During the review meeting, a detailed discussion was held on the financial viability of the Jewar airport and various models of awarding the PPP concession were deliberated upon.
NEW DELHI: Decks for the construction of the Jewar International Airport along the 165-km Yamuna Expressway has been cleared and work for the ambitious project is likely to start by the year-end.
According to ANI, the Ministry of Civil Aviation (MoCA), which called a meeting of all stakeholders on Tuesday to review the progress of setting up the Noida International Greenfield Airport at Jewar, has reportedly given its go-ahead for the construction work to begin.
The meeting was attended by Civil Aviation Minister Suresh Prabhu, Minister of State for Civil Aviation Jayant Sinha, YEIDA CEO Prabhat Kumar, and other senior officials of the central and state government.
During the review meeting on Tuesday, a detailed discussion was held on the financial viability of the airport and various models of awarding the PPP concession were deliberated upon.
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The airport, which is part of the MoCA’s NABH (NextGen Airports for Bharat) Nirman initiative, will be developed on the Public Private Partnership model (PPP).
Site clearance for the project was granted by the MoCA on July 6, 2017, and the Uttar Pradesh Government appointed Yamuna Expressway Industrial Development Authority (YEIDA) as the implementing agency on its behalf in October 2017.
YEIDA then obtained a No Objection Certificate (NOC) from the Ministry of Defence on January 11. To expedite the implementation of Airport project, a Project Monitoring and Implementation Committee (PMIC) was also constituted on March 27.
During the meeting, the representatives of the state government and YEIDA informed that funds for land acquisition are available and that the process is expected to proceed smoothly.
Land measuring 5,000 hectares (ha) has been identified by YEIDA for the project, out of which 240 ha belongs to the state government and rest is with private owners.
The first phase of acquisition of land measuring 1,327 ha for construction of terminal buildings and runways is expected to be initiated in the month of June by the YEIDA.
Prime Minister Narendra Modi is likely to lay the foundation stone for the Noida International Greenfield Airport at Jewar.