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

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

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

Listed Developers' Pre-Sales Seen Rising 22.3 Per Cent in FY27

India's leading listed residential developers are expected to sustain strong sales momentum in FY27, with combined pre-sales of 11 major players projected to rise 22.3 per cent year-on-year, according to an analysis by ANAROCK Research & Advisory.Combined pre-sales of the developers are estimated to increase from Rs 1.49 trillion in FY26 to Rs 1.82 lakh crore in FY27. ANAROCK attributed the growth to sustained end-user demand, new project launches and strong execution despite higher property prices, construction costs and global uncertainties.Dr Prashant Thakur, Executive Director and Head..

Next Story
Infrastructure Urban

Balu Forge Q1 FY27 Profit Rises 15.9 Per Cent to Rs 661 Mn

Balu Forge Industries Ltd (BFIL) reported a 29 per cent year-on-year increase in revenue from operations to Rs 3,007 million for the quarter ended June 30, 2026, compared with Rs 2,332 million in Q1 FY26.The precision engineering and manufacturing company recorded EBITDA of Rs 848 million, up 17.3 per cent from Rs 723 million in the corresponding quarter last year. EBITDA margin stood at 28.2 per cent, compared with 31 per cent in Q1 FY26.Profit after tax increased 15.9 per cent YoY to Rs 661 million from Rs 570 million, while PAT margin stood at 21.7 per cent. Earnings per share rose 8.9 per ..

Next Story
Equipment

JCB Hydromax Sets Hydrogen Land Speed Record at 406.320 mph

British engineering major JCB has set a new world land speed record with its hydrogen-powered JCB Hydromax, achieving an average speed of 406.320 mph at the Bonneville Salt Flats in the US.The 32-foot, twin-engined vehicle recorded 400.623 mph on its first run and 412.135 mph on the return run. The two speeds produced the record average of 406.320 mph, making it the fastest hydrogen internal combustion vehicle to have travelled on land, according to JCB.Wing Commander Andy Green OBE drove the Hydromax during the record attempt. Under FIA regulations, the vehicle completed two runs in opposite ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement