Business Standard

Noida International Airport: Uttar Pradesh's crown jewel set to take off

Zurich Airport is investing Rs 5,700 cr in Phase I. It has tied up Rs 3,725 crore in debt from State Bank of India

Work on Noida airport to begin in few weeks as per plan despite Covid: CEO
Premium

Noida Airport

Aneesh Phadnis
Capacity: Phase I to have a single runway and passenger handling capacity of 12 mn passengers a year

Date of opening: Expected to be operational in 2024
Area: Spread over 1,334 hectares (ha), the airport is being developed as a public-private partnership between the UP government and Zurich Airport

Cost

Zurich Airport is investing Rs 5,700 cr in Phase I. It has tied up Rs 3,725 crore in debt from State Bank of India

Civil Aviation Secy Rajiv Bansal pegged the airport Phase I project cost at Rs 8,916 cr. The UP government is spending Rs 4,326 cr on land acquisition, rehabilitation, and settlement, he

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 25 2021 | 11:33 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com