UP authorities indicators settlement with Zurich Airport for Jewar Airport

The Uttar Pradesh authorities has signed a concession settlement with representatives of Zurich Airport International for designing, constructing and working Noida International Airport at Jewar for a interval of 40 years. The airport will probably be developed as a Public-Private Partnership (PPP) and is scheduled to open in 2024.


About the settlement:

The ‘concession settlement’ for the Greenfield airport, estimated to value Rs 29,560 crores, was inked between the Uttar Pradesh authorities’s company and the Yamuna International Airport Private Limited (YIAPL), a particular goal car floated by the Zurich Airport for the venture.

Important takeaways for all aggressive exams: 

  • Chief Minister of Uttar Pradesh: Yogi Aditya Nath; Governor: Anandiben Patel.

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