PM Modi lays the foundation stone of the Noida International Airport, Jewar

JEWAR: PM Narendra Modi on Thursday afternoon laid the foundation stone of the Noida International Airport, Jewar in Uttar Pradesh.

This international airport will be India’s largest and the fourth largest in the world. Once completed, it will also be the “first net-zero emissions airport” in the country.

Being developed by Zurich International Airport AG at an estimated cost of Rs 29,560 crore, the Noida International Airport, Jewar is spread across 1,330 acres of land with a capacity to hold approx. 1.2 crore passengers annually.

It is expected that the airport will begin its operations by September 2024 and the project will be a great employment booster as it will create more than one lakh job opportunities, according to the government of Uttar Pradesh.

Chief Minister of Uttar Pradesh, Yogi Adityanath hailed the airport project as “monumental” for the NCR and Western UP residents. Civil Aviation Minister Jyotiraditya Scindia also said that the airport will become one of the largest airports in Asia. He also highlighted that the airport will be the logistics gateway of northern India. And with its scale and capacity, it will turn out to be a “gamechanger” for Uttar Pradesh.

Phase I of the aerodrome will cost more than Rs 10,050 crore and will have a capacity to serve at least 12 million passengers per year. It is created with an intention to share the congestion at the national capital’s Indira Gandhi International (IGI) airport.

Located about 72 km from the existing IGI Airport in New Delhi, the Noida International Airport, Jewar is 40 km from Noida and about 40 km from the multi-modal logistics hub at Dadri. The residents in Noida and Greater Noida can easily access the airport and it is also an alternative for residents in New Delhi and Gurgaon and other cities like Agra, Aligarh, Meerut, Bulandshahr, Faridabad, Ghaziabad and Mathura.

Moreover, the airport will be linked to the planned Delhi-Varanasi high speed rail, which will shorten the journey between Delhi and the airport to only 21 minutes, said the official release.

Share holding in the airport

Noida International Airport Limited is a joint venture that was incorporated as a government organisation in which the government of Uttar Pradesh holds 35% share, Noida Authority also has 35%, Yamuna Expressway Industrial Authority has 12.5%, while Greater Noida Industrial Authority has 12.5% share holding.

The history and project Construction 

The project was first proposed in 2001 during Rajnath Singh’s tenure as the UP’s chief minister. In 2010, the proposal of Taj Aviation Hub under then chief minister Mayawati did not make any progress. The SP government between 2012 and 2016, took forward the idea of Noida International Airport, Jewar. It was in 2017, the government obtained the site clearance for the airport. The Zurich International Airport AG had won the bid in November 2019 following which a concessionaire agreement was signed with the state government.  

The construction of the airport will be implemented by the Yamuna Expressway Industrial Development Authority (YEIDA) through a public-private partnership model (PPP). According to the proposed plan, a two runway airport will be built by 2024 and will further be expanded to a 7,200 acres six-runway airport.

What more to look forward to in this airport

Conceptualised with an integrated multi-modal cargo hub for the very first time, the Noida International Airport, Jewar focuses on reducing the total cost and time for logistics. The airport with its cargo terminal will have 20 lakh metric tonnes of capacity that will be expanded to the capacity of 80 lakh metric tonnes.

For easy and comfortable convenience of passengers, the airport will also feature a Ground Transportation Centre that will have a multi-modal transit hub, including metro and high-speed rail stations, taxi and bus services and private parking.

This airport with six runaways will be India’s largest and among the four largest airports in the world. With eight and seven runways respectively, the Chicago–O’Hare and the Dallas/Fort Worth are larger airports in the world. Other existing airports with six runways are Detroit, Boston, Amsterdam and Denver. As of September 2019, the Indira Gandhi International Airport, with three runways, has the highest number of runways of any airport in India.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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