Noida International Airport awards 30-year concession to Indian

Noida International Airport awards 30-year concession to Indian Oil Skytanking Ltd (IOSL) for setting up the fuel farm and hydrant system

Noida International Airport has awarded Indian Oil Skytanking Ltd (IOSL) a 30-year concession to design, build, and operate fuel infrastructure, including multi-user fuel farm and hydrant system for the airport. This partnership will help NIA provide aviation turbine fuel cost-efficiently and under an open access model to its airline partners.

Under this agreement, IOSL will build facilities which will include 10,000 m3 of fuel-storage tanks with an inbuilt flexibility to increase the capacity rapidly as per air traffic demand and supported by an underground hydrant system connecting all aircraft stands, remote and contact, with fuel pipelines, thereby enhancing safety of the airside. Keeping to Noida International Airport’s promise of building an environmentally conscious airport ecosystem and India’s first truly digital airport, IOSL will be able to accommodate sustainable aviation fuel (SAF) and manage movements via a digital command and control centre.

Mr. Christoph Schnellmann, Chief Executive Officer, Yamuna International Airport Private Limited said, “We are pleased to partner with Indian Oil Skytanking Ltd (IOSL) for these key airport facilities. Owing to the strong technical proposal and best-in-class operating plan, the fuel farm will enable us to provide cost-effective jet fuel to our partner airlines. Our vision is to provide quick, efficient processes and best value to passengers, airlines, and shippers. In line with our focus on sustainable operations, the fuel farm will provide for sustainable aviation fuel. We are committed to be India’s leading airport in terms of customer service, efficiency, digital services and minimal impact to the environment.”

Mr. T S Dupare, Chief Executive Officer, Indian Oil Skytanking Ltd said, “We at Indian Oil Skytanking are excited to partner with Noida International Airport, one of the most awaited airports in India. The scope of this partnership will involve the development of modern aviation fuel infrastructure, comprising of a multi-user fuel farm and hydrant system. This proposed development of fuel infrastructure, which will be purpose built for NIA, will enhance the value proposition of the airport, and will cater to the needs of all Stakeholders. We will extend our complete support & cooperation to NIA in its vision to serve as a sustainable airport, which is the need of the hour for the whole aviation industry. We are now awaiting speedy construction of the airport which will be a benchmark for a digital, sustainable and state-of-the-art-airport for the whole country."

Zurich Airport International AG signs shareholder

 Zurich Airport International AG signs shareholder 

agreement for the development of Noida International Airport

Progressing further towards the development of Noida International Airport (NIA), the shareholder agreement between Zurich Airport International AG (ZAIA) and Noida International Airport Limited (NIAL) was signed in Lucknow today. Shri Arunvir Singh, CEO NIAL, and Mr. Christoph Schnellmann, CEO YIAPL, signed the agreement in the presence of the Honorable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath; Shri Rajendra Kumar Tiwari, Chief Secretary, Government of Uttar Pradesh; and Shri S.P. Goyal, Additional Chief Secretary, Government of Uttar Pradesh.

As per the agreement, NIAL will hold one golden share in Yamuna International Airport Pvt Ltd (YIAPL) and the right to nominate two directors to the board. The directors to be added to the board will be Dr. Arun Vir Singh, CEO NIAL, and Mr. Vishak Iyer, Director Civil Aviation, Government of Uttar Pradesh.

The shareholder agreement marks another important milestone for the Noida International Airport project and the much-awaited aviation infrastructure in the NCR region and in Uttar Pradesh. Jointly committed, ZAIA and the UP Government are developing Noida International Airport as an upcoming world-class airport. The agreement also underpins the state government’s support to establish and continuously improve surface access to the airport, establish and expand utilities required to run the airport (water, electricity, wastewater), maintain law and order, including monitoring at the airport and grant the necessary clearances to build and operate the airport.

At the occasion, Shri Yogi Adityanath, Honourable Chief Minister, Government of Uttar Pradesh said, “The signing of the shareholder agreement is the next step in the direction of progress for the state. Noida International Airport will be the benchmark for a modern, world-class airport in India. It will accelerate the development of industrial infrastructure, boost tourism, promote exports, ease air traffic and lead to creation of more jobs in the state. It will generate multi-dimensional progress, leading to economic development in Uttar Pradesh”.

