Saturday, January 30, 2016

Fliers from Mumbai will now have to fund Metro III project

Amidst opposition by several stakeholders, the airport regulatory authority on Friday ordered the levying of additional Development Fee (DF) on passengers departing from Mumbai airport in order to fund the Rs518-crore Metro III project connecting the airport with South Mumbai.
The development will make flying expensive from Chhatrapati Shivaji International Airport (CSIA) as passengers flying on domestic and international flights will be charged Rs120 and Rs720, respectively, from April as against the earlier Rs100 and Rs600, said an order signed by Joy Kuriakose, deputy chief, Airport Economic Regulatory Authority (AERA).
"After following the due process, AERA, in consultation with the stakeholders, approved the proposal to fund two Metro stations — one at the domestic terminal and the other at the international one. While fliers will bear the DF, MIAL will finance the construction of the Sahar Road station from their non-passenger revenue," said a statement released by the Mumbai Metro Rail Corporation (MMRC) Limited on Friday. "It will give a boost to the larger project for speedier implementation," said Ashwini Bhide, MMRC managing director.
30/01/16 Shahkar Abidi/Ateeq Shaikh/Daily News & Analysis
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