GMR Infrastructure Ltd has received a favourable order from the High Court at Hyderabad which has ruled that GMR Hyderabad International Airport Ltd can collect tariff as was being done in the past.
Pursuant to the policy direction by the Ministry of Civil Aviation (MoCA) to adopt Hybrid Till with 30 per cent cross subsidisation for Hyderabad airport and pending compliance, GHIAL had filed a writ petition with the High Court at Hyderabad seeking approval to collect tariff/airport charges as was being collected prior to April 1, 2014.
On October 6, 2015, the High Court at Hyderabad has issued a ruling in favour of GHIAL which will now enable Hyderabad airport to collect tariff as was earlier collected, GMR Infrastructure Ltd has informed the BSE.
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