Thyssenkrupp India eyeing SAF production

Thyssenkrupp Industries India announced it is planning to setup sustainable aviation fuel (SAF) project in the country after the company’s German parent offloaded its stake in the company, as per reports by local media.

The company is currently in the process of finalising partners for the SAF venture, the company’s managing director Vivek Bhatia was quoted as saying.

“We are looking at a short-term horizon. We want to be active in the market in the next 12-18 months,” he said. “We want to get into ethanol, bio CNG, lactic acids and polylactic solutions all the way up to SAF. Ultimately, we want to look at sugar-associated biomass in addition to other biomass which can contribute to the green transformation in the industry.”

State-owned Indian Oil Corporation is already developing a SAF project in India with an investment of $38m.

The Indian government is currently working on a SAF mandate of 1-5% for all commercial flights from 2027 onwards. The consultations for the mandate are still ongoing.

Thyssenkrupp Industries India operates in various sectors including sugar plants & machinery, mining & bulk material handling systems, cement plants & machinery and boilers & power plants.