Hyderabad: The Ministry of Civil Aviation has directed Airport Economic Regulatory Authority to adopt a hybrid till with 30 per cent cross subsidisation for the determination of tariff for GMR Hyderabad International Airport Limited.
GMR Hyderabad International Airport Limited (GHIAL) is a subsidiary of GMR Infrastructure Limited. The Rajiv Gandhi International Airport located at Shamshabad near Hyderabad has been built by GHIAL.
In a statement to BSE, GMR Infrastructure Ltd has informed that the Ministry of Civil Aviation (MoCA) has directed Airport Economic Regulatory Authority (AERA) under AERA Act, 2008 to adopt a Hybrid Till with 30 per cent cross subsidisation for the tariff determination of GMR Hyderabad International Airport Limited (GHIAL).
11/06/15 Business Line
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GMR Hyderabad International Airport Limited (GHIAL) is a subsidiary of GMR Infrastructure Limited. The Rajiv Gandhi International Airport located at Shamshabad near Hyderabad has been built by GHIAL.
In a statement to BSE, GMR Infrastructure Ltd has informed that the Ministry of Civil Aviation (MoCA) has directed Airport Economic Regulatory Authority (AERA) under AERA Act, 2008 to adopt a Hybrid Till with 30 per cent cross subsidisation for the tariff determination of GMR Hyderabad International Airport Limited (GHIAL).
11/06/15 Business Line