The Noida International Airport, set to be inaugurated by Prime Minister Narendra Modi, will ease congestion at Delhi's Indira Gandhi International (IGI) Airport and serve as a major boost to the country's logistics sector.
Spread over 11,742.45 acres, the airport will have an 87-acre multi-modal cargo hub, a 40-acre maintenance, repair, and operation hub, and will be the most energy-efficient project of its kind.
Upon completion, the airport will have an ultimate capacity to serve 225 million passengers per annum, serving as a key catalyst for economic growth and connectivity across NCR.
The airport is planned to be developed in two stages, with capacity expanded from 70 million passengers to 225 million over the two stages.
A 40-year concession agreement was signed between NIAL and Yamuna International Airport Pvt Ltd (YIAPL) for development of Stage 1, which includes four phases across 1,334 hectares with two runways and a final handling capacity of 70 million passengers per annum.
