President's discretionary grant of Rs 62.4 lakh disbursed to meritorious EMRS Students (See 'Corp Brief') IPR - Patents Act does not impose any bar on amendment of patent application or specification at appellate stage: HC (See 'Legal Desk') Mandaviya announces 'Youth Spiritual Summit' in Varanasi (See 'Corp Brief') Misc - Land Acquisition Collector can't be said to had tendered compensation to recorded owner of subject land, simply based on notice of award u/s 12(2) of LA Act, in absence of communication inviting landowners to receive compensation : HC (See 'Legal Desk') Gadkari lays foundation stone for 9 NH projects in Karnataka (See 'Corp Brief') A&C - Merely pointing to existence of arbitration clause, without invoking statutory remedy u/s 8, is insufficient to seek dismissal of plaint on grounds of lack of jurisdiction: HC (See 'Legal Desk') Coal India's First Fully Women-Operated Dispensary Inaugurated at SECL (See 'Corp Brief') IPR - 'PLUTO' remains dominant part of both marks; Minor differences in presentation or added descriptors do not mitigate risk of confusion among consumers: HC (See 'Legal Desk') IPR - Rejection of patent application on blatantly illogical and misconceived reasoning, namely that invention was 'too simple' to qualify as patentable, was not justified: HC (See 'Legal Desk') Fifth Edition of National Startup Awards invites nominations (See 'Corp Brief') IPR - If goods of Petitioner are actually and in fact identified as 'PISCO', then GI PISCO would legitimately apply to such goods, as per Section 2(1)(e) of GI Act: HC (See 'Legal Desk') DoT rolls out Sanchar Mitra Scheme nationwide to empower Youth (See 'Corp Brief') IPR - Writ Court is yet to decide plea of Lenskart as to no intention to infringe in using Titan's trademark on websites: HC (See 'Legal Desk') Meity launches Whitepaper on Quantum-Safe Cybersecurity (See 'Corp Brief') IPR - Registrar of Trademarks must give reasoned order for pre-acceptance advertisement: HC (See 'Legal Desk') Quality Control Order on Steel Products: Exemptions given to dispatched consignments (See 'Corp Brief') IPR - Courts can't decline protection to plaintiff on sole ground that subject matter of passing off action happens to be registered design: HC (See 'Legal Desk') Semicon India 2025: 300 companies from 18 countries to participate (See 'Corp Brief') IPR - Copyright infringement by rogue websites who were using modern technology to hide their identities while unlawfully benefiting from JioStar's copyrighted works, calls for dynamic injunction: HC (See 'Legal Desk') Science & Technology is key growth engine for India's Economic Rise: MoS (See 'Corp Brief') IPR - Registrar of Trade Marks need to consider factors mentioned u/s 11(6) of Trade Marks, while deciding whether mark is known or recognized in relevant section of public: HC (See 'Legal Desk') Why Family Businesses in India Are Losing Their Own Bloodline (See CORP EINSICHT)

Print

IOCL first OMC to market AVGAS 100 LL in country

Published: Sep 26, 2022

By TIOL News Service

NEW DELHI, SEP 26, 2022: "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 Hardeep Singh Puri, Minister of Petroleum and Natural Gas & Housing and Urban Affairs while addressing at the launch of AVGAS 100 LL. Hardeep Singh Puri in the presence of General (Dr.) V. K.Singh (Retd.) Minister of State for Civil Aviation and Road Transport and Highways, launched AVGAS 100 LL, special aviation fuel meant for piston engine aircrafts and Unmanned Ariel Vehicles. Currently India is importing this product from European countries. The launch event hosted by Indian Oil at Hindan Airforce Station witnessed participation by senior officials from Indian Airforce, senior officials from MoPNG and MoCA and officials from Flying Training Organizations (FTOs).

Highlighting the importance of launch of indigenous AV GAS 100 LL, the Minister for Petroleum and Natural Gas mentioned that the launch of indigenous AV GAS 100 LL is important to serve the needs of a thriving aviation industry with increase in footfall on airports, rise in number of aircrafts and Flying Training Organisations (FTOs) in trainee aircrafts for pilot training in future.  As the demand for air transport in India is expected to increase manifolds in the future, there is going to be a huge demand for trained pilots also. And for this, the number of FTOs is also expected to increase significantly, he added.

Speaking about the launch of indigenous AV GAS 100 LL, Gen. (Dr.) V.K. Singh (Retd.) Minister of State for Civil Aviation, and Road Transport and Highways said that Ministry of Petroleum & Natural Gas under the leadership of Hardeep Puri has put efforts in launch of indigenous AV GAS 100 LL which we were importing before. Under Prime Minister's Atmanirbhar Bharat vision IOCL has come up with AV Gas 100 fuel which was imported so far at huge cost. It will ensure that all our flight schools and all other smaller aircrafts that use AV Gas 100 LL are able to buy this from indigenous sources and save money. It will make huge difference to us in terms of exporting it to areas and countries which need AV Gas 100 LL fuel, he added.

kant Madhav Vaidya, Chairman, Indian Oil said, "Indian Oil is proud to introduce this specialised fuel by leveraging our refining strength and in-house expertise. In fact the indigenous fuel is superior compared to the imported grades. AV Gas market is expected to grow from the current USD 1.92 billion to USD 2.71 billion by 2029. We plan to set up a new facility soon to target export opportunities, besides catering to the domestic demand. I am confident that the superior quality we offer, combined with competitive pricing, will give us a significant edge in the global market and open a new chapter in India's journey of self-reliance."

The move towards Aatma Nirbhar Bharat:

At present AVGAS 100 LL is 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 price advantage to the industry.

Indian Oil: Leading the Change

Principal grade of Aviation Gasoline, AVGAS 100 LL is designed for use in turbo charged reciprocating piston engines aircrafts, 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 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. Country will be able to save precious foreign exchange with the inhouse availability of this product.

This will also benefit more than 35 FTOs across India. With the domestic availability of this product, Ministry of Civil Aviation is considering opening more training institutes in the country. Seeing the increase in aviation traffic, requirement of trained Pilots is expected to increase.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.