The company operates three refineries located in Mumbai, Kochi, and Bina (Madhya Pradesh), with collectively refining capacity of 35.3 million metric tonnes per annum
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
The tax, which is revised every fortnight, remains unchanged at zero for diesel and aviation turbine fuel
Compressors Control Corporation acquired by Honeywell counts ONGC, GAIL, Petronet LNG among customers
Airbus says regulator has asked for design changes
TruAlt Bioenergy, which is among the largest biofuel players, is planning to expand its capacity by 2.7 lakh litres per day by next fiscal and will invest around Rs 600 crore to set up more plants. The Bengaluru-based company is also expecting around 30 per cent revenue growth this fiscal year. TruAlt is primarily into biofuels such as 1G ethanol, 2G ethanol, compressed biogas, sustainable aviation fuel, fermented organic manure, and green hydrogen. It operates five 1G ethanol units with a capacity of 2 million litres per day, making it the country's largest ethanol producer while its compressed biogas capacity is 10 tonne per day. "We are planning to augment our biofuel capacity by 2.7 lakh tonne per day. We will set up 10 more plants, taking our total to 15 and we envisage around Rs 600 crore investment towards this and these plants will come up in Bijapur in Karnataka and Pune and should be commissioned next fiscal," Vijay Nirani, founder and managing director of TruAlt, told ..
The Mangalore Refinery and Petrochemicals Limited (MRPL) has been certified with AS9100:D standard prepared by International Aerospace Quality Group (IAQG) to assure customer satisfaction in aviation, space, and defence organisations under the scope of 'production, storage, testing and distribution of aviation turbine fuel.' MRPL is India's first refinery to get this new aerospace standard. The aerospace industry demands the utmost precision, reliability, and safety in its supply chain. As a certified organisation, MRPL is now well-positioned to serve as a trusted partner to aerospace companies within India and globally, a release from the MRPL said on Wednesday. The standard ensures the interaction and configuration of various processes, from sourcing raw materials to the final product certification. The certification process involves a stage audit of the entire life cycle of ATF, involving production criticalities like the addition of qualified additives and catalysts, ...
Qantas Airways, Airbus, and the Queensland government had in March 2023 announced a collaboration to invest in a biofuel production facility, which is being developed by Jet Zero Australia, LanzaJet
Country's biggest airline on October 5 imposed a surcharge of up to Rs 1,000 based on flight distance
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Around the world, more than 360,000 flights have already been powered by SAF
The production of sustainable aviation fuel will double to more than 600 million litres this year and rise further to 1.875 billion litres in 2024, according to the global airlines' grouping IATA. As the global aviation industry works on decarbonisation ways, sustainable aviation fuel (SAF) will play a major role. At a recent conference hosted by the International Civil Aviation Organization (ICAO), stakeholders agreed to a global framework to promote SAF production in all geographies for fuels used in international aviation to be 5 per cent less carbon-intensive by 2030. Around 17.5 billion litres of SAF need to be produced to reach that level. On Wednesday, the International Air Transport Association (IATA) said that in 2023, SAF volumes will reach over 600 million litres (0.5 million tonnes), which is double the amount of 300 million litres (0.25 million tonnes) produced in 2022. While making a presentation on SAF here, IATA's Director for Net Zero Transaction Hemant Mistry said
Sustainable aviation fuel has promise
Jet fuel or ATF price was on Friday slashed by 4.6 per cent - the second reduction in one month - while commercial cooking gas (LPG) rate was raised by Rs 21 per 19-kg cylinder in line with international benchmarks. However, price of domestic LPG - used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was reduced to Rs 1,06,155.67 per kilolitre in the national capital from Rs 1,11,344.92 per kl, according to a price notification of state-owned fuel retailers. Alongside, price of commercial LPG used by establishments such as hotels and restaurants, was increased to Rs 1,796.50 per 19-kg cylinder from Rs 1,775.50.
Centre had earlier reduced the windfall tax on diesel and crude oil on November 16
ICAO's third Conference on Aviation and Alternative Fuels (CAAF) runs this week ahead of the COP28 U.N. climate summit in Dubai, which starts on Nov 30
Windfall tax: The levy on the export of jet fuel and petrol will continue to be zero
The initial stage of the test was conducted using 100 per cent Sustainable Aviation Fuel
Gadkari said that when he was in Punjab he had suggested the Punjab government to formulate a stubble policy to enable farmers to derive value from their stubble
Excluding items, Alaska Air reported quarterly profit of $1.83 per share, missing analysts' average estimate of $1.87, according to LSEG data