Formation of A.P. Drones Corporation


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GOVERNMENT OF ANDHRA PRADESH
A B S T R A C T
Energy, I & I Department – Formation of A.P. Drones Corporation – Orders – Issued.
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ENERGY, INFRASTRUCTURE AND INVESTMENT (AIRPORTS) DEPARTMENT
G.O.MS.No. 2 Dated: 12-02-2018
 Read
From the Managing Director, APSFL, Vijayawada, Lr.No. APSFL/AP Drones
Corporation/2017/01, Dt.27.11.2017.

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O R D E R
 Drone has become an important tool - not just as a social tool which can change
local governance but also as a commercial activity for a large estimated market demand.
Drones can be operated in two ways either by manual intervention or by autonomous
mode. It is the only tool which can be deployed immediately due to their fast data
gathering capability. It also has the capability to cover the large area in a short span with
less human intervention compare to conventional methods. This helps decision makers to
take quick decisions related to various issues.

2. Keeping in view the potential of drones, the Govt. of Andhra Pradesh intends to
expand the utilization of drones in various sectors such as police, mining, municipal
administration & urban development, agriculture & allied sectors, disaster management,
survey, tourism, project/asset monitoring etc for monitoring, capturing images & videos at
high resolution, generation of 2D maps, 3D models, point cloud model etc.

3. The Managing Director, APSFL in the letter read above has stated that in 9th
Meeting of the Board of Directors of APSFL, it was resolved that for the reasons and
justification, the Board has accorded approval for incorporating the Subsidiary company
of A.P.Drones Corporation. The following are the features of the A.P. Drones Corporation.

i) Name: The name of the subsidiary company is “A.P. Drones Corporation” or
such other name as approved by the Registrar of Companies.

ii) Type of Company: Will be formed as a Private Limited Company.

iii) Registered Office: The Registered office will be situated at 3rd Floor, NTR
Administrative Block, Pandit Nehru Bus Station, Vijayawada – 520001, Andhra
Pradesh.

iv) Authorised & Paid-Up Capital: The initial authorized capital Rs.1,00,000/-
divided into 10,000 equity shares of Rs.10/- each. The authorized capital will
be increased based on the requirement as and when the Board of APFSL
approves.

v) Subscribers to the Memorandum: The initial subscribers to the Memorandum
are APSFL and Managing Director, APSFL. For the purpose of incorporation, one
share will be held by the MD, APSFL as a beneficial owner.

4. In pursuance of the above resolution, the Managing Director, APSFL while
submitting the draft proposal along with features, organisation structure and revenue
generation activities of the Drones Corporation, has requested for approval for formation
of A.P. Drones Corporation as a Subsidiary of Andhra Pradesh State FiberNet Limited and
also approval of Draft Memorandum of Association and Articles of Association.

5. Government after careful examination of the proposal of the Managing Director,
APSFL hereby order on the following:

a. Accord permission for formation of AP Drones Corporation as a Subsidiary of Andhra
Pradesh State FiberNet Limited

b. Accord approval for Draft Memorandum of Association and Articles of Association.

c. Accord approval for recruitment of staff strength proposed by Managing Director,
APSFL with a condition that no permanent recruitment would be done to fill up the
posts. Persons would be taken either from other Government Departments
/Corporations on deputation or from the open market purely on contractual basis
for a limited tenure. The Board of Directors is authorized to fill up the posts and fix
their remuneration duly following the detailed guidelines issued in G.O.Ms.No.89,
Finance Dept., dt.16.07.2015 and other Rules/Guidelines issued by Finance
Department.

d. To constitute the Board of Directors with the following:
i) Managing Director, APSFL - Chairman & MD
ii) Addl.Secy/Jt. Secy/Dy. Secy of E, I & I Dept. – Director
iii) Addl.Secy/Jt. Secy/Dy. Secy of Finance Dept. – Director
iv) Representative from Home Dept. - Director

v) CEO (to be recruited from the Open Market) - Director

6. The Managing Director, APSFL shall take further necessary action in the matter.

7. This order issues with the concurrence of Finance Department vide their
U.O.No.44027/343/2017-FMU-I,E,M, Dated 31.01.2018.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
 AJAY JAIN
PRINCIPAL SECRETARY TO GOVERNMENT

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