Indian Oil Corporation Limited and Air India today signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF), marking a major step towards a greener future for Indian aviation.
This MoU outlines the shared commitment of both Parties to promote the adoption of low-carbon fuels in aviation, support global decarbonization goals, and contribute to the transition toward more sustainable air transport operations.
The MoU was signed by Shri Shailesh Dhar, Executive Director (Aviation), IndianOil, and P. Balaji, Group Head Governance, Regulatory, Compliance (GRC) and Corporate Affairs, Air India, in the presence of A S Sahney, Chairman, IndianOil and Shri Campbell Wilson, CEO, Air India.
A. S. Sahney, Chairman, IndianOil, said "The signing of this MoU with Air India represents a strategic step in India's transition to sustainable aviation.
Shri Campbell Wilson, CEO & Managing Director, Air India said: "Through this MoU with Indian Oil, 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."