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Tata Projects to build Noida International Airport

AsitbyAsit
June 3, 2022
in NEWS
92
VIEWS

The Yamuna International Airport has partnered with Tata Projects Ltd. to oversee the construction and execution of an airport in Noida.

The contract includes construction of a runway, terminals, roads, utilities, airside infrastructure and other ancillary buildings at Noida International Airport.

The Tata group’s infrastructure and construction arm scored higher than its rivals Larsen & Toubro (L&T) and Shapoorji Pallonji under the quality and cost-based selection criteria followed for the selection process.

“We are proud to be entrusted the EPC works for the greenfield Noida International Airport at Jewar. Tata Projects will work closely with YIAPL to deliver India’s most advanced and environment friendly airport on time. We shall deploy the latest technologies in its construction, while meeting the standards of quality, safety, and sustainability,” TOI quoted Tata Projects CEO & MD-designate Vinayak Pai as saying.

The first phase of Noida Airport is expected to be ready over the next two years and this will be the second airport project undertaken by Tata Projects after the Prayagraj (Allahabad) airport terminal.

Tata Projects’ work includes the new parliament building, the Mumbai trans-harbour link, multiple stretches of dedicated freight corridors, and metro rail lines across various cities including Mumbai, Pune, Delhi, Lucknow, Ahmedabad, and Chennai.

The Government of Uttar Pradesh had signed the concession agreement with Yamuna International Airport Private Limited (YIAPL)- which has been incorporated as a Special Purpose Vehicle (SPV)- on October 7, 2020, to begin the development of the Noida International Airport (NIA) at Jewar.

“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. We are aiming toenable, promote and strengthen all-inclusive sustainable development of aviation ecosystem in India,” said Christoph Schnellmann, Chief Executive Officer, Yamuna International Airport Private Limited.

 

 

 

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