GMR Infrastructure has informed that in relation to the company's subsidiary Delhi International Airport Limited (DIAL), the Airport Economic Regulated Authority of India (AERA) vide its order no.30/2018-19 dated November 19, 2018 in terms of concession granted to DIAL has recognized and confirmed DIAL's contractual right to Base Airport Charges (BAC) + 10% of BAC in any year of the concession term which acts as minimum floor tariff. Accordingly, AERA allowed DIAL to charge the rates equivalent to BAC+ 10% of BAC effective from 1st December 2018.
The above information is a part of company’s filings submitted to BSE.
Trending Stocks
Recommended Articles
