Honeywell and AM Green on Tuesday signed a memorandum of understanding (MoU) to ramp up carbon capture and sustainable aviation fuel (SAF) in India.
This comes as India aims to achieve 1 per cent SAF blend in jet fuel for international flights by 2027, which will increase to 2 per cent by 2028.
This is a significant step towards reducing aviation emissions in the country; this target is a part of India's broader goal to reach net zero by 2070.
Signed on the sidelines of the India Energy Week, the MoU or collaboration seeks efficient ways to decarbonise aviation and shipping sectors. It will help position India as a global leader in alternative fuel production.
The collaboration is meant to assess the techno-economic feasibility of producing SAF from ethanol, green methanol from various carbon dioxide (CO₂) emission sources, and green hydrogen.
It underscores the alignment of Honeywell’s portfolio to three compelling megatrends which includes the energy transition, according to a company statement.
The companies will work together to identify opportunities to enhance India’s energy security. They plan to position the country as a global exporter of green methanol to aid shipping companies in adopting this low-emission alternative fuel.
Additionally, the collaboration is aimed at helping airlines in meeting Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) mandates for low-carbon and drop-in fuel replacements.
The collaboration will benefit Indian farmers by creating demand for ethanol feedstock. It will align with the government's National Green Hydrogen Mission to boost green hydrogen production through green methanol for domestic use and export.
The feasibility study is expected to conclude by mid-2025, marking a critical step towards achieving large-scale decarbonisation, the statement said.
“The collaboration with AM Green will help advance India’s low-carbon economy and create an ecosystem that supports the government’s SAF blending mandates, positioning India as a global leader in alternative fuel innovation,” said Ashish Modi, president of Honeywell India.
He added, “By combining Honeywell’s proven carbon capture technologies and ethanol-to-jet solution with AM Green’s expertise in green hydrogen and ethanol production, we will pave the way for a sustainable future and reinforce our commitment to environmental stewardship.”
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