Noida International Airport gets security nod, wait now for plan approval – ET RealEstate

GREATER NOIDA: The Noida International Airport project cleared another regulatory hurdle on Wednesday, with the Bureau of Civil Aviation Security (BCAS) granting security clearance to the same. The in-principle approval of the master plan is the only regulatory hurdle now left to commence development work at the site, officials said.

However, the regulatory body has asked Yamuna International Airport Private Limited (YIAPL) to amend some parts of its master plan. And once the revised plan is vetted, BCAS will grant the final clearance, a procedural step that is expected to take 10 to 14 days, officials said.

“Once BCAS gives in-principle approval to the master plan, the board of Noida International Airport Limited (NIAL) will issue a letter authorising the concessionaire to commence construction and development work,” said NIAL’s nodal officer Shailendra Bhatia. NIAL is the project proponent which will also facilitate the transfer of the 1,334 hectares of land to the subsidiary of Zurich AG to start work on the ground.

Meanwhile, YIAPL has initiated the process of shortlisting and empanelling the construction agencies after floating its requirement on its website. Several international companies are likely to participate in the bidding process. It is estimated that the development of the first phase will require up to Rs 5,730 crore.
Noida International Airport gets security nod, wait now for plan approvalHowever, in an emerging situation, the pandemic is disrupting the working of the government offices, including that of NIAL and aviation regulatory bodies in Delhi.

“We are not opening talks with officials in Lucknow over the date of the foundation stone laying ceremony as the Covid situation is going out of control,” said an official.



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Zurich starts work on selecting agency to construct Noida airport – ET RealEstate

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GREATER NOIDA: The Noida International Airport project is fast gaining momentum. The subsidiary of Zurich AG, appointed to develop the greenfield airport, on Monday floated tenders to commence construction work.

The company, Yamuna International Airport Private Limited (YIAPL), has begun the process of selecting the contractors for engineering and construction of the terminal building.

Last week ,the Yamuna Expressway Industrial Development Authority (YEIDA) initiated the process of empanelling agencies which will manage, organise and execute big-ticket events on its behalf. While the date of the foundation stone laying ceremony is yet to be finalised, sources revealed that an agreement has been reached between the two sides to get things going on the ground. “We expect that the project-affected people will start shifting to Jewar Bangar by mid-June. Post that, construction work can start,” an Authority official told TOI.

Meanwhile, YIAPL said that work will be awarded in two parts. While part 1 will cover construction, engineering and procurement of the terminal building, part 2 will focus on airside and landside development. The company has also set up its office in Okhla phase 3 of Delhi to coordinate with the regulatory bodies and other agencies for further work.

Senior officials of Noida International Airport Limited, the special purpose vehicle set up by Uttar Pradesh government to execute the project, said that an agreement to grant permission to start work was reached with the concessionaire last month soon after YIAPL signed the state support agreement with UP.

“The building plan and design has been approved by the regulatory bodies. The state government wants to commence work at the site at the earliest. Since selection of agency will take time, the company was advised to initiate the process,” said an official.

Meanwhile, the company announced that contracts valued more than Rs 25 crore would be awarded through a competitive bidding process while work orders valued under Rs 25 crore could be offered directly to empanelled vendors. The GB Nagar district administration has also started work on getting the social impact assessment study ready for the next phase of the airport project that will require 1,363 hectares of land.



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Zurich AG submits master plan of Jewar airport to NIAL – ET RealEstate

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GREATER NOIDA: Zurich AG, the concessionaire appointed to develop and operate the Jewar international airport, has submitted its master plan to Noida International Airport Limited (NIAL). The special purpose vehicle will go through the plan and also get it vetted by regulatory bodies as well as the Union civil aviation ministry before unveiling the same next year.

Having signed the concession agreement with NIAL on October 7, Zurich AG had been given time up to December 6 to submit its master plan and design. Yamuna International Airport Pvt Ltd, a 100% subsidiary of Zurich AG, shared the master plan outlining the development of the airport on Thursday evening. The company will bring in capital investments worth over Rs 5,000 crore.

“It will take some time to go through the master plan and building design. It will be forwarded to the UP government as well as the Union government for scrutiny. In case some revision or rectification is required as per the industry norms, Zurich AG will be asked to update the plan,” said Arun Vir Singh, CEO of NIAL.

The master plan will be forwarded to Union ministry of civil aviation, directorate general of civil aviation and Airports Authority of India for further examination and vetting. Once the regulatory bodies and the ministry go through the submissions and provide their feedback to NIAL, Zurich AG will be given the green signal to go ahead with the plan.

An officer involved with the process revealed, “While focus is on the plan and design of the first phase, Zurich AG has outlined their development plan over the course of 40 years.”
Zurich AG submits master plan of Jewar airport to NIALTo be developed over 4,752 hectares of land in phases, construction work for the first phase over 1,334 hectares of land shall commence in June-July next year. Officials said that it shall take four to six weeks to ratify the master plan.

Since Zurich AG has already got a survey of the terrain, soil and surface of the first phase land done in August, it is waiting for the go ahead to start the hunt for vendors. Earlier Zurich AG officials said that tenders and bids for construction and development of the airport will be issued through the company’s website. Earlier on December 3, the Uttar Pradesh government took a decision to develop a total of five runways at the airport.



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