Indian Oil Corp to set up aviation fuel plant with LanzaJet in Haryana

Praj Industries

14/06/2023 10:01

NEW DELHI, June 14 (Reuters) - Indian Oil Corp  IOC.NS 
will set up an 80,000 tonnes sustainable aviation fuel plant
with LanzaJet in Haryana, the refiner's chairman said on
Wednesday.
    The company is looking at an investment of about 23 billion
rupees ($280.1 million), S.M. Vaidya said on the sidelines of an
industry event in New Delhi.
    The refiner is also running a pilot project for green fuel
in association with Praj Industries  PRAJ.NS  in the western
state of Maharashtra, Vaidya added.
    

($1 = 82.1200 Indian rupees)

 (Reporting by Mohi Narayan in New Delhi; Editing by Dhanya Ann
Thoppil)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))