‘Govt steps in’: Centre backs flyers in SC fight; Delhi, Mumbai operators face Rs 50,000cr hit
The Indian government will back the Airports Economic Regulatory Authority of India (AERA) in a Supreme Court battle against Delhi and Mumbai airport operators. The case concerns a Rs 50,000-crore claim for hypothetical regulatory asset base, which could lead to significant hikes in passenger charges if awarded to the operators.
The Indian government will back the Airports Economic Regulatory Authority of India (AERA) in a Supreme Court battle against Delhi and Mumbai airport operators. The case concerns a Rs 50,000-crore claim for hypothetical regulatory asset base, which could lead to significant hikes in passenger charges if awarded to the operators.
