The Indian state of Uttar Pradesh (UP) has announced its plans to float a global tender for the proposed Noida International Greenfield Airport project at Jewar, Greater Noida.
This project is estimated to cost nearly Rs160bn ($2.2bn), reported Business Standard.
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The state cabinet has given its approval to float a global tender for the airport project.
This project is expected to decongest the Indira Gandhi International Airport, New Delhi.
UP Health Minister and spokesperson Sidharth Nath Singh was quoted by Business Standard as saying: “The global tender would be floated on May 30 and, within the next six months, the bidding process would be completed. By January 2020, the contract is likely to be awarded to the selected companies.”
The airport will be constructed on a public-private partnership (PPP) model.
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By GlobalDataThe government plans to acquire 1,426ha for the project.
Almost 1,200ha of private land spanning six villages in Gautam Buddha Nagar district will be acquired.
The cabinet also gave its approval for prospective disbursal of Rs8.95bn for the rehabilitation of the impacted private landowners.
On 6 July 2017, the Central Government gave site clearance for the airport.
In October 2017, the Union Home Ministry granted its no objection certificate (NoC), while in December 2017, Rs18bn was allocated by the UP Government for land acquisition.
Last year, the Airports Authority of India gave its in-principle approval for the project.
The project was conceived in 2000 but had to be postponed due to regulatory and clearances issues.
