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.