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).
FlashNews:
Officials Gear Up for Full Operationalisation of Western Dedicated Freight Corridor
Transition to Bioenergy Requires Cohesive Effort Across Entire Value Chain: Naik
Air India, Singapore Airlines Ink Cooperation Framework to Deepen Partnership
Manohar Lal Flags Off Countdown to Global Bharat Electricity Summit 2026 in March
Project Kaundinya: India, Oman Must Collaborate on Green Shipping Corridor, Says Sonowal
Project Kaundinya: OneWeb Connectivity Powers Indian Navy’s Historic INSV Kaundinya Voyage
Project Kaundinya: INSV Kaundinya Voyage Revives India‑Oman 5,000-Year-Old Maritime Legacy
CII Suggests Mandates and Incentives to Drive India’s Green Hydrogen Economy
India’s Construction Equipment Demand Falls 9%, Exports Surge Amid Revival Prospects
Coal and the Grid: Why India Still Needs Baseload Power
RVNL to Build 200-Wagon POH Workshop in Odisha Under ₹2.01 Billion EPC Contract
NHAI Launches Internship Programme to Build Highway Talent Nationwide
Powerplay Rolls Out Procurement-Linked Credit to Unlock Contractor Cash Flows
IREDA Earns ‘Excellent’ MoU Rating for Fifth Year, Cementing Role in Clean Energy Financing
Inox Clean Energy Secures ₹31 Billion Equity at ₹500 Billion Valuation
Centre’s ₹2.35 Billion Port Push in Tamil Nadu, Sonowal Flags Maritime-Led Growth
Indian Railways to Roll Out 52 Reforms in 52 Weeks; Targets Single-Digit Accidents by FY2027
India Stays the Course as Combative Trump Exits International Solar Alliance
Energy Security, Investment and Decarbonisation to Take Centrestage at India Energy Week 2026
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
Leave a Reply
You must be logged in to post a comment.