Saturday, December 08, 2018

Noida airport to be built on PPP mode

Noida: The construction of the Noida International Airport at Jewar will be done on a public-private-partnership (PPP) mode, Uttar Pradesh authorities said on Saturday.

A government order has been issued by the Civil Aviation Department after a nod from the state cabinet.

At a cabinet meeting held earlier this week, it was decided that acquired land will be given on a 90-year lease to the Noida International Airport Limited (NAIL) and that it be vested the powers of selecting the developer.

Six villages -- Bajauta Rajawaha, Rajwaha, Dayanatpur Rajawah, Kishrepur Alpika and Pathvaya Nala -- are likely to be shifted for the purpose. The irrigation department will oversee and facilitate the shifting process, an official told IANS.

The state government has also ratified the financial and administrative clearance of Rs 4,500 crore required for acquisition of 1,239.14 hectares of land at a price of Rs 2,300 per square metres.

The government land that comes in the ambit of the airport will, however, be transferred free of cost to the airport.
08/12/18 Hans India

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