'IndianOil' became the first OMC to produce and market AVGAS 100 LL in country
With this IndianOil becomes the first Oil Marketing Company to produce and market AVGAS 100 LL in the country which will save precious foreign exchange.
In Pic: Union Petroleum Minister Hardeep Singh Puri with IOCL Chairman, S M Vaidya at the launch of AVGAS 100 LL.
New Delhi: Today at Hindan Airforce Station, Indian Oil takes a new step towards Atmanirbhar Bharat by launching "AVGAS 100 LL", a special aviation fuel meant for piston engine aircraft and Unmanned Ariel Vehicles.
“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.”, stated Shri Hardeep Singh Puri while addressing the launch of AVGAS 100 LL
With this IndianOil becomes the first Oil Marketing Company to produce and market AVGAS 100 LL in the country which will save precious foreign exchange.
A move towards AatmaNirbhar Bharat :
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 is being 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.
IndianOil: Leading the Change
Principal grade of Aviation Gasoline, AVGAS 100 LL is designed for use in turbo-charged reciprocating piston engine aircraft, mainly used by FTOs and defence forces for training pilots.
AV GAS 100 LL produced by IndianOil’s flagship refinery at Vadodara has been tested and certified by the Directorate General of Civil Aviation (DGCA), the statutory body of the Government of India to regulate civil aviation in India. It is a higher-octane Aviation fuel meeting the product specifications with superior performance quality standards, as compared to imported grades.
The indigenous availability of AV GAS 100 LL will help reduce dependence on imports and address the associated logistical challenges. The country will be able to save precious foreign exchange with the in-house availability of this product.
This will also benefit more than 35 FTOs across India. With the domestic availability of this product, the Ministry of Civil Aviation is considering opening more training institutes in the country. Seeing the increase in aviation traffic, the requirement of trained Pilots is expected to increase.
Read Also : Navaratna Defence PSU Bharat Electronics to collaborate on space technologies, signs MoU with ARIESNews Must Read
- Navaratna Defence PSU Bharat Electronics to collaborate on space technologies, signs MoU with ARIES
- Gunjan Kumar Sinha recommended for ECL Director Personnel
- Stock market indices surge as global markets rally after Fed rate cut
- NTPC board approves Rs 9,700 cr investment for 800 MW Sipat project
- BPCL Director V.R.K Gupta felicitated as 'PSU CFO' by CII
- HUDCO announces Potential Loan Assistance worth Rs 1 Lakh Crore under PMAY-U 2.0
- India’s Largest Bank, SBI raised Rs. 7,500 cr
- Indian Bank raises Rs. 5,000 Crores through issuance of Bonds
- NLCIL plans three fold increase in its total power generation capacity by 2030
- DVC enters into financial collaboration with State Bank of India