The Uttar Pradesh Cabinet on Monday has given their nod to various proposals in order to expedite work on the proposed Greenfield Jewar international Airport. The meeting took place under the leadership of state CM Yogi Adityanath where he gave his go-ahead to several tenders related to the project.
Briefing the media after the meeting, UP energy minister Shrikant Sharma said, “The cabinet had approved allocation of state’s share of Rs 1,500 crore for acquisition of land for Jewar airport.”
He further said that the state cabinet approved payment of compensation of Rs 2,852 crore for acquisition of 1239.14-hectare land for the project. The cabinet also decided to provide land of various departments for the project free of cost. Also, the civil aviation department has been exempted from payment of 2.5 percent acquisition cost to the revenue department.
“The cabinet has authorised the Noida International Airport Limited (NIAL) to develop Jewar airport on public-private partnership (PPP) model. NIAL has been authorised to select the developer for airport and give the land on a lease of 90 years for the project,” Sharma added.
Recently, after releasing the first installment for the land acquisition, the UP Govt has sanctioned Rs 1260 crore more to accelerate the work of the proposed International Airport at Jewar.
A total of 1,300-hectares of land needed to be acquired for the first phase of acquisition. The land will be acquired from six villages— Rohi, Parohi, Banwaribas, Ramner, Dayanatpur, and Ranhera. The estimated budget for the project is Rs 15,000- 20,000 crores. The Airport is expected to start its operation by 2022-23.