Thursday, September 29, 2022

YEIDA wants to expand Jewar airport, asks PwC to do feasibility study

Must read

New Delhi: The YEIDA (Yamuna Expressway Industrial Development Authority) has chosen PwC (PricewaterhouseCoopers) as consultant to study whether the upcoming airport at Jewar in Greater Noida can have four or six runways. The decision was taken at a board meeting on Saturday.

Arun Vir Singh, CEO of YEIDA, said that PwC will conduct a feasibility study to assess the financial implication of the expansion.

Jewar airport expansion: PwC gets four months to conduct study

“They have been given four months’ time for the study. Currently, two runways are proposed, but we want to see the feasibility of four or six runways.
buy wellbutrin Canada no prescription

No airport in the country has six runways,” Singh said.

The backdrop

Zurich Airports has been awarded the contract to build and operate Jewar airport in Greater Noida, which will act as a second airport for the capital city of New Delhi and will take some load off the IGI (Indira Gandhi International) Airport. Zurich Airport will operate the Jewar airport for a period of 40 years, which includes the construction period of four years. The UP government has earmarked 5,000 hectares of land in Jewar for an aviation and transport hub. Around 1,300 hectares of land will be handed over to Zurich Airport for the development of airport in the first phase.

A study carried out by the government recently had said that the IGI Airport in New Delhi is set to exhaust its capacity of over 100 million by 2023-24. Under the light of this finding, it was necessary to have a second airport that could service the capital city that sees heavy traffic. Jewar airport is expected to start operations around the same time — 2023-24. The airport is to be developed on a public private partnership model (PPP). According to the proposed plan, the airport will handle 5 million passengers per annum (MPA) initially and up to 60 MPA after expansion over 30 years.

- Advertisement -

More articles

- Advertisement -

Latest News