Noida International Airport

"Our business case is based on the premise of growth. It is in our interest and everyone else to see growth in domestic and international traffic," he said

The company aims to manage the airport for the entire duration of the concession, which is set to last for the next 40 years

The Noida Authority has decided to release Rs 1,359 crore and the Greater Noida Authority Rs 453 crore for establishment of the Noida International Airport, according to official statements. The Noida Authority and the Greater Noida Authority are 37.5 per cent and 12.5 per cent shareholders, respectively, in the Greenfield airport being built as a public-private partnership project. Besides them, the Uttar Pradesh government holds a 37.5 per cent stake in the project while the Yamuna Expressway Authority has another 12.5 per cent share in it. The decision for the release of funds were taken during the board meetings of the Noida Authority and the Greater Noida on Wednesday. Uttar Pradesh Infrastructure and Industrial Development Commissioner Arvind Kumar had chaired the meetings in presence of Ritu Maheshwari, the CEO of both the authorities. "For the establishment of the Noida International Airport, it was decided by the Noida Authority to give the balance due amount of Rs ...

The big challenge comes from the Delhi Airport, whose traffic base is very high and whose user fees will be much low than Noida airport

The survey for acquisition of land for the second phase of the upcoming Noida International Airport (NIA) is expected to begin in two weeks from now, according to officials. Currently, construction work is underway for the first phase of the Greenfield airport in Jewar in Gautam Buddh Nagar as the Uttar Pradesh government recently gave its go ahead for land acquisition for the second phase, they said. The second phase of the NIA is planned in an area of 1,365 hectare, of which around 1,185 hectare is owned by private persons, including farmers, of six villages -- Ranhera, Kureb, Dayanatpur, Karauli Bangar, Mundrah, and Birampur , an official said. The land is being acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Consent of landowners has been taken already after which the proposal for land acquisition was sent to the government. The proposal has been accepted. Now the survey is expected to begin in the n

UP govt currently acquiring 1,181 hectares for phase-2 work on the Noida airport in Jewar, which will be built in four phases over 4,752 hectares. Some villagers had earlier opposed land acquisition

Even as the first phase is underway, the authorities have already started the initial groundwork of land acquisition for the second phase.

Betters SP Group, L&T on quality and cost-based selection criteria

Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at Noida International Airport

Tata Projects is executing critical road, rail, and metro projects in the country. It has also been selected for the construction of the new parliament building in Delhi

The many fortunes riding on Noida's Jewar airport

PM Modi recently laid the foundation stone of the Noida International Airport. Touted to be Asia's largest, it has the fortunes of Switzerland-capital Zurich linked to it. Let us understand how

Zurich Airport is investing Rs 5,700 cr in Phase I. It has tied up Rs 3,725 crore in debt from State Bank of India

Business Standard brings you the top stories on Thursday

The greenfield airport, spread over 1334 hectares, is being developed as a public private partnership between the Uttar Pradesh government and Zurich Airport

The Yogi Adityanath government in Uttar Pradesh has allocated Rs 3,301 crore for the rehabilitation of people displaced due to the ongoing construction of the Jewar airport

Prime Minister Narendra Modi will lay the foundation stone of the Noida International Airport (NIA) in Jewar, Gautam Buddha Nagar, Uttar Pradesh on Thursday at 1 pm

Prime Minister Narendra Modi will lay the foundation stone of the Noida International Airport (NIA) in Jewar, Gautam Buddha Nagar, Uttar Pradesh on November 25 at 1 pm

The estimated project cost of Phase I of the airport is Rs 5,730 crore and is funded in a debt-equity ratio of 65:35

The new airport will be designed, developed and operated under a 40-year concession period and the Swiss firm will invest more than Rs 4,500 crore in it

Noida International Airport will cater to 30-50 mn passengers per year over the next 10-15 years