[New Delhi] 64% Share Holder GMR Reluctant to Share info with 26% Owne AAI on DIAL Accounts For Audit
As DIAL completes ten years of operating the international airport here, majority stakeholder GMR remains reluctant to share certain financial information about the joint venture sought by the Airports Authority of India for audit purpose.
Diversified GMR group holds 64 per cent stake in Delhi International Airport (P) Ltd (DIAL) while Mini-ratna Public Sector Undertaking AAI has 26 per cent ownership and the rest is with Germany’s airport operator
As per Sources ,GMR has been showing reluctance to share certain documents related to the accounts of DIAL with AAI even after a year of the government informing GMR of a CAG audit of the AAI revenue of DIAL.
According to them, AAI has sought various documents, including those pertaining to DIAL’s internal audit, for a proposed (Comptroller and Auditor General) audit of the former’s accounts.
As part of the JV agreement, the government-run airport operator is entitled to a 46 per cent share in the revenue of DIAL.
A set of detailed queries sent to GMR spokesperson, Sidharath Kapur President and CFO-Airports at GMR Group and DIAL Chief Executive Officer Prabhakara Rao on April 27, on whether it has refused to share the internal audit report of DIAL remained unanswered.
The query on whether GMR has refused to share with AAI documents related to the joint venture’s various subsidiaries also did not elicit any response.
Earlier , a DIAL spokesperson had responded to queries related to possible audit of DIAL accounts by CAG.
On whether GMR has provided all the documents as requested for the CAG audit, the spokesperson said AAI has not asked for any documents from DIAL for the audit.
Interestingly, on February 25, the government informed the Lok Sabha that AAI has sought documents from its joint venture partners — GMR and GVK — for a CAG audit of the books of accounts of the Delhi and Mumbai airports.
“AAI has appointed CAG as its representative to scrutinise the books of accounts of Delhi International Airport (DIAL) and Mumbai International Airport Limited (MIAL) to ensure that due government share is accruing to AAI,” Minister of State for Civil Aviation Mahesh Sharma had said in a written reply.
Tag: DIAL
64% Share Holder GMR Reluctant to Share info with 26% Owner AAI on JV DIAL
Airlines Asked To Utilize All 96 Check In Counters At IGI Airport
[New Delhi]Airlines Asked To Utilize All 96 Check In Counters At IGI Airport At present only 58 counters are being Utilized .
To Ease Out Congestion At IGI A Airlines Are Asked To Utilize All 96 Check In Counters
Presently Airlines are utilizing 58 check-in counters against the 96 available counters which is leading to longer queue. To ease out check-in congestion, airlines asked to utilize all available check-in counters
Apart From this DIAL will start trials for self-bag drop machines by 01.10.2015 also
The Secretary, Ministry of Civil Aviation (MoCA), R. N. Choubey visited Terminal 1 D on 26.08.2015 and reviewed proposed action plan to address the issue of congestion at Terminal 1 D of Indira Gandhi International Airport (IGIA), Delhi. During the review meeting, officers from CISF, BCAS and senior management of DIAL were present.
The following specific action plan alongwith timeline were also specified:
DIAL will increase the width of the terminal entry gate to allow deployment of two CISF personnel at each gate on the pattern of T3 instead of 1 CISF personnel deployed presently leading to long queues. DIAL shall complete this work by 30.09.2015 and CISF will increase their staff strength;
DIAL has increased number of x-ray machines from 16 to 18 and number of frisking booths from 32 to 36. To reduce the waiting time at the security screening, CISF will deploy additional manpower by 15.09.2015 at all x-ray machines and frisking booths;
To facilitate speedy screening of hand baggage, DIAL will place the orders for specialised trays by 31.08.2015;
To improve the passenger convenience at boarding gates, flap gates to be introduced by 07.10.2015;
To improve passenger convenience at boarding gate area DIAL will increase boarding gate area from the current 1787 sqm to 3574 sqm. by 28.02.2016 and number of boarding gates from 15 to 20.
Inter terminal transfer (T1C-T1D) on airside to be made operational by 15.09.2015. CISF to deploy additional manpower.
With the above measures congestion at Terminal 1D is expected to ease out. Secretary will review the progress after a month’s time. Secretary emphasized for better coordination among all stakeholders including government agencies to achieve the end goal of passenger friendly environment.
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