Flyers to pay extra for Mumbai Metro project

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Source:  http://www.business-standard.com/

Flyers from Mumbai will have to shell out extra with the Airport Economic Regulatory Authority (AERA) approving an additional development fee to fund the construction of  two metro rail stations near the Mumbai airport.

AERA has allowed Mumbai International Airport Limited (MIAL) to charge Rs 20 and Rs 120 from each departing domestic and international passenger, respectively. The additional charge will be clubbed with the existing development fee of Rs 100 (domestic) and Rs 600 (international) and will be collected from April 1 till March-end 2021. Thus, the new levy will be Rs 120 and Rs 720 (exclusive of tax) on each passenger.

MIAL expects to collect Rs 518 crore by way of additional fees to fund the construction of two stations, which will be part of the 33-km Colaba-Seepz Metro line being developed by Mumbai Metro Rail Corporation (MMRC). More info

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