Sustainable fuels technology company LanzaJet and energy firm Indian Oil Corporation (IndianOil) have teamed up to explore the production of sustainable aviation fuel (SAF) in India.
The duo signed a memorandum of understanding (MoU) in this regard.
As part of the agreement, the partners will leverage LanzaJet’s proven Alcohol-to-Jet (ATJ) technology for large-scale production of SAF.
The companies will activate new technology to expedite India’s access to and adoption of sustainable fuels.
LanzaJet and IndianOil are strategically growing the alliance with a joint venture (JV) in India to deploy the LanzaJet ATJ solution.
LanzaJet CEO Jimmy Samartzis said: “As one of the largest population centres in the world experiencing rapid growth of energy consumption and travel, India is a critically important market as our world grapples with energy security, climate change, and economic growth challenges.
“Our partnership with Indian Oil Corporation is key to decarbonising the aviation industry by enabling this region of the world to have increased access to sustainable fuel alternatives through our alcohol-to-jet technology using Indian waste and ethanol sources.”
A flagship national oil company, IndianOil is working on mitigation initiatives including sustainable fuel alternatives to support clean energy objectives in the country.
IndianOil chairman Shrikant Madhav Vaidya said: “IndianOil is the leader in India’s aviation fuel segment and as we move forward on the path to achieve net-zero operational emissions by 2046, we aim to enhance our basket of lower carbon fuels and this partnership will be another step in this direction which would accelerate India’s commitment to becoming Net Zero by 2070.”
