The Noida Authority and the Greater Noida Authority have decided to release a total of Rs 18.12 billion for the establishment of the Noida International Airport. Both authorities respectively own 37.5 per cent and 12.5 per cent of the Greenfield airport, which is being built as a PPP project. Additionally, the Uttar Pradesh government owns 37.5 per cent of the project, with the Yamuna Expressway Authority owning the remaining 12.5 per cent. The decision to release funds was made at the board meetings.

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