Mumbai/New Delhi: Air India Ltd owes nearly ₹3,000 crore in jet fuel dues to three state-run oil marketing companies, with payments in some cases delayed by several months, said two people with direct knowledge of the matter requesting anonymity.
The divestment-bound national carrier owes about ₹2,000 crore to Indian Oil Corp. Ltd (IOC), and a total of about ₹1,000 crore to Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), said one of the two people cited above and who is also a senior official with a state-run oil marketing company (OMC).
“We have however, been supplying fuel non-stop to the national carrier even during the pandemic,” the official said, adding that the OMCs have written to Air India to clear the dues amid rising global crude prices that has increased the cost of operations at state-run refiners.
