This story is from December 10, 2017

YEIDA handed over Rs 330 crore to acquire land for Jewar airport

YEIDA handed over Rs 330 crore to acquire land for Jewar airport
GREATER NOIDA: The Noida Authority has handed over Rs 330 crore to Yamuna Expressway Industrial Development Authority to start the process of land acquisition in Jewar for the international airport. In a meeting held on December 5, the Uttar Pradesh cabinet had approved the disbursal of money to YEIDA.
CEO, YEIDA, Arun Vir Singh, after receiving the draft from Noida Authority, has sent a formal proposal to district magistrate B N Singh to start the process of acquiring land for the project.
According to sources, the DM will seek a government notification invoking Section 4 of the Uttar Pradesh Land Acquisition Act, 2013.
According to YEIDA officials, the process for completing proceedings under Section 4 of the Land Acquisition Act will be completed within two weeks. “The farmers will be paid compensation as per the Act and will also be rehabilitated as per the norms,” he said.
For the first phase of the 3,000-hectare four-phase project, at leats 1,206 hectares has to be acquired across eight villages. These villages include Runhera, Kishorepur, Mukim Sivara, Dayanatpur, Rohi, Parohi, Ramner and Banwariwaas, Singh said. “To acquire this land, YEIDA will require nearly Rs 3,000 crore. We have already consulted a Central government agency— Housing and Urban Development Corporation Limited—for a loan. We are awaiting directions from the state government regarding this,” he said.
Meanwhile, bids for the techno economic feasibility report (TEFR) will be opened on December 18. “We have also amended the timeline for preparing and submitting the TEFR, which will be within 12 weeks,” said Singh.
The international airport, which is expected to be in place by 2023, is billed to cater to 30-50 million passengers per year over next 10-15 years. The civil aviation ministry expects Jewar airport to give a boost to connectivity in the whole of western Uttar Pradesh, which will in turn bolster tourism and economic potential of the region.
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About the Author
Vandana Keelor

Vandana Keelor is a principal correspondent at The Times of India. Her abilities encompass a flexibility to tell stories across multiple platforms. She covers general news in the Gautam Budh Nagar district, which includes the cities of Noida and Greater Noida. She reports and writes on development, crime, politics and people. She enjoys gardening, travelling, reading and listening to music.

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