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Pawan Hans pays dividend of Rs 8.92 cr
New Delhi: March 31, 2008
Pawan Hans paid Rs. 8.92 crores (interim
dividend for 79.5% equity held by Government of India) to
Minister of Civil Aviation, Praful Patel. The cheque was
presented by the CMD, Pawan Hans Helicopters Ltd R.K. Tyagi.
The operating profit increased from Rs.
2.78 crores in 2006-07 to Rs. 8.37 crores in 2007-08. While
the net profit after tax rose from Rs. 9.25 crores to Rs.
25.10 crores, the number of helicopters deployed rose from 21
to 24 and the fleet serviceability increased from 66% to 74%
in the same period. The revenue hours have also witnessed an
increase from 19290 to 21582 hours.
During the year 2007-08, 12 AS4 compliant
helicopters were offered to ONGC. The updation work of these
helicopters was taken up by the engineers and technicians of
PHHL. These 12 helicopters also included country's first full
time medical evacuation helicopter which have been offered in
an offshore configuration.
PHHL has already been identified as a
nodal agency for creation of heliports at Delhi and Mumbai.
Once these heliports are in place, both the metros will have a
great boost in helipad activities. The constructions of a
helipad at Fata and of a hangar at Gauchar in Uttranchal are
in full swing.
The company PHHL has recently concluded
MOU with IAF with the aim of induction of experienced pilots
of IAF while ensuring an exciting career to IAF pilots after
their illustrious contribution to the country through the IAF.
MOU on similar lines is also being worked out with the Indian
Navy.
Pawan Hans is also developing a concept
on hotline washing of the power lines so that the power
tripping in Northern India is minimized during winter months.
For this a MOU between PHHL and Power Grid Corporation is
under finalisation.
During the year PHHL continued providing
helicopter services to remote locations like Lakshadweep, A&N
Islands and the North-East states including Arunachal Pradesh,
Meghalaya, Sikkim and Tripura. PHHL continued its services to
Kedarnath and from the 3 April 2008, PHHL is starting services
from Katra to Vaishnodevi.
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