Noida: The Uttar Pradesh cabinet on Tuesday approved a proposed bid document for Jewar Airport near Noida and sanctioned Rs. 894 crore for the resettlement and rehabilitation of displaced families, an official statement said.
The land acquisition process for the Greenfield International Airport in Gautam Buddh Nagar, the second in Delhi-NCR and billed to be the biggest in the country, picked up pace in the last quarter of 2018, but the work halted in April due to restrictions clamped for the Lok Sabha elections.
"The council of ministers has approved a proposal related to the establishment of the Noida International Greenfield Airport in Jewar in Gautam Buddh Nagar. The cabinet has approved the bid document and the draft concession agreement which were presented to it by the Project Monitoring and Implementation Committee (PMIC)," a statement released by the state government''s Department of Information said.
The cabinet also agreed to the global tender process for the Noida International Airport Limited as per the timeline proposed by PMIC after its May 21 meeting, it added.
"The cabinet gave its administrative and financial approval to provide Rs. 894 crore for resettlement and rehabilitation of families which will be displaced after the commencement of the project. It also gave its administrative and financial approval to an already-sanctioned Rs. 275 crore fund for the project," it said.
28/05/19 PTI/NDTV
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The land acquisition process for the Greenfield International Airport in Gautam Buddh Nagar, the second in Delhi-NCR and billed to be the biggest in the country, picked up pace in the last quarter of 2018, but the work halted in April due to restrictions clamped for the Lok Sabha elections.
"The council of ministers has approved a proposal related to the establishment of the Noida International Greenfield Airport in Jewar in Gautam Buddh Nagar. The cabinet has approved the bid document and the draft concession agreement which were presented to it by the Project Monitoring and Implementation Committee (PMIC)," a statement released by the state government''s Department of Information said.
The cabinet also agreed to the global tender process for the Noida International Airport Limited as per the timeline proposed by PMIC after its May 21 meeting, it added.
"The cabinet gave its administrative and financial approval to provide Rs. 894 crore for resettlement and rehabilitation of families which will be displaced after the commencement of the project. It also gave its administrative and financial approval to an already-sanctioned Rs. 275 crore fund for the project," it said.
28/05/19 PTI/NDTV
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