New Delhi, Feb. 12 -- US-based industrial and aerospace giant Honeywell and Greenko founders-led AM Green signed an agreement on Wednesday to collaborate on manufacturing sustainable aviation fuel (SAF) in India from biofuels, including ethanol, methanol, and green hydrogen.

The companies will assess the feasibility of making SAF in India to reduce the country's oil import dependence, helping shipping companies adopt the low-emission fuel, and aiding aviation companies to meet International Civil Aviation Organisation (ICAO) CORSIA guidelines for low-carbon fuel replacements, the two companies said in a joint statement.

The feasibility studies by the two companies is expected to be completed by mid-2025.

SAF refers to non-conventional ...