GMR Airports Limited announced that its subsidiary, Delhi International Airport Limited (DIAL), has won an appeal against the tariff order set by the Airports Economic Regulatory Authority of India (AERA). The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) ruled in favor of DIAL on all counts. This decision, which impacts aeronautical tariffs for Indira Gandhi International Airport, is expected to be implemented by AERA within three months.
DIAL Secures Favorable Ruling in Tariff Dispute
GMR Airports Limited has informed stakeholders that its subsidiary, Delhi International Airport Limited (DIAL), has achieved a significant victory in its appeal before the Telecom Disputes Settlement and Appellate Tribunal (TDSAT). The appeal concerned the aeronautical tariff order for the Indira Gandhi International Airport, determined by the Airports Economic Regulatory Authority of India (AERA) for the fourth control period (April 1, 2024, to March 31, 2029).
TDSAT Rules in Favor of DIAL
The TDSAT has issued a judgment that allows all issues raised in DIAL’s appeal, including the non-implementation of a previous TDSAT order, in favor of the airport operator. This favorable outcome is a crucial development for DIAL’s revenue and operational planning.
Implementation and Next Steps
As per the announcement, the Airports Economic Regulatory Authority of India (AERA) is mandated to implement this judgment within three months from the date of the ruling, unless the judgment itself is appealed by AERA. The detailed order is publicly accessible via a provided link for further reference.
Source: BSE
