The IndianOil AVGAS 100 LL, special aviation fuel will power the piston engine aircraft and Unmanned Aerial Vehicles launched recently and will save precious foreign exchange.
Indian Oil, a Government of India public sector undertaking, has announced that the company has commenced the production and supply of the indigenous AVGAS 100 LL aviation fuel. AVGAS 100 LL, special aviation fuel will power the piston engine aircraft and Unmanned Aerial Vehicles launched recently. India will save precious foreign exchange with the launch of indigenous AVGAS 100 LL aviation fuel.
IndianOil with this latest milestone has become the first Oil Marketing Company to produce and market AVGAS 100 LL in India. This initiative is seen as a new step towards the Indian Government’s initiative of “Atmanirbhar Bharat” or self-dependent India.
“We are undergoing a remarkable transformation which is almost revolutionary. We are reducing dependence on imported fuels by promoting biofuel blending, green hydrogen and introduction of electric vehicles”, said Hardeep Singh Puri, Minister of Petroleum, Government of India.
Hardeep Singh Puri in the presence of General (Dr.) V. K. Singh (Retd.) Minister of State for Civil Aviation and Road Transport and Highways, launched AVGAS 100 LL, special aviation fuel meant for piston engine aircraft and Unmanned Aerial Vehicles. Currently, India is importing this product from European countries. The launch event hosted by Indian Oil at Hindan Airforce Station witnessed participation by senior officials from Indian Airforce, senior officials from MoPNG and MoCA and officials from Flying Training Organizations (FTOs).
Shrikant Madhav Vaidya, Chairman, Indian Oil said, “Indian Oil is proud to introduce this specialised fuel by leveraging our refining strength and in-house expertise. In fact, the indigenous fuel is superior compared to the imported grades. AV Gas market is expected to grow from the current $ 1.92 billion to $ 2.71 billion by 2029. We plan to set up a new facility soon to target export opportunities, besides catering to the domestic demand. I am confident that the superior quality we offer, combined with competitive pricing, will give us a significant edge in the global market and open a new chapter in India’s journey of self-reliance.”
Speaking about the launch of indigenous AVGAS 100 LL, Gen. (Dr.) V.K. Singh (Retd.) Minister of State for Civil Aviation, and Road Transport and Highways said that the Ministry of Petroleum & Natural Gas under the leadership of Shri Hardeep Puri has put efforts into the launch of indigenous AVGAS 100 LL which we were importing before. Under the Indian Prime Minister’s Atmanirbhar Bharat vision, IOCL has come up with AVGas 100 fuel which was imported so far at a huge cost. It will ensure that all our flight schools and all other smaller aircraft that use AVGas 100 LL are able to buy this from indigenous sources and save money. It will make a huge difference to us in terms of exporting it to areas and countries which need AVGas 100 LL fuel, he added.
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At present AVGAS 100 LL is a completely imported product. The domestic production of AVGAS 100 LL produced by Indian Oil at its Gujarat Refinery will make flying training more affordable in India. This product, which fuels the aircraft operated by FTOs and Defense forces, has been imported for decades by India. Indian Oil’s R&D, Refineries and Marketing teams have achieved this feat of indigenous production and have offered a price advantage to the industry.
