IndoUS JCERDC Runner up Project: Indian Consortium for Advanced Biojet Fuel Technology (Ic-ABFT). PERC is one of the partners in this project supported by Ministry of Science and Technology, Government of India. Main objective of this project is to develop a viable technology to convert lipid into Jet Fuel. The first meeting of this project was conducted at Indian Institute of Petroleum (IIP), which is the lead partner in this prestigious project. Phycospecturm will be growing algal biomass in industrial effluent and supply it to IIP to take it further up to Jet fuel.