India, March 19 -- NOIDA The Uttar Pradesh government has imposed a penalty of Rs.10 lakh per day on Yamuna International Airport Private Limited (YIAPL) - the operator of Noida international airport - over delays in the construction of the key facility that is coming up in Jewar, officials said on Tuesday.
The airport was earlier set to begin operations from September 2024, but the concessionaire received a three-month grace period till December of that year due to construction setbacks caused by the Covid-19 pandemic. However, with the airport set to miss a revised deadline of April, UP chief minister Yogi Adityanath enforced the penalty - which will come into effect as of January 1 this year - under the concession agreement.
Official...
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