Velocys and Varhad Capital sign MOU to advance Make-In-India biomass-to-SAF projects

April 14, 2026 |

In the UK, Fuel Cells Works reported that Velocys, a sustainable fuel technology provider, and Varhad Capital, 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 Make-In-India biomass-to-SAF projects.

Under the MOU, Velocys and Varhad will engineer and develop scalable biomass-to-SAF facilities using indigenous agricultural residues as feedstock. The projects will build on Varhad’s existing operational gasification platform, which is already producing syngas and biochar, and integrate Velocys’ proven Fischer–Tropsch (FT) technology to enable a direct, efficient pathway from biomass to liquid fuels, according to the report.

The initial developments are expected to establish a hub-and-spoke model for SAF production in India, enabling distributed deployment closer to feedstock sources and reducing feedstock logistics costs, it added.

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Category: SAF

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