Bharat Petroleum Corporation (BPCL) has been forced to suspend supply of jet fuel to Air India and Alliance Air flights at six airports from the evening of August 22, 2019 due to mounting outstanding dues from the airline and their ramifications for their working capital requirements.
The decision to stop fuel supply to Air India from six airports, i.e., Kochi, Mohali, Pune, Ranchi, Patna and Visakhapatnam, was taken in the wake of long overdue payments. This includes the interest accrued on the outstanding dues.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.