Swiss-based Zurich Airport International AG to develop Jewar airport

30 Nov 2019 CW Staff

As reports reveal, four bidders, namely, Anchorage Infrastructure Investments Holding, Adani Enterprises, Delhi International Airport and Zurich Airport International AG, had bid for the project, but it is Zurich that has bagged the contract.

As reported, financial bids were opened before representatives of bidders at the Noida International Airport (NIAL) office and the bidder was selected on the basis of highest bid as per Premium per Passenger (PAX). Anchorage Infrastructure Investments Holdings’s bid was Rs 205, Adani Enterprises’s Rs 360, Delhi International Airport’s Rs 351 but Zurich Airport International AG quoted the highest bid of Rs 400.97 PAX (as in the news).

Further, going by reports, it has been known that Zurich Airport International AG will be put up before PMIC (Project Monitoring and Implementation Committee) on December 2.

5,100 acre (2,063 hectare) has been acquired for the airport project and the environmental clearance has been obtained for what is slated to be one of the biggest airports in Asia.

Zurich Airport International has been reported quoted from a statement saying that it would develop and operate the new Noida International Airport at Jewar in Uttar Pradesh under a 40-year concession. The capital investment in the first phase of the project is expected to be about $650 million during the construction period of nearly four years. The first phase is expected to be able to accommodate around 12 million passengers per year.

About 5,100 hectare was earlier identified for the project by Yamuna Expressway Industrial Development Authority (YEIDA). Of this, 240 hectare is known to be owned by the Uttar Pradesh Government, with the rest belonging to private individuals. About 1,327 hectare has been acquired by YEIDA for construction of terminal buildings and runways.

Jewar airport will be developed on the PPP model. Going by reports, the plan is to build a two-runway airport by 2022-23 and further in future have it extended to a 7,200-acre six-runway airport.

Outbidding Indian companies such as DIAL and Adani, Zurich Airport International AG has reportedly been awarded the contract to design, develop and operate the international airport at Jewar in Gautam Buddha Nagar in Noida.As reports reveal, four bidders, namely, Anchorage Infrastructure Investments Holding, Adani Enterprises, Delhi International Airport and Zurich Airport International AG, had bid for the project, but it is Zurich that has bagged the contract.As reported, financial bids were opened before representatives of bidders at the Noida International Airport (NIAL) office and the bidder was selected on the basis of highest bid as per Premium per Passenger (PAX). Anchorage Infrastructure Investments Holdings’s bid was Rs 205, Adani Enterprises’s Rs 360, Delhi International Airport’s Rs 351 but Zurich Airport International AG quoted the highest bid of Rs 400.97 PAX (as in the news).Further, going by reports, it has been known that Zurich Airport International AG will be put up before PMIC (Project Monitoring and Implementation Committee) on December 2.5,100 acre (2,063 hectare) has been acquired for the airport project and the environmental clearance has been obtained for what is slated to be one of the biggest airports in Asia.Zurich Airport International has been reported quoted from a statement saying that it would develop and operate the new Noida International Airport at Jewar in Uttar Pradesh under a 40-year concession. The capital investment in the first phase of the project is expected to be about $650 million during the construction period of nearly four years. The first phase is expected to be able to accommodate around 12 million passengers per year.About 5,100 hectare was earlier identified for the project by Yamuna Expressway Industrial Development Authority (YEIDA). Of this, 240 hectare is known to be owned by the Uttar Pradesh Government, with the rest belonging to private individuals. About 1,327 hectare has been acquired by YEIDA for construction of terminal buildings and runways.Jewar airport will be developed on the PPP model. Going by reports, the plan is to build a two-runway airport by 2022-23 and further in future have it extended to a 7,200-acre six-runway airport.

Infrastructure Transport

10 Oct 2025

Modi Launches Rs 318.5 Billion Projects in Maharashtra

Prime Minister Narendra Modi on Wednesday launched infrastructure projects worth Rs 318.5 billion during his two-day visit to Maharashtra, including two landmark developments — the first phase of the Rs 196.5 billion Navi Mumbai International Airport (NMIA) and the second phase of the Rs 122 billion Mumbai Metro Line 3. India’s first fully digitised airport, NMIA, has been designed for multimodal connectivity and is being developed under a public-private partnership between Adani Airport Holdings, which holds a 74 per cent stake, and the City and Industrial Development Corporation of Maha..

Real Estate

10 Oct 2025

Tata Housing Sells Rs 10 Billion Homes in Bengaluru

Real estate developer Tata Housing on Wednesday announced that it has achieved home sales worth over Rs 10 billion in its newly launched residential project in Bengaluru, driven by strong demand. In a statement, the company said Tata Housing Varnam Phase I — part of the 135-acre integrated township Carnatica in North Bengaluru — has surpassed Rs 10 billion in sales since its launch in August 2025. Spread across 20 acres, Varnam Phase I has recorded sales of 377 units out of 582 apartments, along with 48 townhouses and row houses. The project has attracted substantial interest from both e..

Infrastructure Transport

10 Oct 2025

OMRON to Train 1,000 Graduates Annually at Bengaluru Centre

Japanese industrial automation giant OMRON announced on Wednesday that it will train and skill 1,000 fresh engineering graduates annually at its newly launched Automation Centre in Bengaluru. The initiative aims to enhance India’s employable manufacturing talent and build a resilient, future-ready industrial ecosystem. Motohiro Yamanishi, President of the Industrial Automation Company at OMRON Corporation, said, “We see immense potential in the dynamism of India’s manufacturing sector. The new Automation Centre underscores India’s vital role in our global and Asia-Pacific vision. It i..