Home » MIAL eyes development fee to fund two metro stations

MIAL eyes development fee to fund two metro stations

Infrastructure Finance
December 1, 2015December 1, 2015
MIAL eyes development fee to fund two metro stations
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Mumbai International Airport Limited (MIAL) has approached the Airports Economic Regulatory Authority (AERA) with a plea to levy a development fee of Rs.50 per embarking domestic passenger and Rs.100 per embarking international passenger. The money is required for the development of two metro rail stations – T-I and T-II – which will be part of the proposed 33.5-km Colaba SEEPZ Metro III being developed by the Mumbai Metro Rail Corporation (MMRC).

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