Noida Airport Gets Half of UP's Civil Aviation Budget
AVIATION & AIRPORTS

Noida Airport Gets Half of UP's Civil Aviation Budget

The Uttar Pradesh government has allocated nearly 50% of its civil aviation budget to the development of Noida International Airport in Jewar. Out of the total Rs 31.52 billion budget, Rs 15.5 billion has been earmarked for land acquisition, rehabilitation, and resettlement for the airport, which is set for commercial launch in April 2025. An additional Rs 500 million is proposed for ongoing construction activities. For the airport’s second phase, 1,365 hectares have already been acquired, while the first phase — featuring a 3,900-meter runway, ATC, cargo area, and a terminal designed to handle 12 million passengers annually — is nearing completion. The third and fourth phases will require 2,053 hectares, mostly from private farmland. Beyond Noida Airport, the state is investing Rs 11 billion in expanding airports in Varanasi, Aligarh, Shravasti, and Gorakhpur. Varanasi’s LBS International Airport will get an extended runway of 4,075 meters, with NH-31 passing through a tunnel underneath — the first such infrastructure in India. UP currently has 16 operational airports, up from just four in 2017. The government has also allocated Rs 900 million for air service improvements and Rs 200 million for the Regional Connectivity Scheme to make air travel more accessible in underserved areas. (english.mathrubhumi)

The Uttar Pradesh government has allocated nearly 50% of its civil aviation budget to the development of Noida International Airport in Jewar. Out of the total Rs 31.52 billion budget, Rs 15.5 billion has been earmarked for land acquisition, rehabilitation, and resettlement for the airport, which is set for commercial launch in April 2025. An additional Rs 500 million is proposed for ongoing construction activities. For the airport’s second phase, 1,365 hectares have already been acquired, while the first phase — featuring a 3,900-meter runway, ATC, cargo area, and a terminal designed to handle 12 million passengers annually — is nearing completion. The third and fourth phases will require 2,053 hectares, mostly from private farmland. Beyond Noida Airport, the state is investing Rs 11 billion in expanding airports in Varanasi, Aligarh, Shravasti, and Gorakhpur. Varanasi’s LBS International Airport will get an extended runway of 4,075 meters, with NH-31 passing through a tunnel underneath — the first such infrastructure in India. UP currently has 16 operational airports, up from just four in 2017. The government has also allocated Rs 900 million for air service improvements and Rs 200 million for the Regional Connectivity Scheme to make air travel more accessible in underserved areas. (english.mathrubhumi)

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement