New Delhi: Honeywell and AM Green signed a memorandum of understanding (MoU) during India Energy Week 2025 to assess the techno-economic feasibility of producing sustainable aviation fuel (SAF) from ethanol, green methanol from carbon dioxide (CO₂) emission sources, and green hydrogen. The feasibility study is expected to conclude by mid-2025.
The collaboration aims to reduce India’s crude oil import dependence, position the country as a global exporter of green methanol, and support airlines in meeting Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) mandates for low-carbon, drop-in fuel replacements.
“The collaboration with AM Green will help advance India’s low-carbon economy and create an ecosystem that supports the government’s SAF blending mandates, positioning India as a global leader in alternative fuel innovation,” said Ashish Modi, President, Honeywell India. “By combining Honeywell’s proven carbon capture technologies and ethanol-to-jet solution with AM Green’s expertise in green hydrogen and ethanol production, we will pave the way for a sustainable future and reinforce our commitment to environmental stewardship.”
Mahesh Kolli, Co-Founder and Group President of AM Green, said, “We are delighted to partner with Honeywell, which is one of the world’s largest technology companies that is positively shaping the future of energy. This partnership demonstrates AM Green’s emerging leadership position as a global clean energy transition solutions platform while contributing to India’s ambition of emerging as an exporter of reliable, sustainable, and lowest-cost green molecules and its derivatives, accelerating industrial decarbonization globally.”
The partnership will also create demand for ethanol feedstocks, benefiting Indian farmers, and aligns with the government’s National Green Hydrogen Mission to boost green hydrogen production through green methanol for domestic and export use.
