- Velocys and Varhad Capital signed an MOU to develop Make-in-India biomass-to-SAF projects using indigenous agricultural residues
- Varhad operates gasification units producing syngas and biochar; Velocys' Fischer-Tropsch technology will convert syngas to liquid fuels
- Planned hub-and-spoke, modular deployment places plants near feedstock to cut logistics costs and enable capital-efficient scaling
- The partnership targets scalable, cost-competitive SAF production with improved lifecycle carbon intensity
Partnership
Velocys and Varhad Capital signed an MOU to develop Make‑in‑India biomass‑to‑SAF projects that combine Varhad’s operational gasification capability with Velocys’ Fischer–Tropsch conversion technology.
Technical approach
Varhad’s gasifiers produce syngas and biochar from agricultural residues; Velocys’ modular FT systems will convert syngas to drop‑in liquid fuels, enabling a direct biomass‑to‑fuel pathway sized to local feedstock availability.
Deployment model
The plan uses a hub‑and‑spoke, distributed deployment to site plants closer to feedstock sources, reducing logistics costs and supporting capital‑efficient scaling and faster project timelines.
Objectives
The collaboration targets cost‑competitive SAF with improved lifecycle carbon intensity, aiming to support domestic fuel production, rural value creation and aviation decarbonisation in India.
