Four bidders evince interest in Jewar airport

Adani Enterprises Limited, the Fairfax India Holdings Corporation, Anchorage Infrastructure Investments Holdings and GMR Infrastructure Limited are the four bidders that have qualified for the Jewar greenfield airport in Greater Noida, Uttar Pradesh. The bids for the airport were invited by Noida International Airport Limited, the special purpose vehicle (SPV) formed for its execution. The Yamuna Expressway Industrial Development Authority, the implementing agency for the project, will select the bidder on the basis of the highest monthly per passenger fee that the concessionaire will offer to the state government. Once finalised, the airport will be developed in four phases and is expected to be completed by 2040.