MINISTER OF STATE FOR FINANCE (SHRI NAMO NARAIN MEENA)
(a) In DIAL, 26% shareholding is held by Airports Authority of India and 74% by Joint Venture Consortium of privates entities led by M/s GMR. Thus DIAL is a private entity and is not under the audit jurisdiction of C&AG. Agreements
entered with DIAL by both AAI and Ministry of Civil Aviation to the extent these affect AAI and Ministry are under
audit jurisdiction of C&AG .
(b) As per position brought out in (a) above the Performance Audit Report of C&AG on Implementation of Public
Private Partnership - Indira Gandhi International Airport, Delhi has been carried out and laid in the Parliament.
(c) Audit of Production Sharing Contracts of two hydrocarbon blocks (RJ-ON-90/1 and CB-OS-2) where Cairn Energy India Limited and ONGC Limited have participating interests, has been conducted on the request made by the Government of India. Follow-up audit of Production Sharing Contract of RJ-ON-90/1 block is in progress.
In addition, financial audit of expenditure incurred by ONGC to the extent of participating interest of the Company in the above mentioned two blocks is conducted by the CAG under section 619 of the Companies Act, 1956 while conducting audit of annual financial statements of ONGC,
(d) Does notarise in view of (a) and (b) above.