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Airport Contruction Greater Noida Update

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Airport Contruction Greater Noida Update

Last updated: August 25 2010
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  • #41

    #41

    Re : Airport Contruction Greater Noida Update

    Originally posted by zohaib View Post
    I doesnt matter...I say...Imagine...NO AIRPORT IN GREATER NOIDA...EVER...so what ????...what difference it makes...I dont see much difference....
    The area from Noida expressway to Greater noida and yamuna expressway is being developed as an education and IT hub...as long as that succeeds and add to that metro along expressway (which is on its track)....and stuff like Formula 1 track, Cricket stadium...(which ONLY help in putting the city on world map )....I see the region going well..no issues

    In actuality the Airport is going to Help One region the most....its AGRA...Not Greater Noida...Agra will benefit maximum...
    Yes as an end user there may not be much difference as there are so many developments happening but as an investor there is a lot. Issue is that Gnida has not been able to get its due and has by and large remained where it was for last 8-10 yrs and large investors who have put there money have lost big time. Now why Gnida is having so many developments is because Mayawati is having a closeness with Gnida for 3 reasons-Firstly she has 100's of acres of land in her family name, Secondly she has a lot of family members staying there and thirdly those big investors need to be given good returns.

    Agra has an airport anyway
    MM

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    • #42

      #42

      Re : Airport Contruction Greater Noida Update

      Latest Update on Livemint.com

      http://www.livemint.com/2010/08/2419...eater.html?h=B


      Traffic projections on Greater Noida airport vary
      The GoM found big differences in traffic projections made by the Uttar Pradesh government and the DIAL on the proposed Greater Noida airport respectively
      New Delhi: A group of ministers on the proposed Greater Noida airport on Tuesday found major differences in air traffic projections submitted by the Uttar Pradesh government and the Delhi International Airports Ltd (DIAL) that runs the IGI Airport.

      The air traffic projections were sought by the GoM from the state government and DIAL to start the process of studying the pros and cons of constructing a greenfield airport within 150 km radius of the Delhi airport.

      “The GoM felt that there was a lot of difference in the projections submitted by the state government and DIAL. Realistic figures are needed.

      “These projections will now be examined by the civil aviation ministry and the Airports Authority of India and experts’ opinion will also be sought,” civil aviation minister Praful Patel told reporters after the meeting.

      The proposed airport, a dream project of chief minister Mayawati, is slated to be christened the Taj International Aviation Hub. It is proposed to come up at Jhevar near Greater Noida, located about 60km from Delhi and 120km from Agra.

      Asked when the next meeting of GoM would be held, Patel said the study of the traffic figures would take about three months. “We will come back to the GoM after this.”

      He said the GoM would first deal with traffic projections and then consider other issues, including the legal aspects of having another airport within a radius of 150km of an existing one.

      According to a latest report prepared by the Uttar Pradesh government, air traffic at the proposed Greater Noida airport in 2011-12 would be 8.65% of the total National Capital Region traffic. The earlier report had projected it at 7.96%.

      The Mayawati government has identified 1,500 hectares for the project, which was estimated to cost about Rs5,000 crore over a year ago. It had also submitted a techno-economic feasibility report to the Centre.

      The GMR-led DIAL had opposed the construction of the Greater Noida Airport saying it would create competition and hurt the Delhi airport where a new terminal has been created.

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      • #43

        #43

        Re : Airport Contruction Greater Noida Update

        News Update

        http://economictimes.indiatimes.com/...ow/6429135.cms

        25 AUG, 2010, 01.36AM IST,ET BUREAU
        GoM defers decision on Greater Noida airport

        NEW DELHI: The first meeting of a group of ministers (GoM) formed to look into the legality of setting up an airport in Greater Noida failed to take any decision on the proposed facility. It is expected to meet again after three months to decide the fate of the project.

        “The UP government and DIAL have given their traffic projections. These will be studied by the government and a team of experts before the GoM meets again to determine the viability of the airport,” Civil Aviation Minister Praful Patel told reporters after the meeting.

        The GoM meeting took place on Tuesday after being postponed thrice earlier for unspecified reasons. It was scheduled initially for May 5, then was deferred to June 6, then to July 15.

        The issue of an international airport at Greater Noida has been hotly debated between the Centre and the government of Uttar Pradesh. The state government wants to build an airport, called the Taj International Aviation Hub, at Jewar in Greater Noida on about 3,700 acres.

        Though the Cabinet had given an in-principle approval to Uttar Pradesh chief minister Mayawati's pet project, the Centre formed the GoM to examine the legality of the proposal vis-a-vis the agreement with the GMR-led Delhi International Airport (Pvt) Ltd (DIAL) that has built Terminal 3 (T3) at the IGI Airport.

        DIAL has expressed reservations about another airport coming up in the region, which would affect its investment of over Rs 12,000 crore in building new international terminal in Delhi. It has cited the current rule that prevents construction of two airports within a distance of 150 km from each other. The T3 is only 70 km far from Jewar.

        Although a second airport could affect DIAL’s business, they also have the RoFR (Right of First refusal) for the Greater Noida airport project. This ensures that GMR gets preference in bidding for the new airport project in case its bid is within 10% of the highest bidder.

        The GoM headed by Home Minister P Chidamabaram has been constituted to examine this issue. Among others, the GoM includes Law Minister Veerappa Moily, HRD Minister Kapil Sibal, Environment Minister Jairam Ramesh and Civil Aviation Minister Praful Patel. The environment and HRD ministers did not attend the Tuesday’s meeting.

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