Delhi Airport Concession Agreement

In January 2006, following an international tender procedure, the consortium was awarded the concession to operate, manage and develop Indira Gandhi International Airport (IGIA). On 4 April 2006, DIAL concluded an Operations, Management and Development Agreement (OMDA) with the Aviation Authority of India. The initial term of the concession is 30 years and may be extended for a further 30 years. The contract was made on the basis of BOOT. IGIA was awarded by the ACI for the year 2014 as the best airport in the world in the category 25-40 million passengers per year (MPPA) in the Airport Services Awards (ASQ). The airport went from an ASQ score (measured on the scale of 1 to 5) of 3.02 in 2007 to 4.90 in 2014. It took second place in 2011, 2012 and 2013. The airport also received two awards for “The Best Airport in Central Asia/India” and “Best Airport Staff in Central Asia/India” at the prestigious Skytrax World Airport Awards 2015. Asked if this was the right time to build an airport, given that the International Air Transport Association estimates that passenger numbers will not reach pre-Covid levels until 2024, Bircher said the estimates apply to international traffic. NIAL is a joint venture between UP, Noida, Greater Noida and the Yamuna Expressway Industrial Development Authority to create an international airport in the Green Prairie in public-private partnership mode.

Uttar Pradesh and Zurich Airport International (ZAI) today signed a 40-year concession contract for the construction of an airport in Jewar, a suburb of Delhi. Jewar Airport will provide 12 million passengers a year from its opening day in 2024, Daniel Bircher, chief executive of Yamuna International Airport Private Limited, said on Wednesday. YIAL, a special purpose vehicle founded by ZAI, will operate Jewar Airport. In November 2019, ZAI was granted the right to build and manage Jewar Airport. He won the contract because he agreed to pay Noida International Airport Limited (NIAL) 400.97 per passenger. Adani Enterprises Limited rated ₹360 and Delhi International Airport Limited ₹351. Bircher spoke to the media after the concession contract was signed. Work at the airport is expected to begin next year, officials said.

“Indian domestic travel will recover at a different speed and 90 percent of the traffic at Jewar Airport will be inside the country,” he said, adding that it is difficult to give an accurate breakdown on how many passengers will travel to Delhi Airport and how many to Jewar Airport to come. In March 2010, DIAL completed the construction of an integrated passenger terminal (Terminal 3). The first phase of the airport is designed to accommodate 60 million passengers per year (mppa) and is capable. This development was the first phase of the airport`s expansion. In the following phases, the airport will be developed with increasing passenger demand and other terminals and runways will be added in a modular way to a U-shaped complex with an ultimate design capacity of 100 million passengers per year. In addition to the modernization of existing terminals, DIAL has already adopted on 25 September 2008, a new runway 11-29 was commissioned at IGIA. . . .