+
GPS Renewables & SAF One to Build India's First Major SAF Facility
POWER & RENEWABLE ENERGY

GPS Renewables & SAF One to Build India's First Major SAF Facility

GPS Renewables, an Indian clean fuels technology company, has announced a strategic partnership with Dubai-based SAF One to construct a significant Sustainable Aviation Fuel (SAF) production facility in India. This pioneering project aims to produce between 20 to 30 million liters of SAF annually using lignocellulosic waste feedstock, marking a major step forward in India's commitment to sustainable aviation.

The facility's use of lignocellulosic waste, consisting of residual dry plant matter, aligns with India's broader strategy to mandate a 1-5% SAF blend in aviation fuel starting in 2027. Mainak Chakraborty, CEO and Co-Founder of GPS Renewables emphasized the need for collaborative efforts to tackle the challenges in SAF production and expressed optimism about the partnership with SAF One.

Deepak Munganahalli, Co-Founder and Director of SAF One, highlighted the strategic importance of this project for India's aviation sector, which is poised for significant growth. The collaboration leverages GPS Renewables' expertise in green energy projects and SAF One's specialization in sustainable aviation fuels.

In addition to the SAF initiative, GPS Renewables is active in various biofuel technologies, including Compressed Biogas (CBG), Renewable Natural Gas (RNG), 2G ethanol, and green hydrogen. The company has established over 100 biogas plants, including Asia?s largest RNG plant in Indore, based on Municipal Solid Waste (MSW).

EY served as the exclusive M&A investment banker for GPS Renewables in this transaction, which is set to bolster India's clean energy infrastructure and meet the emerging energy needs of the aviation industry.

GPS Renewables, an Indian clean fuels technology company, has announced a strategic partnership with Dubai-based SAF One to construct a significant Sustainable Aviation Fuel (SAF) production facility in India. This pioneering project aims to produce between 20 to 30 million liters of SAF annually using lignocellulosic waste feedstock, marking a major step forward in India's commitment to sustainable aviation. The facility's use of lignocellulosic waste, consisting of residual dry plant matter, aligns with India's broader strategy to mandate a 1-5% SAF blend in aviation fuel starting in 2027. Mainak Chakraborty, CEO and Co-Founder of GPS Renewables emphasized the need for collaborative efforts to tackle the challenges in SAF production and expressed optimism about the partnership with SAF One. Deepak Munganahalli, Co-Founder and Director of SAF One, highlighted the strategic importance of this project for India's aviation sector, which is poised for significant growth. The collaboration leverages GPS Renewables' expertise in green energy projects and SAF One's specialization in sustainable aviation fuels. In addition to the SAF initiative, GPS Renewables is active in various biofuel technologies, including Compressed Biogas (CBG), Renewable Natural Gas (RNG), 2G ethanol, and green hydrogen. The company has established over 100 biogas plants, including Asia?s largest RNG plant in Indore, based on Municipal Solid Waste (MSW). EY served as the exclusive M&A investment banker for GPS Renewables in this transaction, which is set to bolster India's clean energy infrastructure and meet the emerging energy needs of the aviation industry.

Next Story
Infrastructure Urban

Digital First: Bridging the Skilled Talent Gap in India’s Construction Sector

India stands at a defining juncture in its economic journey as it accelerates toward becoming a US$7 trillion economy by 2030. India’s construction sector, encompassing infrastructure and real estate development will play a pivotal role in its economic transformation. Expansion in developments such as the national highways, smart cities, airports, metro networks, logistics hubs, housing, etc. underscores the physical expression of India’s development ambition. The construction sector is already the second-largest contributor to India’s GDP, accounting for nearly 18 per cent of total..

Next Story
Infrastructure Transport

Titagarh Rail to Raise Rs 2 billion via Preferential Allotment to Promoters

Titagarh Rail Systems has announced a proposal to raise approximately Rs 2 billion through a preferential issue of 21,16,402 convertible warrants to members of its Promoter Group. The board of directors approved the move at its meeting held on July 9, 2025, subject to shareholder and regulatory approvals. The warrants, priced at Rs 945 each, will be allotted to Mrs Rashmi Chowdhary and Mr Prithish Chowdhary in line with Chapter V of SEBI’s ICDR Regulations. Each warrant is convertible into one equity share of ₹2 face value within 18 months from the date of allotment.   ..

Next Story
Real Estate

Hindware Strengthens Eastern Footprint with New Brand Store in Kolkata

Bathware major Hindware has expanded its retail footprint in West Bengal with the launch of a new state-of-the-art brand store in Ichapore, Kolkata. This marks the company’s fourth brand store in the city and 30th in the state, underlining its strategic focus on the eastern market. The newly launched store, operated by Tirupati Sales Corporation, showcases the entire spectrum of Hindware’s bathware offerings, including sanitaryware, faucets, showers, basins, and products from its premium lines — Queo and the Hindware Italian Collection. It is aimed at providing an immersive experien..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?