7 Sept 2024
The Jewar airport was to be operational by September 2024, but the deadline has been reset for April 2025.
As per the concession agreement between the airport operator Yamuna International Airport Private Limited (YIAPL) and the Uttar Pradesh government, the airport was supposed to start operations on September 30th. A grace period of 91 days was allowed, but the additional delay resulted in a penalty effective September 30th.
A major reason for the delay is the holdup in awarding the engineering procurement and construction (EPC) contract. It was finally awarded to Tata Projects in June 2022. YIAPL may apply for an aerodrome license in December to be legally eligible to operate an aerodrome, a place where aircraft flight operations take place.
YIAPL is a wholly owned subsidiary of Zurich Airport International AG. Noida International Airport Limited (NIAL) is a special purpose entity of the UP government managing the new airport development. NIAL issued a separate notice to YIAPL for extending the deadline without consulting them first.