Although the Indira Gandhi International (IGI) airport remains the one with the most air traffic in India. A new airport in Jewar might surpass the enormity of Delhi IGI. For the construction of this new airport, Zurich Airport International, which already operates eight airports across the world, including the one in Zurich has won the bid for the biggest airport in the country which is set to be even bigger than Delhi IGI. The Jewar airport will be situated 80 Kms away from Delhi IGI airport.
Jewar Airport to be India’s Biggest
To win the bid for the biggest airport in India, Zurich has said to pay Rs 400.97 per passenger thus outbidding the other two biggest infrastructure firms in India, Adani and GMR. While Adani bid Rs 360 per passenger, GMR bid Rs 351 per passenger. The nodal agency building the airport, Yamuna Expressway Industrial Development Authority (YEIDA) will be the one receiving the amount.
Zurich Will Build New Jewar Airport
After this bid, as per Zurich’s statement, it will bring top practices from Switzerland and integrate them with Indian values. It is also worth noting that this is not the first time that Zurich has entered the Indian market. Almost a decade back, the infrastructure firm had entered into a consortium in which it held 17% stake and was involved in the building and maintenance of Bengaluru airport. It was also involved in a tie-up with Essel Infraprojects to bid for the second airport at Goa and also with Hiranandani Group to bid for the new airport in Navi Mumbai.
The Jewar airport will be designed to handle over 70 million passengers per annum with six runways and will be a competitor to the GMR owned Delhi International Airport Limited (DIAL).