Tata Projects has been shortlisted to construct the terminal, runway, and various other airside and landside facilities at the Noida International Airport in Jewar.
The infrastructure and construction arm of Tata group is said to have scored higher than rival bidders – Larsen & Toubro and Shapoorji Pallonji group under the quality and cost-based selection criteria that are being followed for the selection of the contractor.
Currently, negotiations are underway between the shortlisted bidder and Noida International Airport (NIA) and the contract award could take place after two to three weeks, a source said.
“We are still in the process of selecting an EPC contractor for the development of Noida International Airport. We will share information on the contractor once a final decision has been taken,” NIA said in a statement.
In April 2021, Noida airport invited bids for engineering, procurement, and construction of the terminal, runway, and various other works.
Tata Projects is executing critical road, rail, and metro projects in the country. It has also been selected for the construction of the new parliament building in Delhi.
But its experience in airport construction space is limited. In 2018 it won the contract for the construction of a new terminal building at Prayagraj airport in Uttar Pradesh and is credited for completing the project in a record 11 months.
In November 2021, Prime Minister Narendra Modi laid the foundation stone of Jewar. Spread over 1334 hectares the airport will have a single runway in phase I and will be capable of handling twelve million passengers annually. The airport is expected to get operational by 2024.
The project is being developed as a public-private partnership between Zurich Airport and Uttar Pradesh government. Zurich Airport is investing INR 5,700 crore for phase I and has tied up around INR 3,725 crore in debt from the State Bank of India for the project.
The airport will be strategically located at about 72 km from Indira Gandhi International Airport, Delhi; about 52 km from Noida, about 130 km from Agra and about 90 km from Multi-Modal Logistics Hub at Dadri.
YIAPL commenced the groundwork on the airport soon after Prime Minister Narendra Modi laid the foundation stone for this project in Nov 2021. YIAPL has so far completed the construction of 9km of the 17km-long boundary wall around 1,334 hectares of land on which the greenfield is being developed. The ground has also been completely levelled.