📋 Tender Overview
Scope : To Set up Sustainable Aviation Fuel Facility in India
GPS Renewables, specialising in clean fuels, has announced a partnership with Dubai-based SAF One, to set up a facility in India. The two will collaborate in the development of 20 to 30 million litres of sustainable aviation fuel (SAF) annually.
For such projects, the facility will utilise lignocellulosic waste feedstock, which consists of residual dry plant matter in the production of the fuel. This initiative is part of India's strategy to introduce mandatory SAF blending in aviation fuel, starting with one to five percent blend in 2027. The collaboration aims to accelerate the production of SAF in India.
The partnership combines GPS Renewables' extensive experience in green energy projects with SAF One's expertise to support and transform the aviation sector. EY acted as the exclusive M&A investment banker representing GPS Renewables in the transaction.
Partner :
SAF One
Address : SAF One Energy Management Limited
6th Floor, South Tower
Emirates Financial Towers
Dubai International Financial Centre
PO Box 506773
Dubai, United Arab Emirates
Tel : +971 (4) 388 0686
Website : https://www.saf-one.co/