Mr. Arunvir Singh, Chief Executive Officer, NIAL said, “The shareholder agreement with Zurich Airport International AG (ZAIA) is yet another stride towards developing a truly world-class airport in Uttar Pradesh. We all are eagerly awaiting the beginning of construction of the airport, which will herald economic growth and job opportunities in the state. We are confident that NIA will be the benchmark for a digital, sustainable and state-of-the-art airport not only for the state but for the whole country”.

 

Mr Daniel Bircher, Chief Executive Officer, Zurich Airport International AG said, “We are pleased to sign the shareholder agreement, which strengthens the partnership between ZAIA and NIAL. The Noida International Airport will be an engine of economic growth for India and Uttar Pradesh, stimulating residential and industrial activities in the catchment area as well as the development of cargo and logistics cluster in the NCR region. This agreement reaffirms UP government’s commitment to provide road & rail connectivity along with other various utilities and to ensure safety and security for the upcoming Noida International Airport.”

 

Mr Bircher further added, “ZAIA is a committed partner for India’s growth, and we see tremendous opportunities to invest and support India’s national agenda through infrastructural development and job creation. We are invested in India’s aviation ecosystem and are working closely with the Government of Uttar Pradesh and Government of India to build a passenger friendly, digital and green airport with a seamless logistics ecosystem.”

 

NIA is envisaged to become India’s first net zero emission airport and is very pleased with the proactive stance taken by the UP government in its UP solar energy policy 2017. NIA is striving to make air travel more affordable for airlines and passengers by building the infrastructure in a sustainable and cost-effective manner using renewable energy. The state government’s support through measures such as VAT/ GST exemptions on procurement of equipment related to renewable energy, on cross-subsidy charges, wheeling/transmission charges as well as on open access charges will help make NIA’s sustainability investments financially viable. Last month, Yamuna International Airport Pvt Ltd (YIAPL) received the final credit sanction for INR 3725 crore from the State Bank of India (SBI) for the development of Noida International Airport (NIA).

 

 

Zurich Airport International AG

Zurich Airport International AG is a 100% subsidiary of Flughafen Zurich AG – a listed company that operates Zurich Airport as a diversified business and licensee of the Swiss Confederation. The company has a workforce of over 1,500 employees.

Zurich Airport is Switzerland’s gateway to the world. Over 31 million people arrived at, transferred via or departed from the airport in 2019, making it not only the region’s most important transport hub, but also the leading meeting place. With around 280 companies employing almost 27,000 people, Zurich Airport is a key economic driver for the region.

 

Yamuna International Airport Private Limited

YIAPL is a 100% subsidiary of Zurich Airport International AG, which has been incorporated as a special purpose vehicle (SPV) to develop the greenfield Noida International Airport. The Government of Uttar Pradesh has signed the concession agreement with Yamuna International Airport Private Limited (YIAPL), to develop Noida International Airport (NIA) at Jewar. The company is responsible for implementing the Public-Private Partnership project together with the Government of Uttar Pradesh, New Delhi Okhla Industrial Development Authority and Greater Noida Industrial Development Authority.

 

About Noida International Airport Limited

Noida International Airport Limited was incorporated on 28.08.2018 as Joint Venture of Government of Uttar Pradesh (through Department of Civil Aviation, GoUP), NOIDA, Greater NOIDA, and Yamuna Expressway Industrial Development Authority (YEIDA) in ratio of 37.5:37.5:12.5:12.5 with objective to set-up a Green Field International Airport and facilitating other aviation related activities in Gautam Buddha Nagar district in the State of Uttar Pradesh. The Present Authorised Capital of the Company is Rs. 10,000 Crore. The business and operation of the Company is managed by Board of Directors consisting 7 members as under:

1	Chief Secretary, Govt. of Uttar Pradesh	Chairman
2	CEO, NOIDA	Director
3	CEO, Greater NOIDA	Director
4	CEO, Yamuna Expressway Development Authority	Director
5	Secretary (or Officer nominated by), Infrastructure and Industrial Development Dept., Govt. of Uttar Pradesh	Director
6	Secretary (or Officer nominated by), Finance Department, Govt. of Uttar Pradesh	Director
7	Director, Civil Aviation, Govt. of Uttar Pradesh	Director

Yamuna International Airport Pvt Ltd secures financing from

 Yamuna International Airport Pvt Ltd (YIAPL) secures financing from State Bank of India (SBI) for the development of Noida International Airport (NIA)

Yamuna International Airport Pvt Ltd (YIAPL) received the final credit sanction for INR 3725 crore from the State Bank of India (SBI) for the development of Noida International Airport (NIA). The funding is a crucial milestone for the project as it validates the financial viability of the project while also outlining the next steps for the establishment of the Noida International Airport.

