In India, PSU Watch reported that India has the potential to produce 8-10 million tons of SAF by 2040, and investments worth $70-85 billion will be required to achieve the projected production, according to a report by Deloitte. Deloitte India said the 8–10 million tons production of SAF would surpass the country’s estimated domestic demand of 4.5 million tons for a 15% blending mandate in 2040 across all flights. “Investments worth $70–85 billion would be required to realize the projected SAF production capacity. It will give impetus to the aviation sector’s decarbonization efforts, reducing carbon emissions to 20–25 million tons annually,” the report said. “Further, SAF production can boost farmers’ income by 10–15% by using agricultural residue as feedstock, providing a sustainable alternative to the current practice of burning crop waste,” it added.
More on the story.