Airports Economic Regulatory Authority (AERA) has recently received proposals for review of Development Fee at IGI Airport, New Delhi and CSIA Airport Mumbai.
Currently, a Development Fee (DF) @ Rs. 200/- per departing domestic passenger and @ Rs 1300/- per departing international passenger at IGI airport, Delhi and @ Rs. 100/- per departing domestic passenger and @ Rs. 600/- per departing international passenger, inclusive of all applicable taxes at CSI airport, Mumbai is being collected.
UDF is a revenue enhancing measure to ensure economic viability of airport operations and in case of major airports is approved by Airports Economic Regulatory Authority (AERA) so as to ensure that the airport operator gets a fair return on the Regulatory Asset Base. However, DF is a pre-funding mechanism for the project and is approved by AERA in case of major airports in case of their inability to finance the project through other options.
The UDF and the DF in respect of the airports is levied on a case to case basis. There is no proposal for increase in UDF at Bangalore and Hyderabad Airport.
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