New Delhi: Zurich Airports has won the contract to build and operate Jewar Airport in
Greater Noida, which will act as the second airport for Delhi, for a period of 40 years that
includes construction period of four years in the first phase.
“Under a 40-year concession, Flughafen Zürich AG will build and manage the new greenfield airport in Jewar. The capital investments associated with the first phase is expected to amount to roughly CHF 650 million (about Rs 4,670 crore) during the construction period of approximately four years in the first phase,” said a statement from Flughafen Zürich AG, which currently holds 100% of the project.
The first phase will be able to accommodate around 12 million passengers per year. Besides the necessary capital investments in the infrastructure, Flughafen Zürich AG shall pay a fixed passenger fee to the state-owned authority starting on the sixth anniversary of commissioning of the new airport, read a statement from the airport operator.
Sources said that the company defeated all the other three bidders by far by offering a revenue share of Rs 400.97 per passenger to the authority. The GMR group-led Delhi International Airport Ltd offered to pay Rs 351 per passenger to the authority. Among the other two, the Adani Group offered to pay Rs 360 and Anchorage I&I offered to pay Rs 205 per passenger.
30/11/19 Economic Times
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“Under a 40-year concession, Flughafen Zürich AG will build and manage the new greenfield airport in Jewar. The capital investments associated with the first phase is expected to amount to roughly CHF 650 million (about Rs 4,670 crore) during the construction period of approximately four years in the first phase,” said a statement from Flughafen Zürich AG, which currently holds 100% of the project.
The first phase will be able to accommodate around 12 million passengers per year. Besides the necessary capital investments in the infrastructure, Flughafen Zürich AG shall pay a fixed passenger fee to the state-owned authority starting on the sixth anniversary of commissioning of the new airport, read a statement from the airport operator.
Sources said that the company defeated all the other three bidders by far by offering a revenue share of Rs 400.97 per passenger to the authority. The GMR group-led Delhi International Airport Ltd offered to pay Rs 351 per passenger to the authority. Among the other two, the Adani Group offered to pay Rs 360 and Anchorage I&I offered to pay Rs 205 per passenger.
30/11/19 Economic Times
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