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[BUSINESS] · India · 2 sources

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Afcom Holdings signs fuel supply agreement with HPCL

Afcom Holdings Limited has signed a long-term aviation fuel supply agreement with Hindustan Petroleum Corporation Limited (HPCL). The agreement, which becomes effective on September 1, 2026, is structured on IATA Model Terms and includes a Location Agreement covering HPCL’s nationwide aviation fuelling network in India.

Under the partnership, HPCL will supply Jet A-1 aviation turbine fuel to meet Afcom’s operational needs across its network. The deal aims to provide Afcom with secured, competitively priced fuel and quality assurance in accordance with IS 1571:2008. The collaboration is intended to support the expansion of Afcom’s cargo network amid growth in India’s air cargo sector, driven by e-commerce, pharmaceuticals, and cross-border trade.

Entities

Afcom Holdings Limited · Amit Tandon · Deepak Parasuraman · Hindustan Petroleum Corporation Limited · Sibi Mathew