Business
Groupe ADP, GMR Airports, Airbus, Axens Safran Sign MoU
New Delhi, March 26: Airport operators Groupe ADP and GMR Airports together with Airbus, Axens and Safran have signed a Memorandum of Understanding (MoU) to conduct a joint study on Sustainable Aviation Fuels (SAF) and their potential in India, a statement said on Saturday. The objective of the study, conducted under the lead and coordination of Groupe ADP and GMR Airports and with the expertise of all partners, is to understand and evaluate the demand, the challenges and opportunities of supply, infrastructure and fueling, as well as to prepare a business case for SAF production and use in India for all kind of aviation purposes. SAF is a clean substitute for fossil jet fuels.
Rather than being refined from petroleum, SAF is produced from sustainable resources such as waste oils from a biological origin, agri residues, municipal solid wastes or algae. SAF produced using the most advanced pathways can provide CO2 emission reduction of up to 85 per cent across the entire SAF lifecycle. The aviation sector globally contributes to 2-3 per cent of CO2 emissions as compared to other sectors. In 2009, the aviation industry collectively agreed under the frame of ATAG (Air Transport Action Group) to the world’s first set of sector-specific climate change targets, the statement further said. These targets include- Carbon neutral growth from 2020 and achieving 50 per cent reduction in carbon emission by 2050 relative to a 2005 baseline.
In 2021, the ATAG commitments have been modified to aim at Net Zero in 2050, in order to be coherent with current global roadmaps defined in the Paris Agreement with 1.5 degree C temperature limit scenario. To realise this ambitious goal for the Aviation sector, ATAG has identified SAF as one of the most promising options. International Civil Aviation Organization (ICAO) also stressed the need for massive deployment of SAF in its work dedicated to LTAG (Long Term Aspirational Goals) recently adopted. In India, already the third largest domestic aviation market in the world and with a forecasted yearly growth of about 9 per cent going forward, SAF use will be a key element to achieve the targets of carbon reduction and net zero target of the country by 2070, set by Prime Minister Narendra Modi.
The joint study on Sustainable Aviation Fuels will help the Indian aviation sector in assessing all these critical factors and help them gear up for the future. It will also review the regulations in place and what could be the necessary evolutions to permit the SAF to take off in the operations. The study will also evaluate the business model and feasibility of the implementation of a pilot project in an appropriate location in India, which could be taken up in a second phase by the partners. The study will be initiated in the second quarter of 2022 and is expected to be completed within 1 year. It may be further extended based on the agreement of all the Parties involved, the statement added. UNI