Aditya Ghosh
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
India Can Play Leading Role In Sustainable Aviation Fuel: Akasa's Ghosh
There is a gap of around $350 million in terms of funding between traditional aviation fuel and 10% blended fuel, he said
Topics
Akasa Air | Civil Aviation | Aviation fuel
Akasa Air Co-Founder Aditya Ghosh on Monday said India can play a leading role with respect to sustainable aviation fuel by plugging into the global supply chain opportunities.
Airlines and airports will be pushed to take sustainable measures, he said but added that currently, sustainable aviation fuel is much more expensive compared to the traditional fuel.
Ghosh, an aviation industry veteran and former IndiGo chief, was speaking at the CAPA aviation summit in the national capital.
There is a gap of around $350 million in terms of funding between traditional aviation fuel and 10 per cent blended fuel, he said.
According to him, India can plug into the global supply chain opportunities in the context of Sustainable Aviation Fuel (SAF). India can play a leading role in solving the problems for the world, he added.
In this context, blended fuel means 10 per cent of SAF blended with traditional fuel.
The government is working on mandating blending of jet fuel with SAF as the country works on ways to reduce emissions.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Mon, March 20 2023. 22:12 IST
RECENT NEWS
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more