HM inaugurates 'Gujarat Gaurav Sarovar' in Amreli, Gujarat (See 'Corp Brief') IPR - In action for passing off involving composite trademarks, anti-dissection rule is paramount: HC (See 'Legal Desk') Chouhan joins Khelo India Samvaad at Mata Sundari College in Delhi (See 'Corp Brief') Trade Mark - Mocha vs Mocha Kaffee - Injunction granted on use of deceptively similar and phonetically similar trade mark - prima facie case is made out that latter mark intents to ride on strong goodwill & reputation of the former: HC (See 'Legal Desk') SIDBI organizes conclave of Heads of RRBs for MSME Co-Lending arrangement (See 'Corp Brief') Prasada strengthens India-Morocco Economic Partnership (See 'Corp Brief') India, Seychelles hold Bilateral Meeting to strengthen Strategic Cooperation in Fisheries (See 'Corp Brief') IBC - Violation of the principles of natural justice cannot be alleged when a financial institution denies an extension of time under circumstances marked by deliberate dilatory tactics: HC (See 'Legal Desk') CAQM conducts Special Surprise Inspection drive in Loni, Ghaziabad (See 'Corp Brief') High-Level Meeting between Indian Coast Guard and Vietnam Coast Guard held in Chennai (See 'Corp Brief') Limitation - Sufficient cause u/s 5 cannot be construed so liberally as to condone gross negligence, prolonged inaction or lack of bona fide - discretion to condone delay be exercised judicially rather than on sympathetic considerations: HC (See 'Legal Desk') PMFME Conclave 2026 Concludes with Recognition of Top-Performing States & Banks (See 'Corp Brief') CCI okays acquisition of stake in Kestrel Coal Group by Yancoal Australia (See 'Corp Brief') CCI approves acquisition of 100% share capital of Tao Digital Solutions by Cyient Ltd (See 'Corp Brief') IPR - Without solid proof of 'deceptive similarity' or established market 'goodwill,' brand owner cannot restrain competitor from using common descriptive words or distinct symbols: HC (See 'Legal Desk') CSR must move beyond expenditure to outcomes & value addition for communities: IICA (See 'Corp Brief') Scindia commends C-DOT Scientists, Researchers and Young Officers (See 'Corp Brief') IPR - Applicant may correct or amend trademark application so long as change does not amount to substantial alteration of mark originally applied for: HC (See 'Legal Desk') Railways launches Special Drive for Disinfection of Drinking Water Tanks (See 'Corp Brief') Regional Manthan Conference on Road Safety held (See 'Corp Brief') Minister highlights successful Blended Green-Finance Framework for Land Restoration (See 'Corp Brief') IPR - Mere addition of descriptive suffix or insertion of corporate descriptors in trade name, does not sufficiently distinguish, particularly when competing goods target same class of consumers: HC (See 'Legal Desk') India Post accelerates Digital and Infrastructure Transformation with Upgraded Dak MITRA (See 'Corp Brief') NA-Allocated Talabira II & III Coal Mines mark Record Production in FY 2025-26 (See 'Corp Brief') MeitY Startup Hub, MSH Emerging as Key National Enabler for India's Startup (See 'Corp Brief') SEBI - Bail denied where alleged offences involve large-scale cheating of investors and mobilisation of public funds, causing harm to individuals as well as to public confidence & economy: HC (See 'Legal Desk') India-Cambodia Bilateral Trade grows over 36% to USD 406.78 Million (See 'Corp Brief') India restored 21.76 mn ha land during 2011-2020: Yadav (See 'Corp Brief') IBC - Extraordinary remedies such as forensic audit u/s 241-242 of Companies Act cannot be granted on mere allegations or shareholder distrust: NCLT (See 'Legal Desk') NCSK distributes Appreciation Certificates among Outstanding Safai Karamcharis (See 'Corp Brief') Stakeholders explore actionable measures to promote inclusivity across financial institutions (See 'Corp Brief') SEBI - Writ court's intervention not needed in respect of a preliminary SCN proposing to conduct an inquiry & giving opportunity to petitioner to present objections: HC (See 'Legal Desk') EPFO urges establishments to utilize Employees' Enrolment Campaign, 2026 (See 'Corp Brief') SEBI - Regulator cannot substitute its own commercial judgment for business decision of a company in relation to funding its wholly owned subsidiary: SAT (See 'Legal Desk') MoS delivers inaugural address at BRICS Science Ministerial Meet at Chennai (See 'Corp Brief') SEBI - Noticee cannot be held liable for carrying out unregistered investment advisory activities or for promising assured returns where evidence does not exist to show that Noticee conducted core advisory activities: SEBI (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (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.