Greater Noida: Noida International Airport Limited, a special destination vehicle from the government above, is expected to be able to sign a license agreement with Zurich AG subsidiaries to provide the right to develop and operate the airport in the next few days.
Previously, the land title was transferred to Nial, which will continue to be detained.
“But, we will give the right to develop and operate the airport to Yamumna International Airport Private Limited, a subsidiary of Zurich AG,” said CEO Nial, Arun VIR Singh.
After the license agreement signed, the Foundation Stone Plate Ceremony will be held because the subsidiary will be given a green signal to start construction work on the airport site in Jiwar.
Meanwhile, nearly 6 hectares of land of 16 hectares needed other than 1,334 hectares that have been taken for the project, have been obtained from local farmers.
Additional land parcels are being collected in Kureb Village to develop maintenance centers, repairs and reshuffers on the airport website.
The MRO center is expected to appear not too far from the runway at Nagla Ganeshi.
The need to add MRO in the scope of the project is felt later when demand for additional land is felt.
Officials said that around 11,500 trees must be derived for the entire airport project and afforestation activities were also carried out during the rainy season to maintain balance.
Among them, 536 grew the tree beside the main arterial road inside the airport site while remaining spread in various locations and agriculture.
The Ministry of Forestry has given permission to logging trees and in return which imposes the planting conditions of 10 trees to compensate for the green cover that will disappear.
Nial is trying to iron all problems before the launch ceremony is scheduled.
The source reveals that the airport launch can be held.
In accordance with senior officials, the ceremony is likely to be held on or after August 22.