UP Cabinet Decision: Rs 2890 Crore Sanctioned For Noida Airport

UP Cabinet Decision: Rs 2890 crore sanctioned for Noida International Jewar Airport land

A total of 1185.6914 hectares of private is to be acquired and acquired for the first and second phases of Noida International Airport Jewar.

The government has approved a total of Rs 2890 crore for this. Along with this, a proposal for the release of a sum of Rs 1084 crore to District Magistrate Gautam Budh Nagar has also been approved.

It has been decided that all government departments will give their land and assets free of cost to the Civil Aviation Department for this project.

UP Cabinet Decision: Cabinet has also decided to waiver stamp and registration fee including the prescribed fee on land conversion between departments.

Of the total 1363.4543 hectares of land proposed for the first and second phase of Jewar Airport.

The 36.5459 hectares of land registered in the revenue records of Yamuna Expressway Industrial Development Authority is to be transferred by the Authority to the Civil Aviation Department.

The Governor has approved the proposal of registering the name of the Director of Civil Aviation and exempting it from stamp and registration fees.

At the same time, in the context of Noida, Greater Noida, and Yamuna Expressway Authority, the process has been set to purchase land on the basis of mutual agreement with the landowners.

It has been decided in the process of 124.8214 hectares of government or Gram Sabha land falling between the proposed land for transfer through acquisition, acquisition, purchase, and free transfer to the Civil Aviation Department.

Apart from this, various charges for acquisition, acquisition, purchase, reclamation, exchange, exchange for airport expansion have been exempted.

On the other hand, the Chief Minister has been authorized for its administrative and financial approval on receipt of the actual estimate of the amount required for rehabilitation and resettlement from the District Magistrate Gautam Buddha Nagar.

UP Cabinet Decision: now power companies will be able to take loans up to seven thousand crores; Tharu community also got solid houses.

UP Cabinet Decision: Uttar Pradesh Power Corporation Limited and Vidyut Vitran Nigam will now be able to take a maximum loan of up to seven thousand crore rupees.

With its help, she will be able to pay the dues of Central Electricity Producers, Central Transmission Producers, IPP, and RE Generators as of 30 June 2020, like the Self-reliant India Scheme.

The cabinet approved the proposal to get the maximum amount of additional special long-term transitional loan of Rs. Seven thousand crore from REC, PFC, and banks by Power Corporation and Power Distribution Corporations.

Not only this, for the withdrawal of loans taken by Power Corporation Limited and Allied Power Distribution Corporations.

The State Government will provide a government guarantee for the entire payment including interest and other dues of the total loan, and waive the guarantee fee in view of adverse circumstances.

The proposal was also approved. It has also been decided to authorize the Additional Chief Secretary Energy Department by the Council of Ministers to issue necessary commitments, action plans and sign a quadrilateral contract on behalf of the state government.