Jewar International Airport achieves financial closure

Noida Airport project is being funded on a debt-equity ratio of 65:35. Zurich Airport International AG (ZAIA), a fully owned subsidiary of Flughafen Zurich AG, is the main shareholder of YIAPL and is injecting ₹2,005 crore as equity into the airport development. CEO, YIAPL, Christoph Schnellmann informed that they are delighted to have signed the financing agreements with SBI and NIA Ltd (NIAL) to develop Noida International Airport.
CEO, NIAL, Arun Vir Singh remarked that the achievement of financial closure is a crucial milestone and they are eagerly waiting to build India's leading airport that will boast of quality, efficiency, technology, and sustainability. The company is set to move ahead with a vision to co-create world-class aviation infrastructure.