UP government begins acquiring land for Noida airport phase-II

08 Jul 2024 CW Team

The district administration has initiated the physical acquisition of land for the second phase of the Noida International Airport, which includes the planned maintenance, repair, and overhaul (MRO) hub and aviation hub.

For this phase, the administration is set to acquire 1,365 acres of land. Out of this, 1,181.3 hectares will come from the villages of Karauli Bangar, Dayanatpur, Kuraib, Ranhera, Mudharh, and Beerampur, with a projected cost of Rs 48.98 billion. The remaining land is already owned by the government.

So far, the administration has taken possession of 237 hectares out of the 1,181 hectares designated for acquisition across six villages. Land has been acquired from three villages: Birampur (54.6 out of 57.6 hectares), Dayanatpur (145 out of 148 hectares), and Mudharh (37 out of 48 hectares).

District Magistrate Manish Kumar Verma stated that the process of taking possession in the remaining villages is ongoing, with compensation distribution nearing its final stages. He mentioned that they are taking possession of land where all necessary procedures have been completed.

The state government issued a notification to acquire land for the second phase on November 18, 2022, and the distribution of compensation began in July last year. In addition, the resettlement and rehabilitation (R&R) process is underway to relocate farmers from three villages. Approximately 13,000 families affected by the land acquisition for the second phase will be resettled in Falaida Bangar and Modalpur, requiring 212 hectares of land. Farmers from Ranhera, Kuraib, and Karauli Bangar villages will be entirely displaced.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..