Saturday, September 29, 2018

UP set to invite bids in November for Jewar airport developer

Noida:  The UP government will invite bids in November to pick the developer of the international airport that is to come up at Jewar, the CEO of the nodal agency for the project has said.
Arunvir Singh, who heads the Yamuna Expressway Industrial Development Authority (YEIDA), told TOI the airport schedule is on track, and the process to award the contract to a concessionaire — the company that will build and operate the airport, like GMR does for IGI — is likely to be completed in January 2019. A senior official said the district administration was hopeful of completing land acquisition by then as well.

If the government sticks to this timeline, the airport’s first phase, with two runways, is likely to be operational in 2022-23.The state government is preparing the bid document in consultation with PricewaterhouseCoopers.

The state government is preparing to issue a notification under Section 11 of the land acquisition law to acquire around 3,400 acres for the international airport.
29/09/18 Prabhakar Sinha/Times of India