economic feasibility report submitted to YEIDA
Img : pixabay

Yamuna authority on Friday received draft of techno-economic feasibility report by appointed consultants PricewaterhouseCoopers (PwC). YEIDA officials will now study the draft report and will give further suggestions to the agency, if needed.

As per the officials, this report will help them in getting in-principle approvals for the Jewar international airport project. The final report will be submitted by March end.

The draft report is separated into nine chapters- Trends in the aviation sector, traffic estimation, regional connectivity scheme, cargo potential, non-aeronautical revenue, capex profiling, operating expenditure, financial assessment and environmental social impact.

Shailendra Bhatia, officer on special duty, YEIDA, gave more details about the draft report in which he said, “We will check each chapter carefully to ensure all technicalities are correct. Before the final report, we will give our suggestions, if any. Once the final report is submitted by March-end, we will send it to the UP government for approvals. Subsequently, the UP government will use it to obtain in-principle approval for the project.”

Last month too, PwC has submitted a draft report in which they projected that the international airport at Jewar is all set to cater 80 million passengers once it will get operational by 2022-23. The report further stated that the Indira Gandhi International Airport (IGIA) will reach its saturation point with a 100-million passenger count by 2024-25, which will give rise to the need for a second airport in NCR and hence the airport at Jewar would accomplish the need. By 2050, both Delhi and Jewar airport will cater to over 300 million passengers annually.