Sunday, July 15, 2018

Govt for continuing airport UDF to fund KIA’s growth

Air passengers expecting a major relief from User Development Fees (UDF) levied by the Kempegowda International Airport (KIA) could be disappointed if the state government’s request to maintain the status quo is accepted.
At the consultation organised here recently by the Airports Economic Regulatory Authority of India (AERA), the government had contended that a tariff reduction at this stage would affect the KIA’s future expansion and growth.
The AERA, the government said, had excluded forthcoming airport projects worth Rs 1,212 crore while considering the capital expenditure for determination of aeronautical tariff.
It cited the expenditures on the eastern tunnel, a third entry proposed for the KIA, a 220kV substation and terminal upgrades.
15/07/18 Deccan Herald
To Read the News in full at Source, Click the Headline


Post a Comment