The Uttar Pradesh government has signed a concession agreement with representatives of Zurich Airport International for designing, building and operating Noida International Airport at Jewar for a period of 40 years. The airport will be developed as a Public-Private Partnership (PPP) and is scheduled to open in 2024.
About the agreement:
The ‘concession agreement’ for the Greenfield airport, estimated to cost Rs 29,560 crores, was inked between the Uttar Pradesh government’s agency and the Yamuna International Airport Private Limited (YIAPL), a special purpose vehicle floated by the Zurich Airport for the project.
Important takeaways for all competitive exams:
National News The Ministry of Skill Development and Entrepreneurship Marks 12 Years of Skill India…
For the strengthening of the accountability in the city's street food ecosystem, The Gujarat Information Commission…
India has announced the $2.5 million contribution to the United Nations Relief and Works Agency…
Honorable President of India Droupadi Murmu has approved the merger of a REC Limited with…
The Ministry of Skill Development and Entrepreneurship (MSDE) has completed the 12 years of the…
Respectable Union Minister of State for Labour and Employment and MSME, Shobha Karandlaje has led…