Mr. Christoph Schnellmann, Chief Executive Officer, Yamuna International Airport Private Limited said, “We are extremely delighted to partner with the State Bank of India, the country’s largest bank, for financing the development of the Noida International Airport. The entire loan of INR 3725 crore has been underwritten by SBI on a door-to-door loan tenor of 20 years. We look forward to working closely with SBI to develop NIA as a world class airport in India. The project will not only boost the Indian economy but will also help in employment generation in Uttar Pradesh and Delhi NCR region”.

The airport is being developed in close partnership with Government of Uttar Pradesh and Government of India. UP government’s continued support towards the project has been vital in the process so far. YIAPL now looks forward to the conclusion of UP government’s resettlement and rehabilitation process and the start of construction of the airport. This partnership will bring progress to the State of Uttar Pradesh and will bolster the Indian aviation’s growth story.

Zurich Airport International AG (ZAIA), a fully owned subsidiary of Flughafen Zurich AG, is the main shareholder of YIAPL and is injecting INR 2005 crore into the development of NIA. With this significant foreign direct investment, ZAIA consolidates its role as a leading global airport operator with experience in three continents, benchmarked quality and innovations and successful global projects. The investment substantiates ZAIA’s strong belief in India’s growth story, and its commitment to invest and support India’s national agenda through infrastructural development and job creation.

Zurich Airport International AG

Zurich Airport International AG, a 100% subsidiary of Flughafen Zurich AG – a listed company that operates Zurich Airport as a diversified business and licensee of the Swiss Confederation. The company has a workforce of over 1,500 employees.

Zurich Airport is Switzerland’s gateway to the world. Over 31 million people arrived at, transferred via or departed from the airport in 2019, making it not only the region’s most important transport hub, but also the leading meeting place. With around 280 companies employing almost 27,000 people, Zurich Airport is a key economic driver for the region.

Yamuna International Airport Private Limited

YIAPL is a 100% subsidiary of Zurich Airport International AG, which has been incorporated as a Special Purpose Vehicle (SPV) to develop the greenfield Noida International Airport. The Government of Uttar Pradesh has signed the concession agreement with Yamuna International Airport Private Limited (YIAPL), to develop Noida International Airport (NIA) at Jewar. The company is responsible for implementing the Public-Private Partnership project together with the Government of Uttar Pradesh, New Delhi Okhla Industrial Development Authority and Greater Noida Industrial Development Authority.

Noida International Airport begins the pre-qualification

                        Noida International Airport begins the pre-qualification
                        process for airport development and construction tender

 

Yamuna International Airport Private Limited (YIAPL) is undertaking the engineering, procurement, and construction of NIA Phase- 1 (i.e., 12 million passengers per annum capacity) under various packages pursuant to a two-stage international competitive e-tender process.

YIAPL is inviting responses to its e-Request for Qualification (“e-RFQ”) from financially sound, experienced, and reputed contractors to short-list the tenderers for award of – engineering, procurement, and construction of terminal and associated works (Package- 1), and airside, landside, and associated works (Package- 2), in accordance with terms and conditions of the e-RFQ.

 

Yamuna International Airport Private Limited (YIAPL) has been granted the right to develop, operate and maintain the Noida International Airport (NIA) on DBFOT basis.

Interested parties can download the e-RFQ upon successfully registering at YIAPL’s e-portal, accessible at: https://niairport.abcprocure.com

 

The notice inviting responses to e-RFQ is also available at: https://niairport.in/newtenders/

 

For further clarification, interested parties can communicate at tenders@niairport.in.

