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India launches IOC-made indigenous piston aviation fuel
Minister for Petroleum and Natural Gas Hardeep Singh Puri, while launching the fuel at Hindon air base, said, "We are undergoing a remarkable transformation which is almost revolutionary. We are reducing dependence on imported fuels by promoting biofuel blending, green hydrogen, and introduction of electric vehicles."
Currently, India imports this product from European countries.
Puri said that the launch of indigenous AVGAS 100 LL is important to serve the needs of a thriving aviation industry with increased footfall at airports, rise in the number of aircraft and Flying Training Organisations (FTOs).
Indian Oil Corporation chairman Shrikant Vaidya said: "Indian Oil is proud to introduce this specialised fuel by leveraging our refining strength and in-house expertise. In fact, the indigenous fuel is superior compared to the imported grades.
“The AV gas market is expected to grow from the current $1.92 billion to $2.71 billion by 2029. We plan to set up a new facility soon to target export opportunities, besides catering to the domestic demand. The superior quality we offer, combined with competitive pricing, will give us a significant edge in the global market and open a new chapter in India's journey of self-reliance."
The domestic production of AVGAS 100 LL, produced by Indian Oil at its Gujarat refinery. will make flying training more affordable in India, an official statement said.
See also:
Thiruvananthapuram airport expansion likely to take off soon
Odisha to have airports built on four sites
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