GMR Wins Big: Tribunal Quashes AERA’s HRAB Math, Orders Fresh Tariff Recalculation

Unknown Apr 02, 2026 950 Views

In a major regulatory win for GMR Airports Ltd, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has quashed the Airports Economic Regulatory Authority’s (AERA) calculation of the Hypothetical Regulatory Asset Base (HRAB) for Mumbai International Airport. The tribunal has dire...