Bengaluru: Indian Oil Corp and LanzaJet will sign an agreement to produce clean aviation fuel at the Company’s refinery at Panipat, said Chairman of the company S.M. Vaidya, reports Reuters.
LanzaJet is a Chicago-based U.S. company that helps in producing aviation fuel from ethanol manufactured from agricultural or industrial waste. The company has earlier collaborated with Microsoft, the United States Department of Energy, Japan’s Mitsui & Co, and Canada’s Suncor Energy.
Indian Oil has set a target to produce 2% of the sustainable aviation fuel out of the total aviation fuel produced by the company till 2030, said Vaidya. He was speaking at the India Energy Week in Bengaluru. The company is not producing any aviation fuel from ethanol at present.
Indian Oil is already working with LanzaTech, LanzaJet’s parent company to convert waste to ethanol and the collaboration with LanzaJet will help upgrade the ethanol to cleaner jet fuel.
