Civil aviation minister Ashok Gajapathi Raju said at a press briefing in New Delhi on Saturday that "in-principle clearance has been granted" for the airport. Multiple political parties have tried to piggyback on the project for gaining votes and the issue also resulted in a tussle between the state and Centre in 2013, as people anxiously waited for the promise to be fulfilled.Setting up an worldwide airport in Greater Noida will ease traffic at the Indira Gandhi global Airport in Delhi. The airport is expected to cater to 30-50 million passengers per year over the next 10 to 15 years.
The state government along with Yamuna Expressway Industrial Development Authority will bear the land procurement cost.
The first phase of the project would require around 1,000 hectares of land, the minister said.
After coming to power, the new government is batting for more infrastructure in the state.in April, Uttar Pradesh chief minister Yogi Adityanath had asked officers to work on building airports in Agra and Jewar and hold discussions with the Centre on the matter, PTI had reported earlier.More news: President Trump's approval ratings at new low
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After the Centre's nod, the onus will be on the U.P. government to prepare a techno-economic feasibility report for the project within a year, and acquire land for it.
The announcement comes a day after the Steering Committee on Greenfield Airports, headed by Civil Aviation Secretary R.N. Choubey accorded in-principle approval for the project based on a proposal submitted by the recently elected state government of Uttar Pradesh.
According to the Operation Management and Development Agreement (OMDA) that GMR signed with its IGIA partner, AAI, the former will have the RoFR in case an airport is built within 150 km of the existing one.
The airport project had been hanging fire since 2003 due to lack of interest on the part of both the central and state governments.
However, Raju said that the project which is expected to be developed on a Public Private Partnership (PPP) model, will provide the GMR-led consortium with the "First Right of Refusal" at the time of the bidding.