Afcom Holdings Limited has signed a long-term Aviation Fuel Supply Agreement with Hindustan Petroleum Corporation Limited (HPCL) to secure aviation turbine fuel for its cargo operations across India. The agreement took effect on September 1, 2026, and is structured under IATA Model Terms, supported by a Location Agreement covering HPCL’s aviation fuel network.
The agreement was executed by Capt Deepak Parasuraman, Chairman of Afcom Holdings Limited, and Amit Tandon, General Manager (Aviation), HPCL. Under the arrangement, HPCL will supply Jet A-1 aviation turbine fuel to meet Afcom’s operational requirements through its pan-India aviation fuelling network.
The agreement provides Afcom with a secured and competitively priced fuel supply framework as it expands its cargo operations. It also provides quality assurance in accordance with IS 1571:2008 and streamlines coordination through a single supply arrangement. The framework is designed to provide operational flexibility for Afcom’s existing and future network requirements.
“India’s air cargo sector is entering a strong growth phase, driven by e-commerce, express logistics, pharmaceuticals and cross-border trade. This long-term partnership with HPCL provides Afcom with reliable fuel access, quality assurance and operational support as we expand our cargo network,” said Capt Deepak Parasuraman, Chairman & Managing Director, Afcom Holdings Limited.
HPCL said its nationwide aviation fuelling infrastructure would support Afcom’s growing cargo operations across Indian airports. “HPCL is pleased to partner with Afcom Holdings as it strengthens its presence in India’s growing cargo aviation segment. With our nationwide aviation fuel infrastructure, consistent quality systems and customer-focused service approach, we look forward to supporting Afcom’s growth across our airport network,” said Sibi Mathew, Executive Director (Aviation), HPCL.
The agreement comes as India’s air cargo sector expands on the back of e-commerce, express logistics, pharmaceutical shipments and international trade. Reliable access to aviation turbine fuel remains an important part of maintaining cargo airline operations across domestic and international routes.
Established in 2013, AFCOM is one of the growing players in the air cargo transportation industry. The company was founded by aviation professional Capt. Deepak Parasuraman, who has more than 25 years of experience in the aviation sector. AFCOM provides airport-to-airport cargo transportation services across domestic and international routes. Its portfolio includes General Cargo, Flying Fresh, Flying Pharma, Flying Priority, Fly Courier, Project Cargo, Dangerous Goods and High-Value Cargo.
Hindustan Petroleum Corporation Limited is a Government of India Maharatna Central Public Sector Enterprise and an integrated energy company. Its aviation business supplies fuel to Indian and international airlines, business aviation operators, defence customers and general aviation users across the country’s airport network.
