Government clears $1 bn Noida airport project in Jewar

The aviation ministry came up with the decision to release the ban on the construction of Jewar airport. The ministry has given a green signal for the construction of this airport which is estimated to be worth INR 6700 crore. This airport will be the second aviation airport in the Jewar region and will be on the Greater Noida outskirts.

Rajiv Nayan Choubey – the secretary of civil aviation has confirmed the news of the construction of the airport after it has passed the test of technical feasibility. While presenting his views on the matter, Rajiv stated, “It should be up and running in three years.” Earlier, on December 5th, the plan has also received the clearance from the government which further enhanced the chance of the airport to get finalized approval for its construction.

Land aquisition will start soon

The airport is expected to cover a land of total 3,000 hectares. The construction of this airport is most likely to get started by the end of the year which means that the final airport will be ready by 2021 or 2022. It is also expected that the bids for the airport will get opened in the month of August and the final name will be out by the year-end.

The airport is expected to be a huge success for the people of Uttar Pradesh and will reduce the traveling time. Presently, people of UP travel more than 25 Km for accessing the facility of either Delhi or Lucknow airport. This airport will cut down this traveling distance along with enhancing the facilities for the passengers.

Other than the benefits that this airport will offer to the passengers, it will also accelerate the infrastructure of the region. It will also help the region to be listed in the facilitation of the real estate market. The first phase of the airport will be catering over 12 million passengers on an annual rate. Let’s wait and watch how amazingly this airport work and help in the betterment of the Jewar region along with the betterment of the living standard of the people.

Sakshi Buttan

Recent Posts

Borrowers to get 1500 crore help from Shishu Mudra loan, know what is the scheme, who can avail benefits

Shishu Mudra Loan Scheme: Union Finance Minister Nirmala Sitharaman gave detailed information about the 20 lakh…

4 years ago

Rs 20 Lakh Crore Package: 25% reduction in TDS rate; Major announcements regarding income tax, PF, relief for these sectors announced

Finance Minister Nirmala Sitharaman made a big announcement on TDC and TCS on Wednesday. she…

4 years ago

People Pouring Money into FD in Lockdown, Paytm Payments Bank crossed Rs 600 crore mark

Paytm Payments Bank Limited said on Friday that it recorded a tremendous increase in fixed…

4 years ago

Right Time for Equity Funds Investments through SIP, Get Highest Returns in Future

Due to the ongoing decline in equity markets, most investors are losing out on SIPs…

4 years ago

Grofers is in Talks to Raise $60-70 Million Amid the Coronavirus Pandemic Outbreak

Hyperlocal delivery startup Grofers in talks to raise fresh funds of $6-$70 Million according to…

4 years ago

3D Printers to Restore Coral Reefs : New Innovation

3D printers help us with a huge number of daily tasks, but until now we…

4 years ago