News: Tata Projects to develop Noida International Airport-03-06-2022
The company has been selected from three shortlisted teams and will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport.
NEW DELHI: Yamuna International Airport (YIAPL) has selected Tata Projects to undertake the engineering, procurement, and construction (EPC) of Noida international-airport/91987871 2/10 Internation al Airport (NIA). The company has been selected from three shortlisted teams and will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport.
Christoph Schnellmann, chief executive officer, YIAPL, said, "With the award of this EPC contract, our project enters the next phase, which will witness a rapid increase in the pace of construction activities on site. 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."
Noida International Airport will be India's first net-zero emissions airport. The airport will be designed and developed keeping in mind the requirements of green infrastructures like IGBC certified buildings, rainwater harvesting, zero liquid discharge sewage treatment plant, waste management facility amongst others.
YIAPL is a 100% subsidiary of Zurich Airport International AG, which has been incorporated as a special purpose vehicle (SPV) to develop the greenfield Noida International Airport in Jewar.
Zurich Airport International AG won the bid in 2019 to develop the airport and has achieved security clearance, signing of the concession agreement, selection of architects, launch of the brand identity, signing of the shareholder and state support agreements, approval on the masterplan and the development plan, financial close with SBI, selection of concessionaire to design, build and operate a fuel farm and with AAI for CNS-ATM services at the airport.
The concession period has officially commenced from October 1, 2021. With the closure of the EPC contract, the first phase of the airport is on track to be delivered within three years of the commencement of the concession period, the company said.
