The Central and state governments should obtain requisite clearances and acquire all land before signing the concession agreement with a private company to build a greenfield airport, said Noida International Airport CEO Christoph Schnellmann on Tuesday.
After winning in a competitive bidding process, Zurich Airport International had on October 7, 2020, signed a concession agreement with the Uttar Pradesh government to build the Noida international airport near Jewar, at an estimated cost of Rs 29,560 crore.
In July 2021, the state government handed over 1,334 hectares of land to the Swiss firm for phase-1 construction. The airport will start handling