"Innovation is one of IndianOil's core values as evidenced by our continued investment in our R&D and engineering teams," said Mr Sanjiv Singh, Chairman IndianOil. "Innovation helps us learn and grow and this project at the Panipat Refinery enables us to continue to move forward with our commitment to build a strong sustainable business that demonstrates concern for society and the environment. The biofuels we will be able to produce will support the requirements for motor spirit blends set by the Government of India while enabling IndianOil to add value while reducing its emissions."
Dr Jennifer Holmgren, CEO of LanzaTech
"India is leading a transformational shift which balances industrial growth with the needs of society and the environment," . "Changes in the energy paradigm pose a serious challenge for energy companies but IndianOil is taking the challenge as an opportunity. They are leading the next generation of refiners as they diversify India's energy sources and explore alternative ways to meet the country's energy needs, sustain economic growth and alleviate energy poverty. We are very proud to be working with IndianOil as it plans the first deployment of LanzaTech technology in one of its major refineries, demonstrating the broad applicability of emissions recycling across industrial sectors, beyond steel."