September 30, 2026: India’s jet fuel demand is projected to rise to 277,000 barrels per day by 2031, from about 192,000 barrels per day in 2024, creating a growing market for sustainable aviation fuel (SAF), according to a report released on Monday.

The report, jointly developed by S&P Global Energy and the SAF Association, estimates domestic SAF demand at 46,000 tonnes in 2027, increasing to 250,000 tonnes by 2030.

The projections come against the government’s announced SAF blending roadmap, starting at 1 percent in 2027 and rising to 2 percent in 2028 and 5 percent in 2030 to help decarbonise aviation.

Released at the second India SAF Conclave, the report said aviation would remain one of India’s fastest-growing sources of refined petroleum product demand through 2060, supporting the development of a domestic SAF industry.

(Source: PSU watch)