Greater Noida: Working at the proposed Noida International Airport is likely to begin soon.
Toi has learned that the land of the 1,334-hectare project obtained by GB Nagar Administration for the Department of Civil Aviation Uttar Pradesh will be transferred to Noida International Airport Limited (NIAL) – a government-specific vehicle for the project – next week.
However, Bea Cap Rs 96 Crore will be borne by the state government and the third industry authorities, which are stakeholders.
The laying foundation stone ceremony for the airport can take place on August-September, the source said.
While the state government and Noida authorities will each bear the airport costs of 37.5%, Gnida and Yeida each will cover the cost of 12.5%.
In the same proportion, stamp duty costs will be distributed by four stakeholders.
Even when the three authorities have released their funds for the airport project, the government has not released its part.
For this, the initial discussion was held on Tuesday between the subsidiary of Nial and Zurich International AG Yamuna International Airport Private Limited (YIAP).
“Yiapl’s chief executive came on Tuesday to discuss various problems.
The process of accelerating the airport construction work is one of the topics discussed, regardless of land transfer and a family shift affected by the land obtained to Jiwar Bangar Township which in the final stage,” CEO said Yeida Arun VIR Singh.
While the source claimed that the Yogi government was interested in speeding up the work at the airport and may have a foundation plate ceremony in a few months, the Singh Abstain CEO of confirming a certain time for it.