Switzerland’s Zurich Airport International AG on Friday emerged as the highest bidder for the proposed international airport at Jewar, Uttar Pradesh, on the outskirts of Delhi, sparking hopes for the long-delayed project and the development of the area around it… The Swiss firm will invest more than ₹4,663 crore for the airport’s first phase, which will take four years to be completed. — Mint

Other bidders included a GMR Group-led consortium also including Delhi International Airport Ltd (DIAL), as well as Adani Enterprises and Anchorage Infrastructure Investments Holdings.

DSK Legal advised Zurich Airport International AG led by a team of partners Anuja Tiwari and Anjan Dasgupta, principal associate Mallika Anand and associates Ritesh Anand, Amoolya Khurana and Aman Raj.

2019-11-01

Deal value: Rs 4,663 crores

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