Velocys and Varhad Capital MOU to develop Make‑In‑India biomass‑to‑SAF

Key highlights
  • Velocys and Varhad Capital signed an MOU to develop Make-In-India biomass-to-SAF projects.
  • Projects will use indigenous agricultural residues as feedstock, with Varhad's operational gasification producing syngas and biochar.
  • Velocys' Fischer-Tropsch (FT) technology will be integrated to convert syngas into liquid sustainable aviation fuel (SAF).
  • The plan targets a hub-and-spoke, distributed deployment to reduce feedstock logistics costs and deliver cost-competitive, low-carbon SAF.

Agreement

Velocys and Varhad Capital signed an MOU to engineer and develop Make‑In‑India biomass‑to‑SAF facilities using indigenous agricultural residues as feedstock.

Technical approach

Projects will integrate Varhad’s operational gasification platform, which produces syngas and biochar, with Velocys’ Fischer–Tropsch technology to convert syngas into liquid sustainable aviation fuel; the FT approach supports modular deployment sized to available feedstock.

Deployment model

The partners plan a hub‑and‑spoke model to locate production closer to feedstock sources, reducing logistics costs and enabling distributed, capital‑efficient rollout.

Goals and outcomes

The collaboration aims to deliver cost‑competitive, low‑carbon SAF at scale to support India’s energy security, rural value creation and aviation decarbonisation while shortening development timelines through modular, feedstock‑aligned project sizing.