My Account Menu

CAPA Login

Register to trial CAPA Membership!

GMR and GVK may appeal single till regulation of Indian airport revenues


Indian infrastructure giants GMR and GVK are considering appealing the Airport Economic Regulatory Authority's (AERA) recent order to regulate airport revenues, according to a report in the Economic Times.

AERA passed an order last month that airport operator's revenues will be regulated on the basis of the single till approach. GMR and GVK operate Delhi and Mumbai airports, respectively. GMR stated the model would make it "very cautious" in bidding for any new airport projects in the country, including Navi Mumbai. See related report: Navi Mumbai Airport finally receives environmental approval

GMR Infrastructure's shares rose 1.2% yesterday.

Selected airport daily share price movements (% change): 07-Feb-2011


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.