In a recent announcement, Civil Aviation Ministry said that the Uttar Pradesh Government is likely to complete the land acquisition process for Jewar Airport in next 2 months. Speaking to the reporters, Civil Aviation Secretary R N Choubey, said, “The Uttar Pradesh government has assured that the process of getting land will be completed in two months’ time and that the bids for PPP (Public Private Partnership) will be invited in October.”
The Council of Ministers in UP cabinet gave the approval to float a joint venture company for the construction of Jewar airport which is proposed to be constructed in Jewar near Bulandshahr city.
This thumbs-up from the Uttar Pradesh cabinet is believed to be the final go-ahead in the entire subject matter. According to the Officials, the Joint Venture Company named Noida International Airport Limited is formed with the inclusion of three civic authorities that are Noida Authority, Greater Noida Industrial Development Authority [GNIDA] and Yamuna Expressway Industrial Development Authority [YEIDA]. The UP State Government also holds stake in this Joint Venture Company apart from these authorities.
The Uttar Pradesh Government in a recent meeting said that Rs 4,000 crore will be spent towards land acquisition for the Noida international Greenfield airport at Jewar. The meeting which took place on Wednesday was attended by officials of state civil aviation department, and Noida, Greater Noida Authority and Yamuna Expressway Industrial Development Authority (YEIDA).
After the meeting, a statement was released by the state government officials, which said, “Out of Rs 4000 crore, Rs 1500 crore will be made available by budget allocated to state civil aviation department, while another Rs 1500 crore will be provided by Noida. An amount of Rs 500 crore each shall be shared by Greater Noida Authority and Yamuna Expressway Industrial Development Authority (YEIDA) respectively.”
In a recently held meeting between the state government officials, it has been decided that the foundation-laying ceremony of the project would be performed before Diwali this year and both Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath will attend the ceremony.
Giving more details about the foundation ceremony, state govt officials said, “The airport project received in-principle approval from the Centre on April 23. The foundation-laying ceremony is likely to be performed towards October-end as Diwali falls in the first week of November.”