Yamuna International Airport’s proposed term loans rated

 Yamuna International Airport’s proposed term loans rated
at ‘Provisional IND A-’/Stable by India Ratings

India Ratings and Research (Ind-Ra) has rated Yamuna International Airport Private Limited’s (YIAPL) proposed term loan as Provisional IND A- and stable. The rating reflects the moderate construction risk, significant traffic growth potential in the Delhi-National Capital Region, the stable regulatory regime of the sector, the strong financial profile and long-standing experience of the sponsor ZAIA in the airport sector as well as a suitable debt structure of the project.

Yamuna International Airport Private Limited (YIAPL) considers that this credit rating testifies Zurich Airport International’s (ZAIA) commitment to support the India growth story, and the importance of experienced and financially sustainable investors for the strategically important aviation sector in a very challenging market environment.

YIAPL is committed to building a world-class airport in India which will play the role of a catalyst for the economic growth of India & Uttar Pradesh. The investment in Noida International Airport (NIA) will fuel the economy in NCR, Greater Noida, and the state of Uttar Pradesh, thereby also generating substantial direct and indirect job opportunities in the region. NIA will be a digital greenfield airport, enabling seamless flows through the airport, a pleasant travel experience as well as tailored-made and efficient infrastructure for its logistics partners. Once fully constructed, the Noida International Airport will be a thriving international airport serving the National Capital Region of Delhi and the fast-developing Yamuna Expressway Industrial Development area between Delhi and Agra.

With the investment in the Noida International Airport project, Zurich Airport International commits to be a trusted partner for the Government of India and the Government of Uttar Pradesh by supporting the national agenda through infrastructure development and job creation. Zurich Airport International AG is the sole shareholder of YIAPL. YIAPL was incorporated as a Special Purpose Vehicle (SPV) to develop the greenfield Noida International Airport in Jewar.

In October 2020, the Government of Uttar Pradesh signed the concession agreement with ZAIA, a 100% subsidiary of Flughafen Zürich AG, to commence the development of the Noida International Airport at Jewar for a period of 40 years. ZAIA received the security clearance from the Union Ministry of Home Affairs to develop the Noida International Airport at Jewar in May 2020, after winning the contract to build and operate Noida International Airport (DNIA) in Greater Noida in November 2019.

Resources: (India Ratings, Official Press Release: “India Ratings Assigns Yamuna International Airport’s Proposed Term Loans ‘Provisional IND A-’/Stable”.

https://www.indiaratings.co.in/PressRelease?pressReleaseID=53973&title=india-ratings-assigns-yamuna-international-airport%E2%80%99s-proposed-term-loans-%E2%80%98provisional-ind-a-%E2%80%99%2Fstable

Zurich Airport International and UP Govt welcomes

 Zurich Airport International and UP Govt welcomes
Noida International Airport as the official airport name, logo unveiled

 Zurich Airport International and UP government have finalised the nomenclature of the greenfield airport at Jewar as – Noida International Airport. The name and logo were finalised in the presence of Honourable Chief Minister of Uttar Pradesh -Shri Yogi Adityanath.

The brand logo is a symbol that shows a Sarus Crane - the state bird of UP - in flight. The symbol is created using thin uniform converging lines with a blue-green colour gradient fill symbolising technology and connectivity on one hand and eco-consciousness on the other. The upward movement denotes positivity and upliftment of experience. The logo effectively combines technology with emotions while lending sophistication and elegance. The logo echoes Noida International Airport’s vision to be India’s leading airport in terms of quality, efficiency, technology and a role model for sustainable infrastructure and operations, delivering an exemplary experience to all customer segments.

Mr. Christoph Schnellmann, Chief Executive Officer, Yamuna International Airport Private Limited said, “We are pleased to finalise Noida International Airport as the official brand name for the upcoming airport at Jewar. The logo is the true reflection of building India’s leading airport which is an amalgamation of efficiency, technology and a sustainable and eco-friendly infrastructure, while keeping a symbol of Uttar Pradesh at the core. We would like to thank the Government of Uttar Pradesh for their support in the process, as this will help us build the brand identity and recall value of the airport across customers and stakeholders”.

In November last year, Zurich Airport International AG (ZAIA) won the contract to build and operate the airport in Greater Noida for a period of 40 years, which includes construction period of four years in the first phase. ZAIA received the security clearance from the Union ministry of home affairs to develop the Noida International Airport at Jewar in May this year. Last week, a consortium of Nordic, Grimshaw, Haptic and STUP has been selected as the architect team to design the airport.