Noida Airport's First Phase Development To Cost Rs 10,056 Crore; Approx 70% Already Spent

The initial stage of the forthcoming international airport in Noida is anticipated to require a budget of Rs 10,056 crore, with approximately Rs 7,100 crore already utilised, as per officials. On Monday, S P Goyal, Additional Chief Secretary to the Chief Minister of Uttar Pradesh, scrutinised the advancements of the Jewar International Airport and urged relevant authorities to ensure project completion by September this year. 

The inaugural phase of the airport spread across 1,300 hectares, is slated to commence flight operations by September. Goyal conducted a review meeting with representatives from the developer, Yamuna International Airport Private (YIAPL), a wholly-owned subsidiary of Zurich International Airport AG and the concessionaire for the greenfield airport. 

The meeting included Kumar Harsh, Director of UP Civil Aviation; Kiran Jain, Chief Operations Officer of Noida Airport; OSD Shailendra Bhatia; and Deputy Collector Abhay Singh, as outlined in an official statement. 

"During the review, the additional chief secretary was apprised by YIAPL that the construction of the terminal building, ATC tower, and runway is underway by the EPC contractor Tata Projects by the airport's development plan," stated the release. 

"The concessionaire conveyed that resources and manpower have been augmented at the airport site, assuring that the construction will be completed on schedule. He instructed officials to ensure timely completion of the airport development according to the September 2024 milestone," it further mentioned. 

OSD Bhatia informed PTI that the first phase of the airport's development would incur an expenditure of Rs 10,056 crore. "Approximately Rs 7,100 crore has already been spent, representing over 70 per cent of the financial outlay, covering aspects such as land acquisition and development," stated Bhatia, who also serves as the additional CEO of the Yamuna Expressway Authority. 

In its initial phase, the airport, assigned the code DXN, will feature a single runway and a terminal building capable of handling 12 million passengers annually, according to official sources.