Prime Minister Narendra Modi will lay the foundation stone of the Noida International Airport (NIA) in Jewar, Gautam Buddha Nagar, Uttar Pradesh on November 25 at 1 pm
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
The new airport will be designed, developed and operated under a 40-year concession period and the Swiss firm will invest more than Rs 4,500 crore in it
Noida International Airport will cater to 30-50 mn passengers per year over the next 10-15 years