Yamuna International Airport Private Limited (YIAPL), the concessionaire for the upcoming Noida International Airport has chosen Tata Projects Ltd to undertake the engineering, procurement, and development (EPC) of the brand new Greenfield airport developing at Jewar.
The mandate
As a part of the settlement, Tata Projects will assemble the terminal, runway, airside infrastructure, roads, utilities, landside services and different ancillary buildings at Noida International Airport.
“Together with Tata Projects, we’re working to deliver a passenger terminal, runway, and other airport infrastructure with a capacity of 12 million passengers annually, by 2024. We are aiming to enable, promote and strengthen all-inclusive sustainable development of aviation ecosystem in India. Noida International Airport will bolster employment generation and economic growth in the state as well as the country,” mentioned Christoph Schnellmann, Chief Executive Officer, YIAPL.
YIAPL is a 100% subsidiary of Zurich Airport International AG, which has been integrated as a Special Purpose Vehicle to develop the greenfield Noida International Airport at Jewar. The Government of Uttar Pradesh signed the concession settlement with YIAPL on October 7, 2020, to begin the event of the Noida International Airport (NIA) at Jewar. The firm is answerable for implementing the Public-Private Partnership undertaking along with the Government of Uttar Pradesh, New Okhla Industrial Development Authority, and Greater Noida Industrial Development Authority.
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Other initiatives
For Tata Projects, whereas that is the primary main undertaking being undertaken on the airports facet, the corporate is enterprise initiatives together with the New Parliament Building, Mumbai Trans-Harbour Link, a number of stretches of Dedicated Freight Corridors, and Metro Rail Lines throughout varied cities together with Mumbai, Pune, Delhi, Lucknow, Ahmedabad, and Chennai.
Currently, a lot of India’s non-public airport enlargement is being undertaken by Larsen & Toubro’s arm L&T Construction, which has construct Delhi’s Terminal-3, Mumbai’s Terminal-2, the Kannur International Airport, along with doing airport enlargement works in varied cities like New Delhi, Bengaluru, Chennai, Hyderabad. The firm can also be obtained the contract to construct the Greenfield airport at Navi Mumbai.