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Honeywell-AM Green partner to propel India’s sustainable aviation fuel
MUMBAI: The future of clean energy just got a serious power boost! Honeywell and AM Green have signed a memorandum of understanding (MoU) at India Energy Week 2025, laying the groundwork for a game-changing initiative that could catapult India into the global spotlight for sustainable aviation fuel (SAF), green methanol, and carbon capture solutions.
This partnership is all about big ambitions—reducing crude oil import dependence, helping shipping companies adopt low-emission fuels, and giving airlines the tools to meet Corsia mandates for low-carbon, drop-in fuel replacements. Simply put, it’s a serious play to decarbonise aviation and shipping while reinforcing India’s energy security.
The Honeywell-AM Green alliance will assess the techno-economic feasibility of producing SAF from ethanol, green methanol from various CO₂ emission sources, and green hydrogen. But beyond the buzzwords, what does this really mean? Think next-gen fuels, fewer emissions, and a cleaner planet—all made possible with a combination of cutting-edge technology and forward-thinking strategy.
Honeywell, known for its carbon capture wizardry and ethanol-to-jet innovation, joins hands with AM Green, an emerging leader in green hydrogen and ethanol production. Together, they’re building an ecosystem that directly supports India’s SAF blending mandates and positions the country as a global green fuel export hub.
Honeywell India president Ashish Modi emphasised the larger vision behind this move, “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. 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.”
Meanwhile, AM Green co-founder & group president Mahesh Kolli highlighted the scale of their clean energy ambitions, “We are delighted to partner with Honeywell, one of the world’s largest technology companies 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 decarbonisation globally.”
For the aviation and shipping sectors, this means a real path to net-zero. But there’s an even bigger win here—Indian farmers stand to benefit significantly. By creating demand for ethanol feedstocks, this partnership supports rural economies and aligns with India’s national green hydrogen mission to boost green hydrogen production via green methanol for both domestic and export markets.
The feasibility study is set to wrap up by mid-2025, marking a crucial milestone in India’s journey toward large-scale decarbonisation. If successful, this initiative could redefine India’s role in global clean fuel production, solidifying its position as a pioneer in sustainable aviation and shipping solutions.
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Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
