Noida International Airport to be Developed by Tata Group

The Tatas will build the Noida International Airport, the country’s largest, beating two other bidders — L&T and Shapoorji Pallonji — to the contract. Tata Group’s infrastructure and construction arm, Tata Projects, has bagged the contract to construct the airport at Greater Noida’s Jewar in Uttar Pradesh.

Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport, Yamuna International Airport Private Limited (YIAPL) said in a statement on Friday.

YIAPL is a 100 per cent subsidiary of Swiss developer Zurich Airport International AG and has been incorporated as a special purpose vehicle to develop Noida International Airport.

In 2019, Zurich Airport International AG won the bid to develop the airport. The Uttar Pradesh government signed the concession agreement with YIAPL on October 7, 2020, to build the airport.

The greenfield facility, spread over 1,334 hectares, will have a single runway operation in the first phase with a capacity to handle 12-million passengers per annum.

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, YIAPL said.