Tata Projects, the infrastructure and construction arm of the Tata Group, has been awarded the contract to build the new Noida International Airport in Jewar, Uttar Pradesh.
Tata Projects will develop the airport’s terminal, runway, airside infrastructure, roadways, utilities, landside amenities, and other ancillary buildings, according to a statement released by Yamuna International Airport Private Limited (YIAPL) on Friday.
YIAPL is a wholly owned subsidiary of Zurich Airport International AG, a Swiss developer, and was established as a Special Purpose Vehicle to develop Noida International Airport.
Zurich Airport International AG was awarded the contract to develop the airport in 2019.
On October 7, 2020, the Uttar Pradesh government signed a concession deal with YIAPL to begin the development of the NIA.
The greenfield facility, which spans 1,334 hectares and costs Rs 5,700 crore, would open with a single runway and a capacity of 12 million passengers per year in the first phase.
“The Engineering, procurement, and construction (EPC) of Noida International Airport has been awarded to Tata Projects Ltd by YIAPL.
According to the announcement, “the company was chosen among three finalist teams with demonstrated experience in the design, procurement, and execution of significant infrastructure projects.”
According to the developer, the new airport should be operational by 2024.
With the completion of the EPC contract, the first phase of the airport is expected to be completed within three years of the concession period beginning, according to YIAPL.
“We are delighted to cooperate with Tata Projects on the EPC project at Noida International Airport.”
“With the award of this contract, our project moves into the next phase, which will see a significant rise in the pace of building activities on site,” stated Christoph Schnellmann, CEO of Yamuna International Airport Private Limited.
According to him, the company is working with Tata Projects to build a passenger terminal, runway, and other airport infrastructure with a capacity of 12 million passengers per year by 2024.
“Tata Projects will collaborate closely with YIAPL to ensure that the airport is completed on schedule.
“We will use the most advanced technology in its construction while maintaining the greatest levels of quality, safety, and sustainability,” stated Vinayak Pai, Tata Projects Ltd’s CEO and MD-designate.
According to the announcement, Tata Projects’ other key projects include the New Parliament Building, Mumbai Trans-Harbour Link, and metro train lines in other cities.