Association of Private Airport Operators(APAO - AERA
Association of Private Airport Operators(APAO - AERA
Association of Private Airport Operators(APAO - AERA
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List <strong>of</strong> Abbreviations<br />
<strong>Association</strong> <strong>of</strong><strong>Private</strong> <strong>Airport</strong> <strong>Operators</strong><br />
Response to <strong>AERA</strong> 's Consultation Paper No. 32/2011-12 dt. 03 Jail 2012 011<br />
determination <strong>of</strong>Aeronautical Tatitt'lu resoect <strong>of</strong>IGI Airoort. Nell' Delhi<br />
Term Description<br />
AAI <strong>Airport</strong>s Authority <strong>of</strong> India<br />
ACI <strong>Airport</strong>s Council International<br />
<strong>AERA</strong> <strong>Airport</strong>s Economic Regulatory Authority <strong>of</strong> India<br />
AS Accounting Standard<br />
ATM Air Traffic Movements<br />
Capex Capital Expenditure<br />
CAPM Capital Asset Pricing Model<br />
CGD City Gas Distribution<br />
Consultation Paper Consultation paper issued by <strong>AERA</strong> on Determination <strong>of</strong> Aeronautical<br />
Tariff in respect <strong>of</strong> IGI <strong>Airport</strong>, New Delhi for the Ist Regulatory period<br />
(1.4.2009 - 31.03.2014)<br />
CWIP Construction Work in Progress<br />
DERC Delhi Electricity Regulatory Commission<br />
DEL DeJhi<br />
DIE Debt Equity<br />
OF Development Fee<br />
DIAL Delhi International <strong>Airport</strong> <strong>Private</strong> Limited<br />
DGCA Directorate General <strong>of</strong> Civil Aviation<br />
FRoR Fair Rate <strong>of</strong> Return<br />
HRAB Hypothetical Regulatory Asset Base<br />
ICAO International Civil Aviation Organisation<br />
IDC Interest during construction<br />
IGI <strong>Airport</strong> I IGIA Indira Gandhi International <strong>Airport</strong>, New Delhi<br />
MoCA Ministry <strong>of</strong> Civil Aviation<br />
mppa Million passengers per annum<br />
MYTP Multi Year Tariff Proposal<br />
NIPFP National Institute <strong>of</strong> Public Finance and Policy<br />
NPV Net Present Value<br />
NTA Non Transfer Asset<br />
OMDA Operation, Management and Development Agreement<br />
OSC Operation Support Cost<br />
OSP Operation Support Period<br />
PNGRB Petroleum and Natural Gas Regulatory<br />
RAB Regulatory Asset Base<br />
RoCE Return on Capital Employed<br />
RoE Return on Equity<br />
RSD Refundable Security Deposit<br />
SSA State Support Agreement<br />
Tariff Guidelines Terms and Conditions for Determination <strong>of</strong> Tariff for <strong>Airport</strong> <strong>Operators</strong><br />
Guidelines, 20 II<br />
TAMP Tariff Authority <strong>of</strong> Major Ports<br />
The Act The <strong>Airport</strong>s Economic Regulatory Authority <strong>of</strong> India Act, 2008<br />
UDr User Development Fee<br />
VRS Voluntary Retirement Scheme<br />
WACC Weighted Average Cost <strong>of</strong> Capital<br />
X Factor Tariff escalation factor<br />
y-o-y Year on year<br />
291h February 2012<br />
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