Velocys and Varhad Capital sign MOU for SAF projects in India

April 6, 2026 |

In India, Velocys and Varhad Capital Pvt Ltd (Varhad), an India-based Biofuel and Carbon Dioxide Removal (CDR) project development company, announced the signing of a Memorandum of Understanding (MOU) to advance a new generation of biomass-to-Sustainable Aviation Fuel (SAF) projects in India.

Under the MOU, the companies will engineer and design scalable biomass-to-SAF facilities using indigenous agricultural residues as feedstock. The collaboration combines Varhad’s existing operational gasification platform, already producing syngas and biochar from agricultural residues, with Velocys’ proven Fischer-Tropsch (FT) technology, enabling a direct and efficient pathway from biomass to SAF. The initial projects will establish a scalable hub-and-spoke model for SAF production in India.

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Category: Fuels

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