The grease hunters of Bengaluru want leftover fryer oil to fuel India’s jets
Bullish strength: 70/100
- India's sustainable aviation fuel mandate rises from 1% in January to 5% by 2030.
- Hindustan Petroleum and Bharat Petroleum sought a combined 83,000 tons of used cooking oil.
- Asian benchmark prices for used cooking oil have risen about 10% this year.
Bearish strength: 30/100
- Only about 5% of India's used cooking oil is collected, highlighting supply-chain constraints.
- Fraud risks and difficulties verifying used oil could complicate sustainable fuel production.
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