US-based Honeywell, which among other areas also operates in aerospace, is open to investing as well as collaborating with oil refiners in India to manufacture sustainable aviation fuel (SAF), country president Ashish Modi told FE.
Sustainable aviation fuel is bio-fuel that is low in sulphur content leading to lesser emissions. Therefore the government is planning to mandate the blending of 1% of SAF with traditional jet fuel by 2025.
This would require around 140 million litre of SAF per year, as per some estimates. For a 5% SAF blend, India would require around 700 million litre of SAF per year.
