CBG) segment.

Leafiniti Bioenergy is a subsidiary of TruAlt Bioenergy Limited, which will retain a 51% stake in the joint venture. The partnership aims to develop multiple greenfield CBG plants across Karnataka, Maharashtra, and Odisha, strengthening India’s push toward cleaner fuels and reduced carbon emissions.

In the first phase, six plants will be established with a capacity of 12 tonnes per day each, taking the total annual CBG output to 23,976 tonnes. The facilities are also expected to produce significant volumes of fermented organic manure, enhancing their role in the broader renewable energy and sustainable agriculture ecosystem.

The initiative is projected to generate 820–1,225 jobs while displacing nearly 19,800 tonnes of fossil fuels annually and cutting methane emissions by around 9,300 tonnes. This aligns with GAIL’s long-term strategy to scale its presence in the green energy value chain.

The development comes alongside GAIL’s recent financial update, where it reported a net profit of ₹5,706 crore for the first nine months of FY26, with revenue rising to ₹1,03,899 crore. The company also expanded its pipeline infrastructure, commissioning the Mumbai-Nagpur-Jharsuguda pipeline and taking its total network beyond 18,000 km.

The investment highlights GAIL’s increasing focus on India energy sector transformation, as it diversifies into sustainable and low-carbon fuel solutions.