New Delhi, Jan 29: Indian Oil Corporation Ltd (IOCL) signed a Letter of Intent (LOI) with Akasa Air at Wings India 2026 to explore the supply of Sustainable Aviation Fuel (SAF).
This collaboration aims to support Akasa Air’s sustainability initiatives, as SAF is crucial for reducing greenhouse gas emissions in air travel and transitioning the aviation sector towards net-zero emissions.
Shailesh Dhar, IOCL’s Country Head (Aviation Business), emphasized the company’s commitment to scaling low-carbon fuels and facilitating the energy transition for customers.
The partnership will focus on determining potential SAF supply volumes, delivery points, and timelines, as well as utilizing approved sustainable feedstocks and production methods.
