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GMR Infrastructure: Andhra HC allows GHIAL to collect tariff

On October 06, 2015, the High Court at Hyderabad has given/issued a ruling in favour of GMR Hyderabad International Airport Ltd (GHIAL) which will now enable Hyderabad airport to collect tariff as was earlier collected.

October 08, 2015 / 11:38 IST
     
     
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    GMR Infrastructure Ltd has informed BSE that pursuant to the policy direction by Ministry of Civil Aviation (MoCA) to adopt Hybrid Till with 30% cross subsidization for Hyderabad Airport and pending compliance, GHIAL had filed a writ petition with High Court at Hyderabad seeking approval to collect tariff/airport charges as was being collected prior to April 01, 2014.On October 06, 2015, the High Court at Hyderabad has given/issued a ruling in favour of GHIAL which will now enable Hyderabad airport to collect tariff as was earlier collected.Source : BSE

    Read all announcements in GMR Infra

    first published: Oct 8, 2015 11:38 am

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