BPCL to invest ₹1,400 crore in sustainable aviation fuel facilities

State-owned Bharat Petroleum Corporation Limited (BPCL) is planning to establish sustainable aviation fuel (SAF) facilities at its three refineries. BPCL will invest ₹1,400 crore for these units, according to a report in The Economic Times.

The company operates refineries in Mumbai, Kochi, and Bina (Madhya Pradesh), which collectively have a refining capacity of 35.3 million metric tonnes per annum. This initiative aims to support the government’s goal of achieving 1 percent SAF blending.

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Sustainable Aviation Fuel (SAF) is derived from waste materials such as agricultural residues, fats, used cooking oil, and non-food crops. SAF can be blended at various concentrations, typically ranging from 10 to 50 percent, based on the type of feedstock and production method.

The International Civil Aviation Organisation (ICAO) reports that over 360,000 commercial flights have used SAF at 46 airports, mainly in the United States and Europe.

BPCL plans to establish a SAF production facility capable of achieving 5 percent blending by 2030, in line with the Indian government’s notification. Further plans will be developed based on technological readiness and logistical assessments.

As of 2:27 PM, BPCL shares were trading 0.57 percent higher at ₹630.20 on NSE.