Saturday, September 8, 2012

V Thulasidas, the managing director of Kannur International Airport Limited (KIAL) has resigned

V Thulasidas, the managing director of Kannur International Airport Limited (KIAL) has resigned from the post. He handed over the resignation to Minister K Babu, in charge of the airport.

The government had the other day cancelled the consultancy deal of the company. The controversies which broke out following the cancellation of the consultancy is the reason cited for the resignation.

V Thulasidas, the managing director of Kannur International Airport Limited (KIAL) has resigned from the post. He handed over the resignation to Minister K Babu, in charge of the airport.

. It is stated that he submitted the resignation owing to the news report related to the cancellation of consultancy contract of Kannur aiport. The government had the other day cancelled the consultancy deal of the company which was signed with Mumbai based Stup consultancy private limited when it was found that they have not fulfilled the contract conditions. Stup is a company which was included in the black list in Gujrath. But Stup hid this fact when they applied for tender. Later the truth was revealed so the pact was cancelled. The case related to the same is under the consideration of HC. The controversies which broke out following the cancellation of the consultancy is the reason cited for the resignation

What is KIAL?


KIAL is Kannur International Airport Limited is a public limited company set up by the Kerala government to build and operate the upcoming Kannur International Airport. was registered in December 2009 as a private limited company and converted into a public limited one in August 2010.

Once the land acquisition completed , it will be transferred to KIAL , which is implementing the airport project. The paid up capital of KIAL has been contributed by Kerala government 's public sector , Kerala Tourism Development Corporation (KTDC). Now the registered office of the company is at Thiruvananthapuram.

Kannur International Airport Ltd (KIAL) had invited Requests For Proposals for project consultancy

Kannur International Airport Ltd (KIAL) had invited Requests For Proposals
for project consultancy. Based on the proposals received, and after detailed
evaluation, the Board of Directors of the Company selected M/s STUP Consultants
Pvt. Ltd., (STUP) Mumbai, for providing the consultancy services for Kannur
Airport Project.

KIAL have signed agreement with M/s STUP Consultants Pvt. Ltd.,
Mumbai for project consultancy for Kannur Airport Project. M/s STUP have formed
a consortium with M/s Darashaw Pvt. Ltd., Mumbai for providing project
consultancy to KIAL. In addition, M/s STUP have also engaged experts from TERI,
New Delhi and Air Transport & Tourism Advisors India Pvt Ltd., New Delhi for
providing specialist services.

The scope of project consultancy covers:
  1. review of detailed project report and other plans already prepared;
  2. preparation of plans, designs, estimates, etc for both air side and city side facilities as well as equipment for the airport;
  3. assisting the Company in obtaining statutory clearances and approvals required from time to time;
  4. selection of EPC contractor and monitoring and supervision of all contracts as well as construction;
  5. coordination, monitoring, checking, testing and commissioning of the airport, and;
  6. preparation of financial analysis and business plan for the airport.

Earlier, KIAL had engaged Cochin International Airport Ltd (CIAL) for
preparation of detailed project report and design & estimate of the main runway.
The draft reports in this regard have been received and the final reports are expected
shortly.