Honeywell, AM Green to Explore SAF Production in India

13 Feb 2025 CW Team

Collaboration Objectives

This initiative aligns with Honeywell’s focus on energy transition and aims to enhance India’s energy security while reducing crude oil import dependency. The companies will work together to position India as a competitive global exporter of green methanol, aiding shipping companies in adopting low-emission alternative fuels and helping airlines meet CORSIA mandates for low-carbon fuel replacements.

Industry Perspectives

Ashish Modi, President of Honeywell India, emphasized that this partnership will advance India's low-carbon economy and foster an ecosystem that supports SAF blending mandates, positioning India as a leader in alternative fuel innovation. By leveraging Honeywell’s proven carbon capture technologies and ethanol-to-jet solutions alongside AM Green’s expertise in green hydrogen and ethanol production, this collaboration aims to drive sustainable industrial transformation.

Mahesh Kolli, Co-Founder and Group President of AM Green, expressed enthusiasm for partnering with Honeywell, highlighting AM Green’s leadership in clean energy transition solutions. This partnership will contribute to India’s ambition of emerging as a key exporter of sustainable and cost-effective green molecules, accelerating global industrial decarbonization.

Broader Implications

The initiative also benefits Indian farmers by increasing demand for ethanol feedstocks and aligns with the government’s National Green Hydrogen Mission, boosting green hydrogen production through green methanol for both domestic and export markets.

Honeywell and AM Green have signed a memorandum of understanding (MoU) during India Energy Week (IEW) 2025 to evaluate the techno-economic viability of producing sustainable aviation fuel (SAF) from ethanol. The partnership will also explore the production of green methanol from various carbon dioxide (CO?) emission sources and green hydrogen, reinforcing India's commitment to sustainable energy solutions. Collaboration Objectives This initiative aligns with Honeywell’s focus on energy transition and aims to enhance India’s energy security while reducing crude oil import dependency. The companies will work together to position India as a competitive global exporter of green methanol, aiding shipping companies in adopting low-emission alternative fuels and helping airlines meet CORSIA mandates for low-carbon fuel replacements. Industry Perspectives Ashish Modi, President of Honeywell India, emphasized that this partnership will advance India's low-carbon economy and foster an ecosystem that supports SAF blending mandates, positioning India as a leader in alternative fuel innovation. By leveraging Honeywell’s proven carbon capture technologies and ethanol-to-jet solutions alongside AM Green’s expertise in green hydrogen and ethanol production, this collaboration aims to drive sustainable industrial transformation. Mahesh Kolli, Co-Founder and Group President of AM Green, expressed enthusiasm for partnering with Honeywell, highlighting AM Green’s leadership in clean energy transition solutions. This partnership will contribute to India’s ambition of emerging as a key exporter of sustainable and cost-effective green molecules, accelerating global industrial decarbonization. Broader Implications The initiative also benefits Indian farmers by increasing demand for ethanol feedstocks and aligns with the government’s National Green Hydrogen Mission, boosting green hydrogen production through green methanol for both domestic and export markets.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..