Sanchita Chatterjee, BS News Agency Kolkata, August 19, 2025: 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 forIndian aviation. This MoU signifies the shared commitment of both the organisations to promote the adoption of low-carbon fuels in aviation, support global decarbonization goals and contribute to the transition towards more sustainable air transport operations.
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 presence of Shri AS Sahney, Chairman, IndianOil and Shri Campbell Wilson, CEO, Air India.
The IndianOil has become the first Indian company to receive ISCC CORSIA certification for SAF production at its Panipat refinery.
On the occasion, Shri Sahney 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, IndianOil is ready to provide a sustainable fuel solution that will help decarbonize air travel”.
Shri Wilson said, “Through this MoU with IndianOil, Air India is committed to support the Government’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 signing this MoU, both IndianOil and Air India aim to collaborate on the supply of SAF to meet CORSIA targets and even exceed them for international flights, ensuring a reliable, transparent and sustainable fuel supply to support both the companies’ environmental goals.