New Delhi: The Airports Economic Regulatory Authority (AERA) has proposed a 78.4 per cent reduction in airport charges at the Indira Gandhi International Airport here, applicable from February 1, according to a consultation paper circulated by the tariff regulator.
AERA, however, said the implementation of the proposal will be done once the Delhi International Airport Ltd (DIAL) submits fresh rate slabs for its approval.
DIAL is a joint venture between the Airports Authority and GMR group with 26 per cent and 74 per cent holding, respectively.
"The Authority notes that DIAL has proposed an X factor of negative (-) 42.6 per cent in its revised submission... whereas the Authority has worked out an X factor of (+) 78.24 per cent. Accordingly, the Authority finds that the existing aeronautical tariffs at IGI Airport, Delhi, will need to be reduced by such an extent," the paper said.
05/02/15 PTI/Economic Times
AERA, however, said the implementation of the proposal will be done once the Delhi International Airport Ltd (DIAL) submits fresh rate slabs for its approval.
DIAL is a joint venture between the Airports Authority and GMR group with 26 per cent and 74 per cent holding, respectively.
"The Authority notes that DIAL has proposed an X factor of negative (-) 42.6 per cent in its revised submission... whereas the Authority has worked out an X factor of (+) 78.24 per cent. Accordingly, the Authority finds that the existing aeronautical tariffs at IGI Airport, Delhi, will need to be reduced by such an extent," the paper said.
05/02/15 PTI/Economic Times
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