The Noida International Airport and Zurich Airport International AG on October 7, 2020, signed a concession agreement that would allow the Switzerland headquartered company to build and operate the Noida International Airport at Jewar for 40 years.
As a final go-ahead, keeping in mind the recommendations and bid offerings, the Uttar Pradesh Government has given its approval to the proposal that allows ZAI to construct and operate the upcoming airport.
Outbidding Indian companies such as DIAL and Adani, Zurich Airport International AG has reportedly been awarded the contract
The bidding process for the Greater Noida Airport has drawn the attention of the state-run Airports Authority of India (AAI) as well as that of the GNR group. The two entities are running the Delhi Airport in a joint venture and are now likely to bid against each other for the upcoming airport in No..