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.
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