Kochi, July 15: Bharat Petroleum Corporation Limited a Fortune Global 500 company and a Maharatna PSU, and Akasa Air, India's fastest-growing airline, announced the signing of a Memorandum of Understanding to collaborate on advancing the adoption of Sustainable Aviation Fuel in India. The partnership marks an important step towards strengthening the country's SAF ecosystem and supports India's broader decarbonization ambitions, while aligning with global aviation sustainability frameworks, including ICAO’s CORSIA mandate.
The MoU will accelerate collaboration in establishing a framework for the supply and offtake of SAF-blended Aviation Turbine Fuel at designated airports across India. The partnership will also focus on enabling long-term supply readiness by sharing indicative demand forecasts, supporting production planning, and working towards a phased increase in SAF blending as the domestic ecosystem matures. Both organisations will jointly support the development of India's SAF ecosystem through knowledge sharing, policy advocacy, and engagement with government and industry stakeholders.
Speaking on the occasion, Shri Subhankar Sen, Director (Marketing), BPCL, said:
“BPCL is committed to providing comprehensive fuel solutions to the aviation sector through reliable supply, operational excellence and innovation. We have undertaken several digital transformation initiatives, including our state-of-the-art automation platform ‘Be-Winged’, to enhance customer experience and operational efficiency across the aviation fuel business. As India advances towards a low-carbon future, BPCL is actively pursuing multiple green energy initiatives and is committed to supporting the aviation industry's decarbonization journey through sustainable and innovative energy solutions.”
Shri Sanjeev Kumar, Business Head – Aviation, BPCL, added:
“BPCL shares a long-standing and valued relationship with Akasa Air, and this partnership marks another important milestone in our association. We are actively working to develop the Sustainable Aviation Fuel ecosystem in India and are making significant investments in this area, including the development of a 61 KTPA Sustainable Aviation Fuel Facility at Mumbai Refinery. Through collaborations such as this, BPCL aims to facilitate the availability and adoption of SAF, supporting the aviation sector's transition towards a more sustainable future.”
Commenting on the partnership, Shri Ankur Goel, Chief Financial Officer, Akasa Air, said:
"At Akasa Air, sustainability is one of our core values, shaping decisions we make across our business. Since inception, we have focused on building a modern, efficient airline through next-generation aircraft, technology and responsible practices on ground and in air. Our collaboration with BPCL builds on this foundation by strengthening our operational readiness for Sustainable Aviation Fuel and supporting the development of the supply ecosystem in India."
BPCL continues to play a pivotal role in meeting the evolving fuel requirements of the aviation sector through reliable supply, operational excellence, and innovative digital solutions. The company's state-of-the-art Be-Winged platform has enhanced customer experience and operational efficiency across its aviation business. In line with its commitment towards sustainability, BPCL is actively advancing multiple green energy initiatives, including the development of a 61 KTPA Sustainable Aviation Fuel (SAF) facility at its Mumbai Refinery. Through strategic partnerships and investments, BPCL aims to support the growth of India's SAF ecosystem and contribute to the decarbonization of the aviation industry.
