Noida Airport's First Phase Development costs around Rs 100.56 billion

31 Jan 2024 CW Team

The first phase of the airport, covering 1,300 hectares, is planned to commence flight operations by September. Goyal conducted a review meeting with officials from the developer Yamuna International Airport (YIAPL), a wholly-owned subsidiary of Zurich International Airport AG, the concessionaire for the greenfield airport.

According to a statement, Kumar Harsh, Director of UP Civil Aviation; Kiran Jain, Chief Operations Officer of Noida Airport; OSD Shailendra Bhatia; and Deputy Collector Abhay Singh were present during the meeting.

In the review, YIAPL informed the additional chief secretary that the terminal building, ATC tower, and runway are in progress through the EPC contractor Tata Projects, following the airport's development plan.

The concessionaire assured him that both machinery and workforce have been augmented at the airport site, and the construction will be completed as scheduled. Goyal directed the officials to ensure that the airport development adheres to the timeline, aiming for completion by September 2024.

OSD Bhatia, speaking to PTI, stated that an expenditure of Rs 100.56 billion is anticipated for the first phase of airport development. He further mentioned that around Rs 71 billion has already been spent, constituting more than 70 percent of the financial expenditures, which includes expenses related to land acquisition and development.

During its initial phase, the airport, assigned the code DXN, is expected to have one runway and a terminal building with the capacity to handle 12 million passengers annually.

The officials mentioned that the first phase of development for the upcoming international airport in Noida is estimated to cost Rs 100.56 billion. Currently, approximately Rs 71 billion has been expended on the project. S P Goyal, Additional Chief Secretary to the Uttar Pradesh Chief Minister, conducted a review of the progress of the international airport in Jewar. During the review, he instructed the relevant officials to ensure the completion of the work by September of this year. The first phase of the airport, covering 1,300 hectares, is planned to commence flight operations by September. Goyal conducted a review meeting with officials from the developer Yamuna International Airport (YIAPL), a wholly-owned subsidiary of Zurich International Airport AG, the concessionaire for the greenfield airport. According to a statement, Kumar Harsh, Director of UP Civil Aviation; Kiran Jain, Chief Operations Officer of Noida Airport; OSD Shailendra Bhatia; and Deputy Collector Abhay Singh were present during the meeting. In the review, YIAPL informed the additional chief secretary that the terminal building, ATC tower, and runway are in progress through the EPC contractor Tata Projects, following the airport's development plan. The concessionaire assured him that both machinery and workforce have been augmented at the airport site, and the construction will be completed as scheduled. Goyal directed the officials to ensure that the airport development adheres to the timeline, aiming for completion by September 2024. OSD Bhatia, speaking to PTI, stated that an expenditure of Rs 100.56 billion is anticipated for the first phase of airport development. He further mentioned that around Rs 71 billion has already been spent, constituting more than 70 percent of the financial expenditures, which includes expenses related to land acquisition and development. During its initial phase, the airport, assigned the code DXN, is expected to have one runway and a terminal building with the capacity to handle 12 million passengers annually.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..