Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T
Tata Projects will build the national capital region’s new airport at Jewar, after outbidding the Shapoorji Pallonji Group and Larsen & Toubro for the contract. While the deal size has not been disclosed, sources pegged it at over Rs 6,000 crore.
Tata Projects, the infrastructure and construction arm of the Tata group, will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the Noida International Airport.
The company is learnt to have scored higher than the rival bidders under the quality and cost-based selection criteria.
“With the award of this EPC contract, our project enters the next phase, which will witness a rapid increase in the pace of construction activities on site.
