MoU aims to strengthen India’s Sustainable Aviation Fuel ecosystem and support aviation sector decarbonization
Ahmedabad, July 15, 2026: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and Maharatna PSU, has signed a strategic Memorandum of Understanding (MoU) with Akasa Air to accelerate the development and adoption of Sustainable Aviation Fuel (SAF) in India, marking a significant milestone in the country’s transition towards greener aviation.
The MoU was signed by Shri Sujit Kumar, Chief General Manager – Marketing (Aviation), BPCL, and Shri Ankur Goel, Chief Financial Officer, Akasa Air, in the presence of Shri Subhankar Sen, Director (Marketing), BPCL, Shri Sanjeev Kumar, Business Head – Aviation, BPCL, and senior officials from both organisations.
The collaboration will establish a framework for the supply and offtake of SAF-blended Aviation Turbine Fuel (ATF) at selected airports across India. It will also facilitate long-term supply planning by sharing indicative demand forecasts, supporting production planning, and enabling a phased increase in SAF blending as the domestic ecosystem evolves.
As part of the partnership, BPCL and Akasa Air will jointly promote the development of India’s Sustainable Aviation Fuel ecosystem through knowledge sharing, policy advocacy, and engagement with government bodies and industry stakeholders.
Speaking on the occasion, Shri Subhankar Sen, Director (Marketing), BPCL, said the company remains committed to providing reliable and innovative fuel solutions to the aviation sector while supporting India’s transition towards a low-carbon future. He highlighted BPCL’s digital initiatives, including the Be-Winged automation platform, designed to enhance operational efficiency and customer experience across its aviation fuel business.
Shri Sanjeev Kumar, Business Head – Aviation, BPCL, said the company shares a long-standing relationship with Akasa Air and is making significant investments in the Sustainable Aviation Fuel segment, including the development of a 61 KTPA Sustainable Aviation Fuel facility at BPCL’s Mumbai Refinery. He added that strategic collaborations will help accelerate the availability and adoption of SAF across the country.
Commenting on the partnership, Shri Ankur Goel, Chief Financial Officer, Akasa Air, said sustainability has been a core value for the airline since its inception. He noted that the collaboration with BPCL would strengthen Akasa Air’s readiness for Sustainable Aviation Fuel while supporting the development of a robust domestic SAF supply ecosystem.
The partnership aligns with India’s decarbonization goals and global aviation sustainability frameworks, including the International Civil Aviation Organization’s (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). It is expected to play a key role in advancing cleaner aviation, strengthening India’s energy transition, and supporting sustainable growth in the aviation sector.