Hyderabad: The Airports Economic Regulatory Authority has turned down the Rajiv Gandhi International Airport operator GMR's proposal of levying User Development Fee (UDF) on arriving passengers here.
Airports regulator AERE rejected the move by GMR Hyderabad International Airport (GHIAL), a subsidiary of GMR Group, saying that it is against the concession agreement the airport operator had with the government.
"The authority has noted in para 23.92...That GHIAL's proposal of levying UDF on both departing and arriving passengers is at variance with the provisions of the Concession Agreement. The authority therefore has proposed to determine UDF only from the departing passengers as is indicated in the Concession Agreement," AERA said in its observation.
02/06/13 ZeeNews
To Read the News in full at Source, Click the Headline
Airports regulator AERE rejected the move by GMR Hyderabad International Airport (GHIAL), a subsidiary of GMR Group, saying that it is against the concession agreement the airport operator had with the government.
"The authority has noted in para 23.92...That GHIAL's proposal of levying UDF on both departing and arriving passengers is at variance with the provisions of the Concession Agreement. The authority therefore has proposed to determine UDF only from the departing passengers as is indicated in the Concession Agreement," AERA said in its observation.
02/06/13 ZeeNews
