During India Energy Week 2025, Honeywell and AM Green signed a memorandum of understanding (MoU) to evaluate the techno-economic viability of manufacturing green hydrogen, green methanol from different carbon dioxide (CO2) emission sources, and sustainable aviation fuel (SAF) from ethanol. This partnership highlights how Honeywell’s portfolio is in line with three powerful megatrends, including the energy shift.
The companies will collaborate to find ways to improve India’s energy security and
- Reduce crude oil import dependence.
- Help position the country as a competitive global exporter of green methanol to aid shipping companies in adopting this low-emission alternative fuel.
- Help airlines in meeting CORSIA mandates for low-carbon, drop-in fuel replacements.
The partnership generates demand for ethanol feedstocks, which helps Indian farmers. Additionally, it supports the government’s National Green Hydrogen Mission, which aims to increase the production of green hydrogen for both local and international use by using green methanol.
Leadership Comments
“The collaboration with AM Green will help advance India’s low-carbon economy and create an ecosystem that supports the government’s SAF blending mandates, positioning India as a global leader in alternative fuel innovation,” said Ashish Modi, President, Honeywell India. “By combining Honeywell’s proven carbon capture technologies and ethanol-to-jet solution with AM Green’s expertise in green hydrogen and ethanol production, we will pave the way for a sustainable future and reinforce our commitment to environmental stewardship.”
Mahesh Kolli, Co-Founder and Group President of AM Green said, “We are delighted to partner with Honeywell, which is one of the world’s largest technology companies that is positively shaping the future of energy. This partnership demonstrates AM Green’s emerging leadership position as a global clean energy transition solutions platform while contributing to India’s ambition of emerging as an exporter of reliable, sustainable and lowest-cost green molecules and its derivatives accelerating industrial decarbonization globally.”
By the middle of 2025, the feasibility study should be finished, which would be a crucial step in the direction of widespread decarbonization.