YIAPL CEO Christoph Schnelmann said that the upcoming Noida International Airport in Uttar Pradesh’s Jewar and Delhi-NCR’s second international airport will be ready by September 2024, if the recovery from the COVID-19 pandemic continues. The airport is being developed in Public-Private Partnership (PPP) mode by the UP government along with YIAPL. The first phase of the Noida International Airport (NIA) will be completed by the end of 2024 with one runway and a capacity to handle 12 million passengers annually, the top project official said.
The first phase of the greenfield project is underway and will cost over Rs 5,700 crore to complete, the official said, adding that the impact of inflation in the project cost is already being noticed by Yamuna International Airport Pvt Ltd (YIAPL). Already happened. Zurich International Airport AG, a 100% subsidiary of the Swiss concessionaire.
“We are all aware of the impact of the pandemic on all of us over the past two years. One thing I would like to highlight is that teams have embraced digital technologies to come to terms with the impact of the pandemic. I am proud of it. ,” Schnellman said.
Also read: US to register nearly 5,000 in-flight attacks on cabin crew in 2021
Another report, citing Schnellman, said that the design of the terminals of the Noida airport will be inspired by the heritage of Uttar Pradesh and will include many elements of temples and havelis to give it a local touch.
Once the airport reaches 80 per cent of the 12 million passenger mark, the NIA will start the second phase of the project with a similar terminal building that is capable of handling 18 million passengers. “We estimate that the first phase of the airport will cost Rs 5,730 crore. Rs 29,560 crore or Rs 30,000 crore is an estimate for the entire project (to be developed in four phases). We also received funding for the first phase We have included inflation in those projections,” Schnelmann said.
“Till date, we have received about 98.5 per cent of the project land, and as you mentioned about 16 hectares is mainly around the periphery of the site which is yet to be acquired,” he said. However, given that these stretches of land are on the periphery, there is nothing that can derail the development of the first phase of the airport, he said.
(with inputs from PTI)
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