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HPCL, Boeing enter into partnership for sustainable aviation fuel ecosystem

17 Feb 2025 Evaluate

Hindustan Petroleum Corporation (HPCL) and Boeing have entered into partnership for a sustainable aviation fuel ecosystem in the country. As part of this partnership, the two companies will explore opportunities to scale Sustainable Aviation Fuel (SAF) production in the domestic market, support the certification of domestically produced SAF, and advocate for policies to develop a robust SAF ecosystem in the country. HPCL is actively working to commercialise SAF with a strong emphasis on its development and production.

This partnership with HPCL underscores Boeing's leadership and continued investments in SAF, including partnering with airlines, fuel companies, governments, and research institutions globally to expand SAF supply and reduce costs.

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.

Peers
Company Name CMP
Reliance Industries 1240.80
Indian Oil Corpn. 134.10
Bharat PetroleumCorp 306.80
HPCL 350.45
MRPL 163.80
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