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Honeywell and AM Green have signed a memorandum of understanding (MoU) at India Energy Week 2025 to evaluate the techno-economic feasibility of producing sustainable aviation fuel (SAF) from ethanol, green methanol from carbon dioxide (CO2) emissions, and green hydrogen. This collaboration aligns with Honeywell鈥檚 focus on the energy transition and supports India's goal of enhancing energy security.

The partnership aims to:

• Reduce India's dependence on crude oil imports.
• Position India as a key global exporter of green methanol, aiding the shipping industry in adopting this low-emission alternative fuel.
• Support airlines in meeting Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) mandates by providing low-carbon, drop-in fuel replacements.

Ashish Modi, President of Honeywell India, emphasized the significance of this collaboration, stating, 鈥淧artnering with AM Green will accelerate India鈥檚 low-carbon transition and foster an ecosystem supporting the government鈥檚 SAF blending mandates. By integrating Honeywell鈥檚 proven carbon capture technologies and ethanol-to-jet solution with AM Green鈥檚 expertise in green hydrogen and ethanol production, we are paving the way for a more sustainable future and reinforcing our commitment to environmental stewardship.鈥�

Mahesh Kolli, Co-Founder and Group President of AM Green, highlighted the company鈥檚 commitment to clean energy, saying, 鈥淲e are excited to collaborate with Honeywell, a global technology leader shaping the future of energy. This partnership reinforces AM Green鈥檚 position as a key player in the global clean energy transition. By producing green methanol, we will contribute to decarbonizing hard-to-abate industries such as shipping, steel, and cement while supporting India鈥檚 ambition to become a leading exporter of sustainable, cost-effective green molecules and derivatives.鈥�

Beyond industrial benefits, this initiative will create new opportunities for Indian farmers by increasing demand for ethanol feedstocks. Additionally, it aligns with the government鈥檚 National Green Hydrogen Mission, boosting domestic and export-oriented green hydrogen production through green methanol.

The feasibility study is expected to be completed by mid-2025, marking a crucial step toward large-scale decarbonization and reinforcing India鈥檚 role in the global clean energy landscape.

Honeywell is a global integrated operating company serving diverse industries across various geographies. Its business is driven by three key megatrends鈥攁utomation, the future of aviation, and energy transition鈥攕upported by the Honeywell Accelerator operating system and the Honeywell Forge IoT platform. As a trusted partner, Honeywell helps organizations tackle the world鈥檚 most complex challenges by delivering innovative, actionable solutions. Through its Aerospace Technologies, Industrial Automation, Building Automation, and Energy & Sustainability Solutions segments, the company is committed to making the world smarter, safer, more secure, and more sustainable.