Swiss firm wins bid to develop Jewar airport

Swiss firm wins bid to develop Jewar airport
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Zurich Airport International AG will develop the Jewar airport on the outskirts of Delhi, officials said after the Swiss company on Friday outbid competitors like Adani and DIAL for what is billed to be the biggest airport in the country.

Noida: Zurich Airport International AG will develop the Jewar airport on the outskirts of Delhi, officials said after the Swiss company on Friday outbid competitors like Adani and DIAL for what is billed to be the biggest airport in the country.

The Switzerland-headquartered company that runs Zurich airport made the highest per passenger bid, beating Delhi International Airport Limited (DIAL), Adani Enterprises and Anchorage Infrastructure Investments Holdings Limited, the officials said.

The airport in Uttar Pradesh's Gautam Buddh Nagar district will be the third in the National Capital Region after Delhi's Indira Gandhi International Airport and in Ghaziabad's Hindon.

The Jewar Airport or the Noida International Greenfield Airport will be spread over 5,000 hectares when fully built at an estimated to cost Rs 29,560 crore, Shailendra Bhatia, the project's nodal officer said.

"Zurich Airport International AG has made the highest bid for developing the Jewar airport and has been selected as the concessionaire for the airport," he added.

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