Noida Airport, India's Largest, To Be Built By Tatas, Says Swiss Developer
NDTV
Noida Airport: Tata Projects will construct the Noida International Airport in Greater Noida. Yamuna International Airport Private Limited is a 100% subsidiary of Swiss developer Zurich Airport International AG and has been incorporated as a Special Purpose Vehicle to develop Noida Airport.
Tata Group's infrastructure and construction arm, Tata Projects, has bagged the contract to construct the upcoming Noida International Airport at Greater Noida's Jewar, in Uttar Pradesh.
As part of the contract, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport, Yamuna International Airport Private Limited (YIAPL) said in a statement today.
Yamuna International Airport Private Limited is a 100 per cent subsidiary of Swiss developer Zurich Airport International AG and has been incorporated as a Special Purpose Vehicle to develop Noida International Airport.
In 2019, Zurich Airport International AG won the bid to develop the airport. The Uttar Pradesh government signed the concession agreement with Yamuna International Airport Private Limited on October 7, 2020, to commence the development of the Noida International Airport.
