Indian Oil Corporation Limited and Air India signed a Memorandum of Understanding (MoU) on August 19, 2025, to supply Sustainable Aviation Fuel (SAF). This collaboration marks a significant move towards sustainable aviation, with both parties committing to promoting low-carbon fuels and supporting global decarbonization goals.
The MoU was signed by Shri Shailesh Dhar, Executive Director (Aviation), IndianOil, and Shri P. Balaji, Group Head - Governance, Regulatory, Compliance (GRC) and Corporate Affairs, Air India, in the presence of Shri A S Sahney, Chairman, IndianOil and Shri Campbell Wilson, CEO, Air India.
The collaboration builds upon IndianOil's recent achievement as the first Indian company to receive ISCC CORSIA certification for SAF production at its Panipat Refinery. As part of its strategy to achieve the IATA Net Zero by 2050 target, Air India is actively pursuing initiatives in operational efficiency and low-carbon emissions.
Shri A. S. Sahney, Chairman, IndianOil, stated, "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, IndianOil 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."
Shri 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.”
By integrating certified green fuels into commercial operations, IndianOil and Air India are together reinforcing India's position as a front-runner in sustainable aviation and energy transition. Through this MoU, IOCL and Air India aim to collaborate on the supply of SAF to meet CORSIA targets and even exceeding them for international flights, ensuring a reliable, transparent, and sustainable fuel supply to support both companies' environmental goals.
Issued by: Corporate Communications, Indian Oil Corporation Ltd, Marketing Division Head Office.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
