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.

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