Concession Agreement Jewar Airport

After the signing of the agreement, Arun Vir Singh, head of NIAL, said: “This is a historic day when we signed an agreement with Zurich. As the agreement will be signed today, we look forward to working together to have the project completed on schedule. According to Schnellmann, Phase 1 of the 2023/27 airport will start with a runway and power 12 million passengers per year. “After the Covid 19 pandemic, we will soon be setting up our office along the Yamuna Highway. If all goes according to plan, the project will be completed by 2023,” Schnellmann said. Dr. Arun Vir Singh, Chief Executive Officer, Noida International Airport Limited (NIAL) said: “We are pleased to sign the concession agreement with Yamuna International Airport Private Limited (YIAPL) to begin work at Noida International Airport. This first-class airport will not only connect the up-west region to other national and international destinations, but also provide additional capacity to the Delhi NCR region. Together, we look forward to the construction of India`s first airport, which boasts quality, efficiency, technology and sustainability. We are very excited to start working, while progressing with the vision of designing a first class facility.

“ii.The airport is located 70 km from Delhi, 40 km from Noida and 130 km from Agra. The agreement was signed by Christoph Schnellmann, Chief Executive Officer of Yamuna International Airport Private Limited (YIAPL) and Arun Vir Singh, CEO of Noida International Airport Limited (NIAL), in the presence of SP Goyal, another head of UP`s civil aviation department. Greater Noida Authority CEO Narendra Bhooshan, NOida Ritu Maheshwari`s CEO and UP`s Head of Civil Aviation, Surendra Singh, were also present at the event held at the NIAL office in the Omega 1 sector of Greater Noida. Other senior Zurich International executives attended the online event. iv.The airport is open on 1334 hectares of land and the State Government has reserved an additional 5,000 hectares for the extension of the airport. Daniel Bircher, Chief Executive Officer, Zurich Airport International (Asia), said: “The signing of the concession agreement is an important step in the development of Noida International Airport. Once Phase I is completed in 2024, we will provide a capacity of 12 million passengers per year. This agreement grants Zurich International Airport the licence to design, build and operate NIA for a period of forty years. The project is estimated at 29,560 kronor. Last November, Zurich Airport International AG (ZAIA) was commissioned to build and operate Greater Noida Airport for a period of 40 years.

The concession agreement grants Zurich International Airport the licence to design, build and operate Noida International Airport for a period of 40 years. The airport is being developed as a public-private partnership (PPP) and is expected to open in 2024. NIA, according to its developers, Indian culture and hospitality will merge with Swiss technology and efficiency. On 19 May, the Swiss company obtained the necessary security clearance from the Ministry of the Interior, paving the way for the singing of the concession contract. The NIA, which is due to open in 2024, will merge Indian culture and hospitality with Swiss technology and efficiency. India`s Green Prairie Airport will provide fast and efficient processes and excellent value for passengers, airlines and partners. ZAI was granted the right to build and manage Jewar Airport in November 2019. It received the offer because it agreed to pay Noida International Airport Limited (NIAL) 400.97 Euros per passenger.

Adani Enterprises Limited listed with 360 euros us and Delhi International Airport Limited with 351 euros. Noida International Airport or Jewar Airport will be developed as a public-private partnership (PPP). Operations at the airport are expected to begin in 2024. Noida International Airport will combine Indian culture and hospitality with Swiss technology and efficiency.