Swiss firm Zurich Airport outbids Adani, DIAL to win Jewar airport project

Jewar airport at its full capacity is projected to cater to over 70 million passengers per annum with six runways and will be competitor to GMR- owned DIAL

Zurich Airport International, which operates eight airports across the world including one in Zurich, has won the bid to build Jewar airport. Set to become the largest airport of the country, it will be located some 80 km away from Delhi’s Indira Gandhi International Airport  (IGIA). 

Zurich Airport offered to pay Rs 400.97 per passenger, beating two of India’s top infrastructure firms Adani Enterprises and GMR Infra, which bid Rs 360 and Rs 351 per passenger, respectively. The other participant — Prem Watsa-owned Fairfax—bid Rs 205. The revenue has to be paid to the Yamuna Expressway Industrial Development Authority (YEIDA) —