Indian Oil, Air India Sign MoU For Sustainable Aviation Fuel
AVIATION & AIRPORTS

Indian Oil, Air India Sign MoU For Sustainable Aviation Fuel

Indian Oil Corporation (IOC) has signed a Memorandum of Understanding (MoU) with Air India for the supply of sustainable aviation fuel (SAF), just days after becoming the first Indian company to secure ISCC CORSIA certification for SAF production at its Panipat refinery.
The MoU underscores a shared commitment to low-carbon fuel adoption, supporting global decarbonisation targets and accelerating India’s transition towards sustainable aviation.
“With our ISCC CORSIA-certified SAF from Panipat, Indian Oil is ready to provide a sustainable fuel solution that will help decarbonise air travel. Partnering with India’s flagship carrier, we are aligning national growth with global climate goals and setting a benchmark for the industry,” said IOC Chairman A.S. Sahney.
The agreement was signed by IOC ED-Aviation Shailesh Dhar and Air India’s Group Head for Governance, Regulatory, Compliance and Corporate Affairs P. Balaji, in the presence of Mr Sahney and Air India CEO Campbell Wilson.
Mr Wilson said: “Through this MoU with Indian Oil, Air India is committed to supporting the government’s initiatives to promote sustainable development in aviation and to further its own sustainability goals, including IATA’s Net Zero 2050 target.”
Indian Oil stated that the MoU would facilitate collaboration on SAF supply to meet and exceed CORSIA targets for international flights, ensuring a reliable, transparent and sustainable supply chain to achieve both companies’ environmental objectives.
The certification, a prerequisite for commercial SAF production, marks a major milestone in India’s capability to produce, certify and distribute SAF, strengthening the country’s role in global climate action. 

Indian Oil Corporation (IOC) has signed a Memorandum of Understanding (MoU) with Air India for the supply of sustainable aviation fuel (SAF), just days after becoming the first Indian company to secure ISCC CORSIA certification for SAF production at its Panipat refinery.The MoU underscores a shared commitment to low-carbon fuel adoption, supporting global decarbonisation targets and accelerating India’s transition towards sustainable aviation.“With our ISCC CORSIA-certified SAF from Panipat, Indian Oil is ready to provide a sustainable fuel solution that will help decarbonise air travel. Partnering with India’s flagship carrier, we are aligning national growth with global climate goals and setting a benchmark for the industry,” said IOC Chairman A.S. Sahney.The agreement was signed by IOC ED-Aviation Shailesh Dhar and Air India’s Group Head for Governance, Regulatory, Compliance and Corporate Affairs P. Balaji, in the presence of Mr Sahney and Air India CEO Campbell Wilson.Mr Wilson said: “Through this MoU with Indian Oil, Air India is committed to supporting the government’s initiatives to promote sustainable development in aviation and to further its own sustainability goals, including IATA’s Net Zero 2050 target.”Indian Oil stated that the MoU would facilitate collaboration on SAF supply to meet and exceed CORSIA targets for international flights, ensuring a reliable, transparent and sustainable supply chain to achieve both companies’ environmental objectives.The certification, a prerequisite for commercial SAF production, marks a major milestone in India’s capability to produce, certify and distribute SAF, strengthening the country’s role in global climate action. 

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?