Afcom Holdings has entered into a comprehensive long-term Aviation Fuel Supply Agreement with Hindustan Petroleum Corporation (HPCL). According to reports from Business Standard, the agreement became effective 1 September 2026, establishing a structured framework for aviation fuel supply across India. The partnership is built on IATA Model Terms and is supported by a Location Agreement covering HPCL's aviation fuel network infrastructure. The agreement was executed by Capt. Deepak Parasuraman, Chairman of Afcom Holdings, and Amit Tandon, General Manager (Aviation) at HPCL.
Under the agreement terms, HPCL will supply Jet A-1 aviation turbine fuel to support Afcom's operational requirements across HPCL's pan-India aviation fuelling network. As reported by Business Standard, this comprehensive coverage ensures reliable fuel supply for Afcom's aviation operations throughout India. The partnership provides quality assurance as per IS 1571:2008, ensuring consistent fuel standards across all supply locations. Sibi Mathew, Executive Director (Aviation) at HPCL, emphasized the company's commitment to supporting Afcom's growth in India's expanding cargo aviation segment, citing HPCL's nationwide aviation fuel infrastructure, consistent quality systems and customer-focused service approach.
The agreement delivers several operational advantages for Afcom, including streamlined coordination through a single supply framework and operational flexibility to support current and future network requirements. According to the reports, this framework provides Afcom with a secured and competitively priced supply of aviation turbine fuel, ensuring reliable operational support for their aviation operations across India. Capt. Deepak Parasuraman, Chairman and Managing Director of Afcom Holdings, highlighted that India's air cargo industry is entering a strong growth phase, supported by e-commerce, express logistics, pharmaceuticals and cross-border trade. He emphasized that the long-term partnership with HPCL provides Afcom with reliable fuel access, quality assurance and operational support as they expand their cargo network.
