The Zurich Airport International AG on Friday, November 29, selected as the concessionaire for developing the Jewar airport. It emerged as the highest bidder for the proposed airport at Jewar.
The Switzerland-headquartered company made the highest per-passenger bid for the airport, outbidding competitors like Delhi International Airport Limited, Adani Enterprises, and Anchorage Infrastructure Investments Holdings Limited, PTI reported citing officials.
Jewar Airport or the Noida International Greenfield Airport will come up at the outskirts of Delhi in Uttar Pradesh in a 5,000 hectare area when fully constructed. It is estimated to cost Rs 29,560 crore, according to Nodal Officer for the Project, Shailendra Bhatia.
“Zurich Airport International AG has made the highest bid for developing the Jewar airport and has been selected as the concessionaire for the airport,” Bhatia said.
Bids for the Jewar airport have been finalized after years of delay. The idea of developing an airport in Jewar was first proposed in 2001 by the then UP chief minister Rajnath Singh.