Mumbai, Nov. 15 -- TruAlt Bioenergy has signed a non-binding Memorandum of

Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), the Government of Andhra Pradesh's nodal agency for the establishment of a Sustainable Aviation Fuel (SAF) production plant in the State of Andhra Pradesh.

The proposed project is envisaged to involve a total investment of

approximately Rs 2,250 crore, to be developed in phases, subject to detailed feasibility assessments, technology evaluation, and confirmation of commercial viability.

Published by HT Digital Content Services with permission from Capital Market....