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The government will very soon come out with a policy on Sustainable Aviation Fuel (SAF), which can help reduce crude oil imports, increase farmers' income and create more green jobs, Civil Aviation Minister K Rammohan Naidu said on Thursday. Addressing a summit in the national capital, the minister stressed that adoption of SAF (Sustainable Aviation Fuel) demands more innovation, investment and a collective international collaboration. India aims to have 1 per cent blending of SAF in jet fuel by 2027, 2 per cent blending by 2028 and 5 per cent blending by 2030. SAF can be used as a drop-in fuel in Aviation Turbine Fuel (ATF), which powers aircraft. The minister said that private players should also be part of SAF production besides the oil companies. Globally, the requirement for SAF is estimated at 183 million tonnes by 2040. "From feedstock to fuel, from farmers to flyers, and from frying to flying, who would have actually imagined that (those) frying samosas also can participat
Indian Oil Corporation (IOC) has signed a landmark agreement to supply sustainable aviation fuel to Air India, representing a significant step towards a greener and cleaner aviation in India. IOC plans to begin production of sustainable aviation fuel (SAF) from used cooking oil starting December this year at its Panipat refinery, according to Chairman Arvinder Singh Sahney. The facility is expected to produce 35,000 tonne of green fuel annually, using waste cooking oil sourced from hotel and restaurant chains such as ITC and Haldiram's. SAF is an alternative fuel made from non-petroleum feedstocks that reduces emissions from air transportation. It can be blended up to 50 per cent in conventional aviation turbine fuel (ATF or jet fuel), depending on availability. India has mandated 1 per cent SAF blending in jet fuel sold to international airlines from 2027. IOC on Tuesday signed a memorandum of understanding (MoU) which "outlines the shared commitment of both parties to promote the
Cooking oil is often discarded after being used for frying at home or in restaurants. However, a refinery of IndianOil has now won a certification to use the same oil to produce sustainable aviation fuel (SAF), the company chairman Arvinder Singh Sahney said. SAF is an alternative fuel made from non-petroleum feedstocks that reduces emissions from air transportation. It can be blended up to 50 per cent in conventional aviation turbine fuel (ATF or jet fuel), depending on availability. India has mandated 1 per cent SAF blending in jet fuel sold to international airlines from 2027. IndianOil's Panipat refinery in Haryana has won the International Civil Aviation Organization's (ICAO) ISCC CORSIA certification (International Sustainability and Carbon Certification - ISCC - developed under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to produce SAF from used cooking oil, he said. "We are the only company in the country to get this certification," he ...
The Delhi Police on Monday claimed to have busted a racket siphoning off aviation turbine fuel from tankers meant for the international airport here and selling those in the open market as mineral turpentine oil, causing monthly loss of over Rs 1.62 crore to the national exchequer. The illegal operation running for over three years was uncovered following a tip-off received on Sunday, and led to the arrest of six people and detention of two others. The racket is said to be causing a loss of over Rs 1.62 crore to the exchequer every month, with an estimated 5,000 litres of fuel being stolen daily. "The ATF was originally dispatched from HPCL's Asoda Depot in Bahadurgarh for delivery to IGI Airport. However, tanker drivers, in connivance with the transporter and godown owner, manipulated GPS tracking data and diverted the tankers to a concealed location in Mundka," Deputy Commissioner of Police (Crime) Aditya Gautam said. The security locks on the tankers meant to be opened only a
The price of jet fuel, or ATF, was on Sunday slashed by 3 per cent - the third straight monthly reduction on softening international benchmark prices. The fall in international benchmark oil and gas prices also led to a Rs 24 per 19-kg cylinder cut in rate of commercial LPG used in hotels and restaurants. The price of aviation turbine fuel (ATF) was reduced by Rs 2,414.25 per kilolitre, or 2.82 per cent, to Rs 83,072.55 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. The price cut follows a 4.4 per cent (Rs 3,954.38 per kl) reduction on May 1 and a steep 6.15 per cent (Rs 5,870.54 per kl) reduction effected from April 1. Together with Sunday's reduction, the price cuts have more than offset the hikes that occurred earlier this year. A reduction in price of ATF will ease the burden on commercial airlines, for whom fuel makes up for almost 40 per cent of the operating cost. No immediate comments could be .
