In a recent meeting, the Uttar Pradesh Government said that Rs 4,000 crore will be spent towards land acquisition for the Greenfield Noida international airport at Jewar. The decision was taken on Wednesday in a meeting which took place between officials of state civil aviation department, and Noida, Greater Noida Authority and Yamuna Expressway Industrial Development Authority (YEIDA).
A statement was issued by the officials, after the meeting, which said, “Out of Rs 4000 crore, Rs 1500 crore will be made available by budget allocated to state civil aviation department, while another Rs 1500 crore will be provided by Noida. An amount of Rs 500 crore each shall be shared by Greater Noida Authority and Yamuna Expressway Industrial Development Authority (YEIDA) respectively.”
It is said that about 1,441 hectares of land needed to be acquired in the first phase of land acquisition. Officials also said that YEIDA is in the process of preparing bid document for selection of the concessionaire which is likely to commence by July-end.
In order to fast-track the work of Jewar International Airport, the UP Government signed a pact with Yamuna Expressway Industrial Development Authority (YEIDA), Noida and Greater Noida Industrial Development Authorities on May 29. With this MoU, YEIDA will get the authority to kick-start the process of land acquisition.
Earlier, YEIDA and district administration have also met with a section of farmers. A public hearing was done with the farmers of Ranhra and other adjacent villages. This was done on the basis of a social impact assessment report prepared by a team from Gautam Buddha University.
The airport is expected to start its operation in 2022-23. As per the TEFR prepared by PricewaterCoopers (PwC), once the airport will start its operation, it is expected to cater 60 lakh passengers annually thereby easing the passenger traffic from Delhi’s IGI Airport. Moreover, by 2050, the traffic at Jewar airport will gradually increase to 10 crores.