India’s central government has approved the public-private partnership (PPP) concession agreement for the greenfield Noida Jewar airport in Uttar Pradesh.
A government order has been forwarded by the Civil Aviation Department after a nod from the state cabinet. An allotted land will be given on a 90-year lease to the Noida International Airport Limited that will determine its private partner.
The state government will also provide financial and administrative clearance for the acquisition of lands and the shifting of the villages.
Country updates
-
-
December 11, 2018
Government of Thiruvananthapuram rejects Trivandrum International Airport concession proposal
The state company in Kerala State in India, Thiruvananthapuram Corporation, has passed a resolution rejecting the proposed privatization of Trivandrum International Airport (TIA). TIA i...
Read more -
December 10, 2018
Surbana Jurong and Mitsubishi Corporation to set up fund management company
Surbana Jurong Capital, the newly established financial services arm of Surbana Jurong and Mitsubishi Corporation signed an agreement to set up a fund management company (FMC). The FMC will be a 50:50...
Read more -
December 10, 2018
ICD halts $1bn Africa fund with IL&FS
Saudi-based Islamic Corporation for the Development of the Private Sector (ICD) halted plans for US$ 1 Billion fund with Infrastructure Leasing and Financial Services Group (IL&FS) Energ...
Read more -
December 05, 2018
India prepares for privatization of six airports
The government of India has decided to tender PPP concessions for six airports located around the country: Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. The Airport Authorit...
Read more -
December 04, 2018
Maharashtra Government extends Ahmednagar-Aurangabad road concesion
The Government of Maharashtra has extended the concession period for the Ahmednagar-Aurangabad road (SH-60) project of Ashoka Buildcon. The extension of the project will start on Decemb...
Read more
