Jewar Airport: Foundation stone ceremony date, time, location, project details, etc - All you need to know
The foundation stone laying ceremony of much-awaited Jewar International Airport will take place on March 9, 2019 at 11 AM at Institutional Area, Knowledge Park II in Greater Noida. PM Narendra Modi will lay the foundation stone.
After a long wait, the Jewar International Airport is taking a shape as both UP government led by Yogi Adityanath and the Central government led by Narendra Modi have shown commitment towards the airport to be constructed in Jewar in Gautam Budh Nagar district of UP. The airport will be constructed on PPP (Public Private Partnership) model. The Yamuna Expressway Industrial Development Authority (YEIDA) will be the implementing agency on behalf of the Uttar Pradesh State Government.
Details of the Jewar International Airport foundation stone programme: The foundation stone laying ceremony will take place in presence of Prime Minister of India Narendra Modi on March 9th, 2019 at 11 AM at Institutional Area, Knowledge Park II, near Pari Chowk in Greater Noida, Uttar Pradesh.
Date: March 9, 2019
Time: 11 AM
Venue: Institutional Area, Knowledge Park II
Project details
The project was first proposed in 2001 by then Uttar Pradesh chief minister Rajnath Singh as a Greenfield Taj International and Aviation Hub (TIAH) at Jewar village near Greater Noida, near the Yamuna Expressway. The Central government cleared the techno-feasibility report for setting up TIAH in April 2003. It was to be built at an approximate cost of Rs 5000 crore by the year 2007-08. The project was put on hold during the UPA regime because the project site was within 150 kilometers of an existing greenfield airport in Delhi. This site was within 72 kilometres of Indira Gandhi International Airport(IGI), Delhi. Its operators, the GMR Group had protested against plans for another international airport within 150 kilometers of the existing Delhi airport, claiming that it would impact traffic and revenue generation. GMR has right of first refusal (RoFR) on the new airport within 150 kilometers of the existing Delhi airport. The RoFR was to ensure that GMR gets preference in bidding for the Greater Noida airport in case its bid is within 10 per cent of the highest bidder.
Reportedly, in 2012, the then Akhilesh Yadav government decided to shift the proposed Jewar Airport to Agra but in 2014, the Bharatiya Janata Party (BJP) was voted to power at the Centre and the project was again shifted back to Jewar. The civil aviation ministry cleared the proposal for the new airport to be set up on 2,200 acres of land in June 2015[15] The Union Ministry of Defence (moD) cleared the project in June 2016. The Ministry of Civil Aviation (MoCA) on Tuesday gave in-principle approval to the Uttar Pradesh government to build the airport in May 2018.
Status updates about Jewar International Airport:
1] Aug 2018: Noida International Airport Company Limited (NIAL) formed. NIAL will handle the bidding and overall project management of the project.
2] Nov 2018: UP Government approves the allocation of Rs 1260 Crores for land acquisition.
3] Dec 2018: Airport to be built under Private Public Partnership (PPP) mode.
4] 29 Dec 2018: District administration submits rehabilitation and resettlement (R&R) document on land acquisition.
5] Jan 2019: Acquisition of 1334 hectare of land to start by month end.
Watch this Zee Business video
6] Feb 2019: In UP budget, UP govt has allocated Rs 800 Cr for land acquisition to expedite work. Foundation stone to be laid in March 2019.
Picture caption:
Tags: Jewar Airport, Aviation, Narendra Modi, Yogi Adityanath, Akhilesh Yadav, Rajnath Singh, greater noida, noida, jewar, noida interantional airport
Key words: Jewar Airport inauguration, Noida International Airport, Greater Noida Airport, jewar Airport Project
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
06:29 PM IST