The government and industry have to come together and create a "significant incentive and logistic structure" for the production of sustainable aviation fuel (SAF) to help reduce carbon emissions, SpiceJet CMD Ajay Singh said on Wednesday. Discussions have been held with the Prime Minister's Office for allotment of spaces near airports for SAF refineries to save on transportation costs, and also with oil marketing companies, including IOC, BPCL and HPCL, to build a mini refinery for SAF production in their existing refineries, he added. "I think one of the things that we need to do is to have these SAF refineries, which are relatively simpler, probably closer to airports. If you're really serious about it. We've had this discussion with the PMO as well, that, can you allot spaces, which are close to airports so that the transport cost, which is the largest part of that cost, because you know you have to address these issues," Singh said. The SpiceJet CMD said at that some point the
India has the potential to be a key producer of sustainable aviation fuel by utilising its ethanol supplies and availability of lipids feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA. With decarbonisation in focus, efforts are being made to reduce emissions and over the years, Indian carriers have operated some flights with a blend of Sustainable Aviation Fuel (SAF) and traditional Aviation Turbine Fuel (ATF). Hemant Mistry, Director of Net Zero Transition at the International Air Transport Association (IATA), said the ecosystem for SAF has developed but there is more work to be done. "There are some very good opportunities for India right now. One is in terms of SAF feedstocks like agricultural waste... there is a growing understanding on what to do for SAF production. We are talking to a number of companies to understand how we can collaborate... oil companies," Mistry told PTI in a recent interview in Geneva. The .
Finance Minister Nirmala Sitharaman on Saturday said that states did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax. "States did not feel comfortable. They didn't want the ATF because they saw it as part of the crude petroleum diesel basket, and therefore they said that it alone cannot be taken out, and therefore that continues to remain where it is today," she said while briefing media on the outcome of 55th GST Council meeting here. Besides, she said, no decision was taken with regard to reduction in GST on insurance premiums as the Group of Ministers (Go) needed more time to study the issue. Many inputs are awaited including the one from insurance regulator IRDAI, she said. She further said that the GST Council has also deferred the decision with regard to rate rationalisation as more time is required by the GoM for a comprehensive study. However, the Council made suggestions with regard to GST rate revision on various items including ...
India and the US have agreed to give impetus to sustainable aviation fuel, promote electrification of medium and heavy-duty vehicles and use of hydrogen in buses, tractors and heavy equipment, said a joint statement issued after the Strategic Clean Energy Partnership dialogue between the two nations. The two nations "welcomed increased investment in each country's clean energy markets," according to the statement issued after the Strategic Clean Energy Partnership (SCEP) Ministerial convened by US Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri in Washington DC on Monday. "While recognising the need to work towards a just, orderly and sustainable energy transition, which prioritises access to reliable, affordable, and clean energy supplies, the (two) sides welcomed the important role that energy trade plays in supporting the national priorities of both countries," the statement said. The two countries highlighted the importance
Jet fuel, or ATF price, on Thursday was hiked 2 per cent and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked Rs 1,827.34 per kilolitre, or 1.9 per cent, to Rs 97,975.72 per kl in the national capital, according to a price notification of state-owned fuel retailers. This is second straight monthly increase in jet fuel rates. ATF prices were on July 1 hiked by 1.2 per cent (Rs 1,179.37 per kl). That increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 91,650.34 per kl on Thursday from Rs 89,908.31 previously. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms increased the price of commercial LPG by Rs 6.5 to Rs 1,652.50 per 19-kg cylinder. The increase follows four monthly price reductions, the last on
India has significant potential for producing Sustainable Aviation Fuel (SAF), which can help reduce carbon emissions, global airlines' grouping IATA said on Sunday amid rising air travel. In 2023, the production of SAF stood at around 0.5 million tonnes and the amount has to be increased multiple folds by 2050. The International Air Transport Association (IATA) said it will establish the SAF Registry to accelerate the uptake of the fuel by authoritatively accounting and reporting emissions reductions from the use of the fuel. The registry is expected to be launched in the first quarter of 2025. Seventeen airlines, one airline group, six national authorities, three Original Equipment Manufacturers (OEMs), and one fuel producer are already supporting the effort to develop the registry. Hemant Mistry, Director of Net Zero Transition at IATA, said there is a significant potential for producing SAF in India. "Regions like India have significant opportunities on feedstocks, which can