In India, the Hindu Business Line reported that Praj Industries is setting its sights on opportunities across sectors like sustainable aviation fuel, biopolymers, and energy transition and climate action (ETCA), with plans to triple its revenues by 2030. “The CORSIA agreement for the use of SAF has opened a door to the new opportunities for Praj as India has set the target of blending 1% by 2027 and 2% by 2028. Whereas, the EU and USA has kept the SAF blending target of 6% and 10% respectively,” said Ghanshyam Deshpande, President of Technology at Praj. “India’s first commercial passenger flight powered by indigenously produced SAF from sugarcane molasses successfully flew from Pune to New Delhi. Air Asia, Praj and Indian Oil came together for this successful attempt”, the executive added.
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