IOC invests $280.1 million in JV with LanzaJet to establish aviation fuel plant in India

Indian Oil Corp (IOC) has collaborated with LanzaJet to establish an aviation fuel plant in Haryana. With an investment of approximately $280.1 million. The proposed 80,000-tonne aviation fuel plant will contribute to reducing the carbon footprint of the aviation industry by producing sustainable alternatives to traditional jet fuel. This investment underscores IOC’s dedication to driving the adoption of cleaner energy solutions. In addition to its collaboration with LanzaJet, IOC is actively involved in a pilot project for green fuel in partnership with Praj Industries. The pilot project is being implemented in Maharashtra. This joint effort will enable IOC to explore