AAI to infuse more equity


The Airports Authority of India (AAI) will invest around INR 410 crore at Mumbai and New Delhi airports.

Delhi airport

Ajit Singh, Minister for Civil Aviation in India is yet to decide on the final numbers. The Mumbai airport operator is expected to receive INR295 crore and the Delhi airport will receive INR115 crore, stated a Mint report.

Recently, Singh asked the AAI to do away with airport development fee (ADF) from 1 January 2013.

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