Friday, June 03, 2022

Tata Projects beats L&T, Shapoorji to win Noida airport contract

Yamuna International Airport Pvt Ltd (YIAPL), a subsidiary of Zurich Airport International AG, has selected Tata Projects to undertake the engineering, procurement and construction (EPC) of Noida International Airport (NIA).

Tata Projects' bid was picked over L&T and Shapoorji Pallonji for the upcoming greenfield airport at Jewar.

As part of the deal, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the Noida International Airport.

Tata Projects is also involved in the construction of India's new Parliament building, Mumbai trans-harbour link, multiple stretches of dedicated freight corridors, and metro rail lines across various cities including Mumbai, Pune, Delhi, Lucknow, Ahmedabad and Chennai.

Zurich Airport International had won the bid in 2019 to develop the airport. With the closure of the EPC contract, the first phase of the airport is on track to be delivered within three years of the commencement of the concession period.

"With the award of this EPC contract, our project enters the next phase, which will witness a rapid increase in the pace of construction activities on site. Together with Tata Projects, we're working to deliver a passenger terminal, runway, and other airport infrastructure with a capacity of 12 million passengers annually, by 2024," says Christoph Schnellmann, chief executive officer at YIAPL.

"Noida International Airport will bolster employment generation and economic growth in the state as well as the country," he adds.

The airport is also expected to enhance connectivity to and from Delhi NCR, Noida and western Uttar Pradesh.

The passenger terminal will encompass parameters such as short and efficient passenger flows, digital services, and commitment to minimal environmental impact. Noida International Airport is touted to be a digital airport in India, enabling contactless travel and personalised services for travellers.

"Tata Projects will work closely with YIAPL to deliver India's most advanced and environment friendly airport on time. We shall deploy the latest technologies in its construction, while meeting the highest standards of quality, safety, and sustainability," says Vinayak Pai, CEO and MD designate, Tata Projects.

03/06/22 Fortune India

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