Jewar International Airport master plan gets govt nod

02 Sep 2021 CW Team

Zurich Airport International AG's 100% subsidiary Yamuna International Airport Private Limited (YIAPL) has been incorporated as a special purpose vehicle (SPV) to develop the greenfield Noida International Airport (NIA).

The master plan's approval took place in collaboration with Landrum and Brown and Zurich Airport International.

It was acquired from the Airport Authority of India (AAI), Bureau of Civil Aviation Security (BCAS), Noida International Airport Limited (NIAL), Directorate General of Civil Aviation (DGCA), and additional significant environmental authorities.

The master plan outlines the strategic direction for the NIA development from the opening day, expected in FY2024-25, to the end of the 40-year authorisation period.

Earlier in August, YIAPL accomplished financial closure for the airport project. Originally the master plan made provisions for two runways, but the Uttar Pradesh government wants to extend this up to five runway airports.

The master plan also includes a four-phased development of the airport project, along with phase one witnessing 12 million passenger capacity yearly and phase four seeing 70 million passenger capacity annually.

Christoph Schnellmann, Chief Executive Officer YIAPL, said that the master plan shows the goals and purposes by giving solutions that are financially reasonable and cost-effective while maintaining passenger convenience.

Image Source

Also read: Jewar International Airport construction kicks off

Also read: Noida International Airport survey to begin soon

Infrastructure Transport

17 Sep 2025

BHEL Secures Rs 228.7 Million Order for KAVACH Train Safety System

State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) announced on Friday that it has secured an order worth Rs 228.7 million to supply and install KAVACH equipment, an automatic train protection system, for Indian Railways’ South Western Railway zone.According to a regulatory filing, BHEL received the Letter of Intent on 11 September 2025 for the design, development, supply, installation, trial, and commissioning of on-board KAVACH equipment in locomotives, as well as trackside KAVACH installations at stations, level crossings, intermediate block sections, and automatic block sig..

Gwalior Railway Station Redevelopment Set for Swift Completion

Union Minister Jyotiraditya Scindia visited the under-construction Gwalior Railway Station on Sunday, a key modernisation project, and instructed officials to expedite its completion.During his site visit, the Minister inspected construction materials and design elements, emphasising the use of high-quality stone flooring that reflects Gwalior’s rich culture and heritage. He stressed that quality should not be compromised.“Redevelopment of Gwalior Railway Station is not just about modernising the structure but also providing world-class facilities to passengers. The development will reflec..

RBI Buys 4.16-Acre Nariman Point Land for Rs 34.72bn

In one of the largest real estate transactions in recent years, the Reserve Bank of India (RBI) has acquired a 4.16-acre land parcel at Nariman Point, Mumbai, from the Mumbai Metro Rail Corporation (MMRC) for Rs 34.72 billion. The deal, registered on 5 September, attracted a stamp duty of Rs 2.08 billion, according to CRE Matrix, a real estate data analytics firm.The prime property, located near the backbay reclamation area, lies in the heart of Nariman Point—one of Mumbai’s most prestigious commercial districts. Flanked by Marine Drive, Mantralaya, consulates, and landmark office towers, ..