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NTPC in talks to sell jet biofuel
Mint Mumbai
|November 26, 2024
NTPC Green aims to supply sustainable aviation fuel to carriers like British Airways, Lufthansa, Singapore Airlines
TPC Green Energy Ltd (NGEL) is in talks with British Airways, Lufthansa, Singapore Airlines, and Virgin Atlantic to secure deals for supplying sustainable aviation fuel (SAF), or jet biofuel, to be produced at its green hydrogen hub in Andhra Pradesh's Pudimadaka.
"NGEL has started talks with several possible SAF offtakers. The talks are in an initial stage. The industry is waiting for standards for SAF in India and globally, which would help finalize these offtake agreements," said a person close to the development.
A Lufthansa spokesperson, in reply to Mint's emailed query, said: "While we can't comment on specific commercial discussions, I can confirm Lufthansa Group is one of the largest purchasers of SAF in Europe, and we are always open to opportunities to increase the supply of this important resource."
This story is from the November 26, 2024 edition of Mint Mumbai.
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