Jaypee Group to bid for Greater Noida airport

Even as a group of ministers on Thursday began discussing locating an airport that will effectively become Delhi’s second at Jewar in Greater Noida, Uttar Pradesh, an executive at Jaypee Group, which recently won the rights to build an expressway in the state, said it would bid for the development of the airport and that it was in talks with several possible partners.
The project has already become controversial with GMR Infrastructure Ltd, one of the partners in Delhi International Airport Ltd (DIAL) which is redeveloping the New Delhi airport, claiming that any airport located within a 70km radius will affect DIAL’s financial viability.
Meanwhile, Jaypee Group is in talks with Madrid Barajas Airport Authority, which operates the Spain’s Madrid Barajas International Airport, Houston Airport System (HAS), the company that manages the Houston airport, and three other companies to build the airport at Jewar, the Taj International Airport.
01/02/08 Livemint

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Categories: airports Feb 2008, New Feb 2008