Indian Oil may offer domestic airlines a stake in its green fuel plant

Indian Oil (IOC) might offer minority equity stakes to domestic airlines in its proposed sustainable aviation fuel (SAF) production plant in Panipat, Haryana.
This proposal was mooted at a meeting chaired by Rajiv Bansal, secretary in the Ministry of Civil Aviation, on Monday that was attended by representatives of airlines, oil marketing companies, and government officials.

In a statement, IndiGo said it was evaluating IOC’s proposal following the recent discussion. Other airlines didn’t respond to emails.