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.”
During the first phase, about 1,441 hectares of land has to be acquired. The airport is expected to start its operation in 2022-23.
Officials also said that YEIDA is in the process of preparing bid document for selection of the concessionaire, and the process is likely to commence by July-end.
On May 29, in order to fast-track the work of Jewar International Airport, the UP Government signed MoU with Yamuna Expressway Industrial Development Authority (YEIDA), Noida and Greater Noida Industrial Development Authorities. With this pact, YEIDA will kick-start the process of land acquisition.
Earlier, YEIDA and district administration have also met with a section of farmers taking the first step towards land acquisition. A public hearing was done with the farmers of Ranhra village. This was done on the basis of a social impact assessment report prepared by a team from Gautam Buddha University.
As per the TEFR prepared by PricewaterCoopers (PwC), once the airport will start its operation, it is expected to cater 60 lakh passengers which will gradually increase to 10 crores by 2050.