News Brief
Uttar Pradesh: Letter Of Agreement Signed To Provide Security For Upcoming Rs 29,650 Crore Airport Project At Jewar
Representative Image (Twitter)
A Letter of Agreement (LoA) was signed on Wednesday (24 March) between the Bureau of Civil Aviation Security (BCAS) and Yamuna International Airport Private Limited (YIAPL) in New Delhi.
The LoA defines provisions for civil aviation security responsibilities and functions at the upcoming international airport at Jewar, Noida. The agreement letter was signed by Ankit Garg, Deputy Director General, BCAS, and Christoph Schnellmann, CEO, YIAPL, the Ministry of Civil Aviation said in a statement.
The Letter of Agreement stipulates the civil aviation security responsibilities and functions and implements the tasks relating to civil aviation security, defined, and allocated for implementation of various aspects of the National Civil Aviation Security Programme (NCASP) at Noida International Airport.
The contract of construction of the airport has been awarded to YIAPL, which is a joint venture of the Airport Authority of India (AAI), the Government of Uttar Pradesh, and Zurich international airport.
The Jewar airport will be developed at a cost of Rs 29,650 crore. It will be operated and maintained by the European company under a 40-year concession. The company plans to invest Rs 4,663 for this purpose in the first phase of the project.
The first phase of the project has to be completed by 2023. However, the timeline, formulated before the Covid-19 pandemic struck, may see some changes.
When the first phase becomes operational, the Jewar International Airport will handle around 12 million passengers every year.
The project will be spread over an area of 5,000 hectares and may have six to eight runways.
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