Construction of Jewar airport in Greater Noida will begin full swing in December 2018 – much before the Uttar Pradesh Government’s schedule on the agenda and far in advance of 2019 Lok Sabha elections.
In accordance with the preponed deadline, Yamuna Expressway Industrial Development Authority (YEIDA), on Friday, conscripted specialist services of the firm, EY (formerly Ernst & Young) to develop a techno-economic feasibility report (TEFR) for the projected airport.
Prabhat Kumar, chairman of YEIDA says, “EY has been awarded the mandate to conduct TEFR for the project and the report is to be submitted by April 2018. We are targeting to call for bids in July and lay the foundation stone of the project in December”. “EY will also help us get the environmental clearance for the project,” Kumar said
Among those invited by YEIDA to bid for the airport TEFR, KPMG came second, followed by Deloitte at the third slot.
By means of space, the Jewar airport is poised to come up as the largest airport in India. In the beginning stage of the project around 4,000 acres of land will come under construction. The supplement stages will witness construction on the remaining stipulated area, in addition to other services.