The National Highways Authority of India has invited bids for the construction of greenfield road connectivity to the upcoming international airport in Jewar in Noida at ₹1,533 crore investment. The proposed connectivity will be from the DND-Faridabad Ballabgarh Bypass KMP Link Spur to the in-progress Delhi-Mumbai Expressway. The bids have been invited under the Hybrid Annuity Model (HAM) whereby 40 percent of the estimated cost will be provided by the government to the winning bidder. The eligible firms will be able to bid for the project till 11:00 hrs on March 3, 2022.
The PM had laid the foundation stone for the airport being developed by the Yamuna International Airport (YIAPL), a 100% subsidiary of the project’s Swiss concessionaire Zurich International Airport AG and upon completion will be the only other international airport in the national capital region apart from Delhi’s Indira Gandhi airport The airport project is proposed to be built in four phases. The first phase of the project is expected to be completed by 2024 when one runway would become operational. The cost of the first phase is expected to be ₹5,730 crore and it would cater to 12 million passengers per year. By the end of phase 4, the project would have the capacity to handle 70 million passengers per year.