The Yamuna Expressway Industrial Development Authority (Yeida) is fast-tracking land acquisition for the maintenance, repair and overhaul (MRO) centre, a crucial part of the second phase of the Noida International Airport, officials aware of the development.
According to officials, Yeida has already acquired 814 hectares of land out of the total 1,365 hectares required for this project.
Last year, the Uttar Pradesh cabinet approved the MRO policy to expedite the installation of facilities at the airport.
The state government envisions Noida airport as a major hub for air operations, cargo transfers and MRO services.
“We have acquired 814 hectares of 1,365 hectare land which will be used for the MRO center project. We have expedited work on this project as we are likely to issue a global tender by October 20 to finalize a company that will develop and operate this mega project, part of the Noida International Airport, which is likely to become operational next year. “said Arun Vir Singh, CEO of Noida International Airport Limited (NIAL) and Yeida.
Yeida has already distributed $2,800 crores in compensation $3,900 crore for the 814 hectares of land acquired. “The distribution of compensation for the rest of the land is underway so that we can complete the acquisition at the earliest,” added Balram Singh, additional district magistrate of Gautam Budh Nagar.
Yeida has notified 6,000 hectares of Jewar area along the Yamuna Expressway for the development of a civil aviation hub. Of which 1,334 hectares of land in phase I have already been acquired and handed over to Yamuna International Airport Private Limited, which will complete the airport works and start operations on September 29, 2024.
“In the second phase, 1,365 hectares of land will be handed over to the civil aviation department for the development of the MRO center which is expected to attract investors from all over the world. The MRO center will create jobs and boost the local economy in this region,” Singh said.
The administrator is acquiring these 1,365 hectares of land from villages including Jewar Bangar, Madalpur, Faileda, Karauli, Tirthali, Dhanpura and Mahndipur among others.
“There are at least 13,000 farming families who own the 1,365 hectares of land needed for the MRO centre. These families will be rehabilitated in a township to be built on 212 hectares of land in Madalpur village along the Yamuna Expressway area. We are completing the formalities to rehabilitate these farmers,” Singh said.
Once the global tender is released, the MRO center development process is expected to take 2-3 years following the necessary procedures.