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Airport Ltd.
Group-2
INTRODUCTION
The airport will handle twelve million passengers per annum (MPA) initially and up to 60–120
MPA, after its expansion over a period of 30 years. It will be the third commercial airport in the
National Capital Region, after Indira Gandhi International Airport and Hindon Airport.
NEED & BACKGROUND OF
AIRPORT
The UDAN-1 round led to the commencement of 16 regional conne ctivity scheme routes
Under UDAN-2 to 78 airports of which 36 are currently serviced, 13 are underserved and 29
are unserved aircraft. This round led to 25 new airports being connected through the regional
connectivity scheme.
Successful in their bids include Indigo, Zoom Air, Turbo Aviation, Heritage, Jet Airways,
Ghodawat, Skyone, Heligo Charters, AAA Aviation, Pinnacle Air, MEHAIR and Pawan Hans
India will have the third fastest growing aviation market by 2036, with 337 million new fliers
taking the country's total passenger count to 478 million.
The need for the project arises from the constraints encountered by the present IGI Airport at
Delhi in terms of catering the increasing demand in the NCR Region.
Increasing air traffic and spurt in the rate of domestic and international passengers have
constrained the operations of IGI Airport
Project Information
Start Year
2021
Completion
Phase 1: 2025
Phase 2: 2032
Phase 3: 2037
Project Type
New International Airport
Location
Jewar, Noida, Uttar Pradesh
Estimated Investment
Phase 1: INR 10,050crores
Phase 2: INR 3,537 crores
Phase 3: INR 4,079 crores
SPONSORS
The Noida Authority, the Greater Noida Authority, the
Uttar Pradesh government, the Yamuna Expressway
Authority, Zurich Airport International
FINANCING
State Bank of India
Financial Viability
Like most other airport projects in India, Noida International Airport has a
negative NPV in the first 20 years.
The main objective of this project is to promote Uttar Pradesh's trade and
commerce by providing better connectivity both domestically & internationally.
Also, it shall help ease the burden of increasing traffic faced by Indra Gandhi
International airport.
Based on our calculation the NPV for the first 20 years of the project is (INR
3867.48).
Risk and Mitigation Strategy
Risk and Mitigation Strategy
Yamuna
International
Airport Private
Limited (YIAPL)
Social Impact
Environment
There is no clarity over the fate of 63 wetlands measuring above 2.25 hectares within a radius of 15km of
the airport.
Over 1.07 % of the total population of Sarus Cranes will be in danger when the airport will become fully
operational.
Habitat improvement and Scientific research are the two major conservation strategies suggested by WII.
Alternative sites will be allocated on scientific advisory and wetland management plan to keep ecological
values intact.
25 Cr annually will be spent by the government for conservation and an additional 10 Cr will be provided
every year by corporates as part of their CSR.
Government
Economic output due to enhanced investor confidence/ demand for industrial development near the
airport is estimated to be around INR 35000 crores.
The tax revenue from the airport from various sources such as restaurants and retail, Passenger lounges
Parking, Paid taxis/Buses, etc service works out to be around INR 8,000 crores.
The cost of land acquisition for the development of the project till phase 2 is INR 15,200 crore.
An 8+8 lane airport corridor for enhancing road connectivity will be built for around INR 740 crore.
A total of 3367 hectares of land will be acquired by the government of which agricultural land is 1288
hectares.
The number of families affected by the project will be 4281 of which 2377 families will be displaced.
A social impact management plan is designed by various ministries of the central and state government.
In this plan Resettlement and Rehabilitation Policy 2007 will be followed to provide compensation to
Category 1 and Category 2 people.
Social Impact