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Noida International Airport (NIA) in India is to begin construction of its main terminal and runway, reports the India time. The initial terminal will cover 102,000 m2 and the second will be about three times larger, with a planned capacity for the airport of 12 million passengers per year.

The engineering, procurement and construction (EPC) contract for the 3,900 m building and runway has been awarded to infrastructure company Tata Projects Limited (TPL) by Yamuna International Airport Private Limited (YIAPL), a subsidiary of Zurich Airport and the special purpose vehicle put in place to build the airport. TPL will also construct the other ancillary buildings, airside infrastructure and landside facilities.

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Construction is expected to start in August 2022 and be completed within 25 months, with an expected end date of October 2024. The final deadline according to the contract signed by the state government and Zurich AG is September 29, 2024. The The agreement has a late penalty clause of Rs 1,000,000 (USD 12,540) per day.

The entire project is expected to be built in four phases by the end of 2061. By the end of Flughafen Zurich’s 40-year concession period, there would be two terminals and an equal number of runways.

A YIAPL official told the India time, “The airport master plan is prepared to meet demand throughout the 40-year concession period with two runways. The airport will open with a single runway and a terminal with a capacity of 12 million passengers per year. Until the end of the concession in 2061, Noida International Airport will be developed with two parallel runways and additional terminal capacity to serve 70 million passengers. We also plan to develop a land transport hub which will include a multi-modal transport hub, housing metro and high-speed train stations, taxi, bus services and private parking.