HomeNewsIndiaIndia has potential to produce sustainable aviation fuel, says IATA executive

India has potential to produce sustainable aviation fuel, says IATA executive

The International Air Transport Association (IATA) is a grouping of international airlines.

November 15, 2022 / 22:31 IST
Representative image | Image- Reuters

India is among the countries that has the largest potential to produce Sustainable Aviation Fuel (SAF), which will be a key enabler for the global airlines industry in reducing emissions, according to an IATA executive.

The International Air Transport Association (IATA) is a grouping of international airlines.

Sebastian Mikosz, Senior Vice President for Environment & Sustainability at IATA, on Tuesday also suggested extending incentives for entities to enter the market for production of SAF.

At a media roundtable here, Mikosz said that India is one of the countries which has the largest potential in producing SAF.

Airlines will buy SAF, which is expected to account for around 65 per cent of decarbonisation and will be a key enabler in reducing emissions, he added.

For production of SAF, there should be access to feedstock like biomass, he said and added that environmental problem has to be tackled at the global level.

Earlier in the day, Civil Aviation Secretary Rajiv Bansal said the government is working on mandating blending of jet fuel with sustainable aviation fuel as the country works on ways to reduce emissions.

"We are committed to reducing emissions by fossil fuels... the (civil aviation) ministry is working closely with the ministry of petroleum and natural gas on the issues related to SAF," he said.

Elaborating on SAF, he said there are two important things -- the feed stock and production.

"Do we have as a country adequate feedstock for producing SAF? Are there technologies in place, proven, time-tested which will be able to produce SAF in quantities? And if I may say at a price the airlines can afford," Bansal said.

PTI
first published: Nov 15, 2022 10:31 pm

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!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347