Noida international airport plans to raise Rs 3,725 crore in term loans

The upcoming Noida International Airport (NIA) at Jewar in the National Capital Region (NCR) plans to raise up to Rs 3,725 crore in term loans as part of the debt portion for expenditure including capex.
 
The estimated project cost of Phase I of the airport is Rs  5,730 crore and is funded in a debt-equity ratio of 65:35.
 
Yamuna International Airport (YIAPL), with Zurich Airport International AG’s (ZAIA) as a sponsor, will set up the airport on a build, operate, and transfer basis. The company’s equity requirement over FY22-FY26 is Rs 2,005 crore, which needs to be entirely