Noida and Greater Noida to invest Rs 18,12 bn in international airport
AVIATION & AIRPORTS

Noida and Greater Noida to invest Rs 18,12 bn in international airport

The Noida Authority has decided to release Rs 13.59 bn and the Greater Noida Authority has decided to release Rs 4.53 bn for the establishment of the Noida International Airport.

The Noida Authority and the Greater Noida Authority each own 37.5 per cent and 12.5 per cent of the Greenfield airport, which is being built as a public-private partnership project.

Aside from them, the Uttar Pradesh government owns 37.5 per cent of the project, with the Yamuna Expressway Authority owning the remaining 12.5 per cent.

The decision to release funds was made at the board meetings of the Noida Authority and the Greater Noida Authority.

Arvind Kumar, Commissioner, Uttar Pradesh - Infrastructure and Industrial Development, presided over the meetings, which were attended by Ritu Maheshwari, the CEO of both authorities.

Also read:
Northern Railway issues tenders for redevelopment of Kashi station
Kempegowda International Airport pays a tribute to the Garden City

The Noida Authority has decided to release Rs 13.59 bn and the Greater Noida Authority has decided to release Rs 4.53 bn for the establishment of the Noida International Airport. The Noida Authority and the Greater Noida Authority each own 37.5 per cent and 12.5 per cent of the Greenfield airport, which is being built as a public-private partnership project. Aside from them, the Uttar Pradesh government owns 37.5 per cent of the project, with the Yamuna Expressway Authority owning the remaining 12.5 per cent. The decision to release funds was made at the board meetings of the Noida Authority and the Greater Noida Authority. Arvind Kumar, Commissioner, Uttar Pradesh - Infrastructure and Industrial Development, presided over the meetings, which were attended by Ritu Maheshwari, the CEO of both authorities. Also read: Northern Railway issues tenders for redevelopment of Kashi station Kempegowda International Airport pays a tribute to the Garden City

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 86574 75330

Join us Telegram

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back