Thursday, August 09, 2012

May raise loan for Mumbai airport

Hyderabad: GVK Power and Infrastructure Ltd may raise loan from banks to meet costs at the Mumbai International Airport Ltd (MIAL) if the airport regulator does not allow it pass on additional costs to passengers by December.
The company has been demanding the Airports Economic Regulatory Authority (Aera) to be allowed to charge additional airport development fee and aero-charges to complete the airport modernisation.
09/08/12 KV Ramana/Daily News & Analysis
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