SAF Policy Implementation Delay Risk
India's SAF blending mandate (1% from FY27, 2% by FY28, 5% by 2030) faces potential delays in policy framework finalization; global CORSIA enforcement effectiveness remains uncertain pending government approach.
TRUALT / bear-case history
Track the concerns that keep returning.
TruAlt Bioenergy · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
medium
OMC Contract Execution Uncertainty
High Court granted 90-day extension to fulfill 1,075 crore contracted ethanol supply shortfall from supply year ending October 2025; OMC lifting entirely within extended timeline remains subject to negotiation dynamics.
DDGS Import Competition
Recent US trade deal allows DDGS imports up to 5 lakh metric tons, potentially pressuring domestic DDGS prices from current 15-35 rupees per kg range toward 22-26 rupees per kg.
Large Capex Deployment Execution Risk
Total planned capex of ₹1,650 crore for CBG (24 plants) and ₹2,000 crore for SAF requires significant capital deployment, GAIL JV formalization, and multiple regulatory approvals within compressed timelines.