'Delhi airport tariffs to be same till Tribunal's decision'

GMR Infrastructure today said the charges for Delhi airport will remain unchanged until the Tribunal, AERAAT, takes a final view on an appeal against tariffs for the First Control Period.
"With the (Delhi) High Court order, tariff at Delhi Airport will remain at current levels till the time DIAL's appeal is decided upon by AERAAT (Airports Economic Regulatory Authority Appellate Tribunal)," the company said in a filing to the exchanges.
The High Court order, dated January 22, 2015, had issued directions that the current aeronautical tariffs for DIAL determined for the First Control Period remain in effect until appeal against AERA tariff determination is disposed of by AERAAT, the company said.

Airports Economic Regulatory Authority (AERA) has accordingly extended the tariff order for First Control Period in line with the High Court order, it said.
The first 5-year tariff fixation period for Delhi airport ends on March 31.
AERA has proposed a 78.4 per cent reduction in airport charges at the Indira Gandhi International Airport here, applicable from February 1, according to a consultation paper circulated by it late last month.

AERA, however, said the implementation of the proposal will be done once the Delhi International Airport Ltd (DIAL) submits fresh rate slabs for its approval.
DIAL is a joint venture between the Airports Authority of India (AAI) and GMR group with 26 per cent and 74 per cent holding, respectively.

AERA's final determination of the aeronautical tariffs for the Second Control Period will be subjected to the completion of the consultative process, GMR Infra said.
The process will include consideration of responses to AERA's consultation paper from DIAL and other stakeholders, it added.