PAC seeks details of DIAL's revenue

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Press Trust of India New Delhi
Last Updated : Mar 08 2017 | 5:48 PM IST
A parliamentary panel has sought details of revenue earned by Delhi airport operator DIAL since the privatisation of the facility as it observed that government is "losing heavily".
The Public Accounts Committee (PAC) headed by Congress MP K V Thomas has directed the Civil Aviation Ministry to provide the details of the total earnings of DIAL and revenue earned by the government in terms of its approved shares.
Delhi International Airport Ltd (DIAL) is a joint venture in which GMR group holds 64 per cent while Airports Authority of India (AAI) has 26 per cent. The rest 10 per cent shares are with Fraport AG.
At a meeting at Delhi International Airport, the PAC members observed that government is "losing heavily" in the joint venture firm DIAL and asked the Ministry officials to submit its revenue details, a source privy to information said.
During the meeting, Thomas said that this information will enable the PAC to decide whether public interest was substantially served or not, the source added.
Raising concerns about commercial encroachment, the PAC members observed that the space for passengers was shrinking at the country's busiest airport, said a source.
Commercial establishments have been given more space than it was stipulated in the Operations, Management and Development Agreement (OMDA) between Airports Authority of India and DIAL.
The meeting was attended by officials from Civil Aviation Ministry, DGCA, AAI, CISF and DIAL among others.
During the meeting the CISF DG informed the panel that there was not much space available at the airport for carrying out security drills.

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First Published: Mar 08 2017 | 5:48 PM IST

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