Monday, October 02, 2017

Mumbai airport fuel supplier seeks raise, airfares may rise

Mumbai: Fliers from Mumbai's Chhatrapati Shivaji International Airport (CSIA) are likely to see a rise in airfares as Mumbai Aviation Fuel Farm Facility Private Ltd (MAFFFPL), the company operating the aircraft fuel supply infrastructure, has sought an increase in charges.

The present fuel infrastructure charges (FIC) at the airport stands at Rs 710/kilolitre. The company has approached the regulator, Airport Economic Regulatory Authority (Aera), to increase it to Rs 882/kl for the control period till the end of March 2021.

A consultation paper has been issued in this regard by Aera, seeking comments and inputs from all the stakeholders by October 9.

MAFFFPL is building an integrated fuel farm facility on approximately 30,000 square metres with a static storage capacity of 47,500 kl of ATF. It will act as a single point of operation for all the partner oil companies at the site of the existing facilities of Indian Oil Corporation (IOC) and Hindustan Petroleum Corp Ltd (HPCL) near the domestic terminal 1A in Santacruz. The company claims it will help in improving the capacity of the operations.

MAFFFPL is a joint venture with IOC, Bharat Petroleum Corporation Ltd, HPCL and Mumbai International Airport Private Ltd (MIAL) holding an equal stake. MIAL is the operator of GVK-run CSIA.
02/10/17 Shahkar Abidi/DNA