PM Modi inaugurates Noida International Airport

On November 25, 2021, Prime Minister Narendra Modi laid the foundation stone for Noida International Airport (NIA) in Gautam Buddh Nagar.

Key Points

• PM Modi arrived at Jewar, the place accompanied by Chief Minister of Uttar Pradesh Yogi Adityanath and Civil Aviation Minister Jyotiraditya M Scindia, to lay down the foundation.
• Airport at Jewar is being developed by Yamuna International Airport Private Limited (YIAPL), which is a 100 per cent subsidiary of project’s Swiss concessionaire Zurich International Airport AG.

PPP model

The Noida International Airport is being developed by Yamuna International Airport Pvt Ltd (YIAPL) under the PPP model in association with the Uttar Pradesh Government and Indian Government.

About Noida International Airport

Noida International Airport is spread across more than 1300 hectares of land. First phase of the airport will serve around 1.2 crore passengers in a year, after its completion. Work on first phase of the project is scheduled to be completed by 2024.

Cost of the project

Estimated cost of the project is at around Rs 15000- 20000 crore. First phase of the project is being developed at a cost of around Rs 10,050 crore.

Where is it located?

The airport is located at a distance of 72 km from Delhi’s Indira Gandhi airport and 40 km from Noida.

Significance of the project

• With this airport, Uttar Pradesh will become the only Indian state with five international airports.
• Noida International Airport will be the second international airport in the national capital region, after Indira Gandhi International Airport at Delhi.
• This will be India’s first net zero emissions airport. It will also have the provision of multi-modal seamless connectivity.
• Airport will be constructed with an integrated multi-modal cargo hub, for the first time in India.

Background

The airport is being constructed in line with vision of Prime Minister towards boosting connectivity and creating a future-ready aviation sector in order to establish Uttar Pradesh on the world’s map.

Month: Current Affairs - November, 2021