Air India and Indian Oil Corporation Limited (IOCL) has signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF). Under the MoU, the Tata Group company and IOCL have outlined their shared commitment to promote the adoption of low-carbon fuels in aviation, support global decarbonisation goals, and contribute to the transition towards more sustainable air transport operations.
As part of its broader strategy to achieve the IATA Net Zero by 2050 target and comply with CORSIA obligations, Air India is actively pursuing initiatives in operational efficiency, low-carbon emissions, and now, SAF, as per the official release. This MoU marks a significant step in expanding its green aviation portfolio, said the company.
The MoU was signed by Shailesh Dhar, Executive Director (Aviation), Indian Oil and P Balaji, Group Head–GRC and Corporate Affairs, Air India, in the presence of AS Sahney, Chairman, Indian Oil and Campbell Wilson, CEO & Managing Director, Air India, and other officials.
AS Sahney, Chairman, Indian Oil said: “The signing of this MoU with Air India represents a strategic step in India’s transition to sustainable aviation. With our ISCC-CORSIA-certified SAF from Panipat, Indian Oil is ready to provide a sustainable fuel solution that will help decarbonize air travel. Partnering with India’s flagship carrier, we are aligning national growth with global climate goals and setting a benchmark for the industry.”
Campbell Wilson, CEO & Managing Director, Air India said: “Through this MoU with IndianOil, Air India is committed to support the Government of India’s initiatives to promote sustainable development in the aviation sector and to further its own sustainability goals to achieve the IATA Net Zero by 2050 target.”
