SpiceJet Chairman and Managing Director Ajay Singh on Wednesday emphasized the urgent need for a joint effort between the government and industry to develop a robust incentive and logistics framework to support the production of Sustainable Aviation Fuel (SAF), as part of efforts to curb carbon emissions from the aviation sector, reports The Economic Times.
Singh revealed that discussions have already taken place with the Prime Minister’s Office (PMO) regarding the allocation of land near airports for setting up SAF refineries. He said such proximity would help reduce transportation costs, which currently make up a significant portion of SAF production expenses.
“One of the things we need to do is set up these SAF refineries—which are relatively simple to build—closer to airports. We’ve discussed this with the PMO as well, asking if land can be allotted near airports to cut down on transport costs. That’s a key issue we need to address,” Singh said.
He also noted that conversations have been held with oil marketing companies, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL), about the possibility of establishing mini SAF units within their existing refineries.
Highlighting the scale of the challenge, Singh pointed out that global SAF production stood at just 0.5 million tonnes in 2023. This output will need to grow many times over by 2050 to meet international climate targets.
The push for SAF is gaining momentum globally. The International Air Transport Association (IATA) recently announced plans to launch a SAF Registry, aimed at boosting the use of sustainable fuel by ensuring transparent tracking and reporting of emissions reductions achieved through its adoption.
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