Sunday, February 1, 2026

Honeywell (NASDAQ: HON) has signed a Memorandum of Understanding (MoU) with NTPC Green to explore the production of sustainable aviation fuel (SAF) in India. The companies will explore the use of Honeywell’s proprietary eFining technology to produce Sustainable Aviation Fuel (SAF) from carbon dioxide (CO2) feedstock captured from NTPC’s power plants and green hydrogen.

The collaboration aims to support decarbonisation goals and help airlines meet their carbon reduction targets. The agreement further supports India’s energy security objectives and underscores Honeywell’s alignment with the energy megatrend.

SAF production forms a sizeable part of the ambitious Green Hydrogen Hub of NTPC Green in Pudimadaka, Andhra Pradesh. We believe that the mandate in the aviation sector for blending SAF in jet fuel will drive many early mover projects in green hydrogen,” said DMR Panda, Executive Director (Green Hydrogen), NTPC Ltd.

Honeywell

The collaboration brings together Honeywell UOP’s expertise in SAF production and NTPC’s leadership in green hydrogen project development. SAF is viewed as a crucial tool to help decarbonise the aviation sector.

We are excited to work with NTPC Green on this initiative to advance India’s transition towards cleaner aviation fuels and goal of working toward carbon neutrality,” said Ranjit Kulkarni, Vice President and General Manager of Energy and Sustainability Solutions, Honeywell India. “Our collaboration with NTPC Green will leverage Honeywell’s expertise in SAF solutions to treat emissions from thermal energy efficiently, foster green hydrogen adoption, diversify feedstocks for SAF production and help India’s aviation sector meet its long-term environmental goals.”

The study, expected to be completed by mid-2025, will support India’s dual mission of positioning itself as a SAF hub and achieving its emissions reduction goals by developing a pathway to promote the production and export of SAF to other regions.

Honeywell

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