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Delhi's second airport project takes off, phase-1 to be completed by 2024

Zurich airport will invest Rs 4,666 crore in the first phase of the project

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The first phase is expected to be completed early 2024, and will cater to 12 million passengers, Daniel Bircher, Chief Executive Officer of Zurich Airport International Asia said

Arindam Majumder New Delhi

4 min read Last Updated : Oct 08 2020 | 8:22 AM IST

Delhi’s second airport project hit the runway on Wednesday, after a concession agreement for starting work on the airport was signed between the Government of Uttar Pradesh and Zurich Airport International.

The first phase is expected to be completed early 2024, and will cater to 12 million passengers, Daniel Bircher, Chief Executive Officer of Zurich Airport International Asia said.

Zurich Airport International currently holds 100 per cent shareholding in the Noida airport project.

Last year, it had outbid the Delhi International Airport Limited (DIAL), Adani Enterprises and Anchorage Infrastructure Investments Holdings Limited to win the 40-year concession for the Noida

Topics : Delhi airport Uttar Pradesh Adani Enterprises

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