Noida Airport Operator Being Fined ₹10 Lakh/Day for Delays: Report
In a move to expedite the construction of the Noida International Airport Limited (NIAL) in Jewar, the Uttar Pradesh government has imposed a daily penalty of ₹10 lakh on Yamuna International Airport Private Limited, the airport’s operator. The decision was reportedly taken after a review meeting presided over by Chief Minister Yogi Adityanath. The move comes as the airport is set to initiate domestic flight services in May and the construction delays have raised concerns about the project’s timeline.
As per a report by News18, the UP government has slapped a daily fine of ₹10 lakh on Yamuna International Airport Private Limited for the delays in the construction of the Noida International Airport. The report suggests that the decision was made during a review meeting, which was attended by Chief Minister Yogi Adityanath, among other officials.
The Noida International Airport is being built in Jewar, which is approximately 70 kilometers south of New Delhi. The airport is expected to be a major infrastructure project in the region, and its construction has been underway since 2020. However, the project has faced several delays, which have raised concerns about its completion timeline.
The UP government’s decision to impose a daily fine of ₹10 lakh on the airport’s operator is aimed at ensuring that the construction work is completed on time. The fine is a significant amount, and it is expected to act as a deterrent for the operator to speed up the construction work.
The Noida International Airport is expected to initiate domestic flight services in May, and the construction delays have raised concerns about the project’s timeline. The airport is expected to be a major hub for domestic and international flights, and its delay could have significant implications for the region’s aviation industry.
The airport’s operator, Yamuna International Airport Private Limited, has been facing several challenges, including land acquisition issues and delays in obtaining necessary clearances. However, the UP government’s decision to impose a daily fine is expected to put pressure on the operator to complete the construction work on time.
The Noida International Airport is expected to be a major infrastructure project in the region, and its construction is expected to create thousands of jobs. The airport is also expected to boost the region’s economy by providing better connectivity to the region.
The UP government’s decision to impose a daily fine on the airport’s operator is a clear indication of its commitment to ensuring that the project is completed on time. The fine is expected to act as a deterrent for the operator, and it is expected to expedite the construction work.
In conclusion, the UP government’s decision to impose a daily fine of ₹10 lakh on the Noida International Airport’s operator is a significant development in the project’s timeline. The fine is expected to act as a deterrent for the operator, and it is expected to expedite the construction work. The Noida International Airport is expected to be a major infrastructure project in the region, and its construction is expected to have significant implications for the region’s aviation industry.
