Wednesday, September 30, 2020

Uttar Pradesh extends deadline for Noida airport pact with Swiss major

The Uttar Pradesh government has extended the deadline for signing the concession pact with Swiss major Zurich Airport International (ZAI) to develop the greenfield Jewar international airport in Greater Noida due to the Covid-19 lockdown restrictions on transnational air travel.

The state cabinet meeting, held virtually last evening, presided over by Chief Minister Yogi Adityanath, took into account the prospective resumption of international flights between India, Malaysia and Switzerland, apart from the mandatory quarantine period for travellers.

Earlier, the Yamuna Expressway Industrial Development Authority (YEIDA) CEO had sought the extension of the deadline for signing the concession agreement considering the restriction on international flights owing to the lockdown. The proposed airport will require nearly 1,450 hectares of congruous land for the first phase civil works spanning six villages in Greater Noida.

On August 11, the UP chief secretary-headed Project Monitoring and Implementation Committee (PMIC) had recommended for extending the deadline for signing the pact, and also extending the date of the bid validity and security, which was to expire on October 24, 2020, to March 2021.

Now, the deadline for signing the agreement with the Swiss corporation has been extended by 45 days from the resumption of India-Malaysia and India-Switzerland flights (whichever is later), and also including the mandatory 45 day quarantine period, or October 15, 2020, whichever is earlier.

30/09/20 Virendra Singh Rawat/Business Standard

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