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The decision was taken in authority’s board meeting on Saturday.
Arun VirSingh, CEO of the authority told ET that PwC will study the financial implication of the expansion.
“They have been given four months time for the study. Currently, two runways are proposed, but we want to see the feasibility of 4 or 6 runways. No airport in the country has six runways,” Singh said.
Zurich Airports has won the contract to build and operate Jewar Airport in Greater Noida, which will act as the second airport for Delhi, for a period of 40 years that includes construction period of four years in the first phase.
The Uttar Pradesh government has earmarked about 5000 hectare land in Jewar on Yamuna express for aviation and transport hub. About 1300 hectare land will be handed over to Zurich Airports for the development of airport in the first phase.
The Jewar airport in Greater Noida will act as a second airport for the capital city, where, a study carried out by government said, that the existing airport is set to exhaust its capacity of over 100 million by 2023-24 – the airport in Jewar is expected to start operations around the same time.
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