Praj Industries launches India’s first pilot project for alcohol-based jet fuel.
Union Minister Hardeep Singh Puri celebrated the launch of Praj and Indian Oil’s joint venture.
Puri underlines Praj’s swift execution, highlighting it for surpassing Brazil in launching the SAF (Sustainable Aviation Fuel ) pilot project. He emphasises the usage Pune-Delhi flight with biofuel, showcasing India’s potential in sustainable aviation.
Praj GenX spearheads India’s SAF push with its Mangalore plant, catering to the booming ETCA (Energy Transition and Climate Action) segment and a surge in industry inquiries.
Praj GenX injects INR 100 crore to tap the surging SAF market, aiming for Rs 2,500 crore revenue boost as global blending mandates kick in by 2027. With customer audits underway, Praj GenX paves the way for SAF production, preparing to meet India’s potential 14 crore litre demand even with a minimal 1% blend.
Praj GenX’s modularised plants, like seeds of change, reduce project burdens and fuel the low-carbon future with efficiency. The modularised approach tackles the challenges of complex low-carbon fuel projects by offering pre-assembled units, reducing onsite work by 50% and project costs by 20-30%.
With blending mandates opening doors in Indonesia, Mexico, Canada, and beyond, the company prepares for US ethanol entry and envisions India as a hub for sustainable aviation fuel.