Praj Industries Ltd. and Indian Oil Corp. Ltd. have signed a memorandum of understanding (MOU) to explore ways to accelerate India’s transition to cleaner and greener energy sources, including the production of alcohol-to-jet (ATJ) fuels, 1G and 2G ethanol, compressed biogas (CBG), and other biofuels-related opportunities.
It will be critical for India to explore these green energy possibilities if it is to attain carbon neutrality by 2070.
The Indian aviation sector is on the verge of exponential growth, in line with the country’s ambitious economic growth trajectory. At the same time, it has been identified as a major source of greenhouse gas (GHG) emissions.