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Afcom Holdings Signs Long-Term Aviation Fuel Supply Agreement with HPCL
Chennai (Tamil Nadu) [India], September 15: Afcom Holdings Limited (AFCOM), (BSE – 544224), one of India’s growing international cargo airlines, has signed a long-term Aviation Fuel Supply Agreement with Hindustan Petroleum Corporation Limited (HPCL), a Government of India Maharatna oil and gas company with a nationwide aviation fuelling network. The agreement, effective 1st September 2026, is structured [...]
Chennai (Tamil Nadu) [India], September 15:Afcom Holdings Limited (AFCOM), (BSE – 544224), one of India’s growing international cargo airlines, has signed a long-term Aviation Fuel Supply Agreement with Hindustan Petroleum Corporation Limited (HPCL), a Government of India Maharatna oil and gas company with a nationwide aviation fuelling network.
The agreement, effective 1st September 2026, is structured on IATA Model Terms and supported by a Location Agreement covering HPCL’s aviation fuel network in India providing Afcom with a secured and competitively priced supply of aviation turbine fuel. It was executed by Capt. Deepak Parasuraman, Chairman of Afcom Holdings Limited, and Mr. Amit Tandon, General Manager (Aviation), HPCL.
Under the agreement, HPCL will supply Jet A-1 aviation turbine fuel to support Afcom’s operational requirements across HPCL’s pan-India aviation fuelling network. The partnership provides quality assurance as per IS 1571:2008, streamlined coordination through a single supply framework, and operational flexibility to support Afcom’s current and future network requirements.
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