The Bureau of Civil Aviation Security (BCAS) has given its clearance to the Noida International Airport to be developed in Jewar. The BCAS is the regulatory authority for civil aviation security in the country and comes under the ministry of civil aviation.
Noida International Airport has forwarded suggestions from the Director General of Civil Aviation and the Airports Authority of India (AAI) for minor changes to the airport master plan of Yamuna International Airport (YIAPL).
HDFC Bank has signed an agreement to provide a Rs.5 bn as a loan for the Jewar Airport project. The tenure of the loan is five years and it will be used for land acquisition and infrastructure development for the upcoming airport.
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.
After winning the bid to build the project recently, officials of Zurich Airport International on January 15 reportedly visited the project site and discussed the master plan with the brass of the Noida International Airport (NIAL). It is known that the Swiss company would soon apply to the Union ho..
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.