Jan 04 2008
Launching of Airport at Noida!
Noida will very soon emerge as a hot-spot on the map. There is a possibility of a greenfield airport in Uttar Pradesh about 60 kms from the national capital, with the Union Cabinet tonight agreeing to a Mayawati government proposal in this regard.
After sending this proposal in 2001 by the state government, the technical evaluation of the 1,500 hectare site has been conducted, this has since been identified.
A techno-feasibility study and project to the Civil Aviation Ministry is submitted by Mayawati’s govt. in july for setting up the airport near Greater Noida.
A meeting of the Cabinet, chaired by Prime Minister Manmohan Singh, approved in-principle the state government`s proposal which has been vetted by the Civil Aviation Ministry, official sources said.
Titled as the Taj International Aviation Hub, the GoM would include Finance Minister P Chidambaram, Law Minister H R Bharadwaj, and Science and Technology Minister Kapil Sibal to look into the legal issues.
As per the proposal, the private firm will have 74 per cent equity in the joint venture. State government through the sponsor would have 13 per cent and central agencies like the Airports Authority of India the remaining 13 per cent.
It also approved meeting the cost of hiring or chartering of choppers from state-owned Pawan Hans Helicopters Ltd by providing a subsidy of Rs 13.10 crore annually by the Union Territory Administration and the Union Home Ministry.

