Govt to back air passengers in SC against Delhi, Mumbai airport operators in Rs 50,000 crore suit
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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 leaGovt to back air passengers in SC against Delhi, Mumbai airport operators in Rs 50,000 crore suit
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. Read more
