Jewar Greater Noida Greenfield International Airport

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Deployment of 5000 additional workers at Noida international airport to complete the first phase of the project within the prescribed timelines

Christoph Schnellmann, CEO of the Noida International Airport informed on Thursday (10/11/2022) that approx 5000 additional workers will be deployed to speed up the work of Noida International Airport. The focus is to complete the first phase of the project within the prescribed timelines.

Till now, work is going on as per the schedule, and 1300 workers are engaged for the work at the site. It is expected that the airport will be functional by end of 2024. The airport will cater to 12 million passengers in a year after the completion of the first phase.

Prime Minister Narendra Modi laid the foundation stone on 25 November 2021 at Noida International Airport. PM Modi says in his speech that Noida International Airport will have direct connectivity to a dedicated freight corridor, and the airport will be a logistic gateway.

Prime Minister Modi also congratulates the people of Uttar Pradesh on the groundbreaking ceremony.

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The Zurich Airport International agreement with Uttar Pradesh Government’s entity Noida International Airport Limited commenced its development work from 01/10/2021.

Noida International Airport Limited (NIAL) has provided the license for forty years to Zurich Airport International for the development of Noida International Airport.

It is expected that the flights from Noida International Airport will start on September 30, 2024.

Work on boundary wall around Noida International Airport project is underway.

Preparatory work of leveling the land for the construction of boundary wall around Noida international airport started on 23 August 2021.

In the first phase, the Uttar Pradesh government handed over 1334 hectares of land to Yamuna International Airport private Limited for the construction of the airport.

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Yamuna International Airport Private Limited secures the financing of Rs.3,725 Crore from the State Bank of India for the development of the upcoming Noida International Airport.

The loan will be repaid over twenty years with one-year moratorium post completion of the project.

It is a crucial step towards the development of the Jewar Noida International Airport.

Such amount of funding in Greenfield airport validated the viability of this project.

Chief Minister of Uttar Pradesh Yogi Adityanath sanctioned the handing over of 1334 hectares of land to Noida International Airport Limited under a ninety years land lease agreement in a virtual ceremony on July 17, 2021.

A shareholder agreement was also signed among Yamuna International Airport Private Limited, Zurich Airport International AG, and Noida International Airport Limited.

Yamuna International Airport Private Limited, the 100% subsidiary of concessionaire Zurich Airport International while Noida International Airport Limited has been set up to coordinate between state government departments as part of project execution.

The location of the airport is selected to serve the need of a large population living in the National capital region. Noida International Greenfield Airport is  36 km away from Bulandshahr, 70 Km from Noida, 60 Km from Ghaziabad, 65 Km from Aligargh and Gurgaon. The location of Yamuna Expressway will connect all the national and international tourists to the city Taj Mahal, Agra, the birthplace of Lord Krishna, Mathura, and the temple of Bankey Bihari Vrindavan. 

Noida Greenfield International Airport will be one of the largest airports comprising six runways spreading over 5,000 hectares. Noida Greenfield International Airport will be developed through Public-Private Partnership Model in four phases. 

In the first phase, two runways will be developed with the capacity of handling 70 million passengers per annum.

Noida Greenfield International Airport is proposed to be connected to Noida Metro via the Greater Noida route and the Delhi Metro via the Faridabad-Ballabhgarh-Palwal-Jewar route.

Noida Greenfield International Airport will benefit the real estate sector of Noida & Greater Noida enormously, especially when the real estate has hit due to the pandemic and economic slowdown over the years. The development of infrastructure in the form of a new airport will revive the key areas here.

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