Varhad Capital and Velocys Partner on Biomass-to-SAF Projects in India
Varhad Capital and Velocys have signed a Memorandum of Understanding to develop biomass-to-Sustainable Aviation Fuel (SAF) facilities in India. This collaboration aims to leverage agricultural residues as feedstock, promoting sustainable fuel production under the Make-In-India initiative.
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Varhad Capital Pvt Ltd and Velocys have formalized a partnership through a Memorandum of Understanding focused on biomass-to-SAF projects in India. The initiative will utilize agricultural residues as feedstock and aims to create scalable and cost-competitive production facilities.
This collaboration enhances India's biofuel landscape and supports the country's sustainability goals. The successful implementation of these projects could significantly impact the aviation fuel market by providing a renewable alternative, aligning with global decarbonization efforts.
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