Jewar airport: UP govt approves Rs 894.53 cr for rehabilitation of affected families

Post-Lok Sabha elections, work related to Jewar airport in Greater Noida has once again gained momentum, as the Uttar Pradesh government on Tuesday approved Rs 894.53 crore for rehabilitation and resettlement of families to be affected or displaced by the project, said a Hindustan Times report, adding that May 30 onwards, the state government will start the process to hire a developer for the airport. Notably, the second airport in the National Capital Region, along the 165-km Yamuna Expressway, is likely to be operational by 2022-23.

Once completed, Jewar airport will take the load off Delhi’s Indira Gandhi International Airport, the report cited two state ministers as saying.

According to the HT report, ministers Siddharth Nath Singh and Shrikant Sharma told media that the state cabinet has approved the timeline for implementation of the project, the request for quotation (RFQ) and the request for proposal (RFP) documents, and the draft concession agreement.

TRENDING NOW

China's factory activity expands for first time in six months, in latest sign economy is recovering

Finance Ministry notifies October 1 date for implementing amended GST law provisions for e-gaming

NPS: Want to get a Rs 50,000 pension per month? Try this

Government increases windfall tax on domestic crude to Rs 12,100/t from Rs 10,000/t

A look at this week's startup deals: Dunzo, Byju's, NIKOL EV, Pilgrim, Bluestone, Raptee in news

Auto giant Aston Martin launches DB12 in India; know ex-showroom price and specifications

Google's Bard may get 'Memory' feature to keep details about you

EPFO extends deadline to upload details by employers for higher pension option by 3-month till Dec 31

Amidst India-Canada row over Khalistan terrorist killing, Indian envoy to UK stopped from entering Scotland Gurdwara

Amazon Great Indian Festival dates announced; Prime members to get early access from October 8

NPS: What is PRAN? How can I generate it online?

Godrej Properties acquires 109-acre land in Nagpur for about Rs 200 crore to expand business

UAW adds GM, Ford SUV plants to strike

Amazon Great Indian Festival: Get Apple iPhone 14 for as low as Rs 23,249

Apple to hire more people in UK to work on AI: Tim Cook

The report quoted Arun Vir Singh, chief executive officer, Noida International Airport Limited (NIAL), as saying “We will float a global tender on May 30 as per the directions mentioned in the cabinet order... It will take six months’ time to finalise a suitable developer... After six months, the work on this project will start on the ground.” The Noida International Airport Limited (NIAL) has been formed by the Uttar Pradesh government to monitor and develop the Jewar airport.

Further, Singh stated that considerable progress has been made on the project after getting an in-principle approval from the Centre on May 9, 2018, adding that the state government hoped that selection of the developer would be made by January 2020.

The airport will be developed on a public-private partnership (PPP) model, and NIAL has been authorised to select the developer for the Jewar airport to give the land on lease for 90 years, the report added.

Notably, Prime Minister Narendra Modi, prior to announcement of Lok Sabha poll schedule, had announced that the airport would be completed in time and all formalities for the same were underway.