The contract to build the planned Noida International Airport in Greater Noida's Jewar in Uttar Pradesh has been awarded to Tata Projects, the Tata Group's infrastructure and construction business. Yamuna International Airport Private Limited (YIAPL), a wholly owned subsidiary of Swiss developer Zurich Airport International AG and a Special Purpose Vehicle for the building of Noida International Airport, revealed the announcement.
In 2019, Zurich Airport International AG was awarded the contract to develop Noida International Airport. The Uttar Pradesh government signed a concession deal with YIAPL on October 7, 2020, to begin the development of the international airport in Noida. Noida International Airport will be India's largest airport once it is completed.If you are preparing for competitive exams and looking for expert guidance, you can download our General Knowledge Free Ebook Download Now.
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Source: Safalta.com
In 2019, Zurich Airport International AG was awarded the contract to develop Noida International Airport. The Uttar Pradesh government signed a concession deal with YIAPL on October 7, 2020, to begin the development of the international airport in Noida. Noida International Airport will be India's largest airport once it is completed.If you are preparing for competitive exams and looking for expert guidance, you can download our General Knowledge Free Ebook Download Now.
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What will the Tata Group build as India's busiest airport?
The construction of Noida International Airport has been assigned to the Tata Group. The business will build India's largest airport's runway, terminals, airside infrastructure, utilities, roadways, landslide facilities, and other auxiliary buildings.
Why was the Tata Group chosen to build the airport?
The engineering, procurement, and construction of Noida International Airport have been awarded to Tata Projects by Yamuna International Airport Private Limited.
Tata Projects was chosen from a shortlist of three teams with proven competence in large infrastructure project procurement, design, and construction.
Yamuna International Airport Private Limited and Tata Projects will collaborate closely to complete the airport on time. The organization will use cutting-edge technology in its construction while also adhering to the greatest quality, safety, and sustainability standards.
Tata Projects was chosen from a shortlist of three teams with proven competence in large infrastructure project procurement, design, and construction.
Yamuna International Airport Private Limited and Tata Projects will collaborate closely to complete the airport on time. The organization will use cutting-edge technology in its construction while also adhering to the greatest quality, safety, and sustainability standards.
What is the situation of India's busiest airport right now?
The greenfield facility, which spans 1,334 hectares, would open with a single runway in the first phase, capable of handling 12 million passengers per year and costing Rs. 5,700 crores.
According to current plans, India's largest airport will be operational by 2024.
The first phase of the airport is on target to be completed within three years of the concession term beginning, thanks to the completion of the Engineering, Procurement, and Construction contract.
With the recent award of this contract, the Noida airport project moves into the next phase, which will see a significant rise in the pace of work.
By 2024, YIAPL and Tata Projects will work jointly to build a passenger terminal, runway, and other airport infrastructure with a 12 million passenger capacity.
According to current plans, India's largest airport will be operational by 2024.
The first phase of the airport is on target to be completed within three years of the concession term beginning, thanks to the completion of the Engineering, Procurement, and Construction contract.
With the recent award of this contract, the Noida airport project moves into the next phase, which will see a significant rise in the pace of work.
By 2024, YIAPL and Tata Projects will work jointly to build a passenger terminal, runway, and other airport infrastructure with a 12 million passenger capacity.
Other notable initiatives of the Tata Group
The Mumbai Trans-Harbour Link, the New Parliament Building, and metro-rail lines in several cities are among Tata Group's other projects.
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