Deal Street

December 02, 2019

DSK Legal act for Zurich Airport International AG in its bid for Jewar Airport


[ by Legal Era News Network ]

DSK Legal Logo

Switzerland’s Zurich Airport International AG emerged as the highest bidder for the proposed international airport at Jewar, Uttar Pradesh, on the outskirts of Delhi.

DSK Legal advised Zurich Airport International AG with respect to its bid to develop the Greenfield Noida International Airport at Jewar on a design, build, finance, operate and transfer basis. The bid was floated by Noida International Airport Limited.

The Jewar Airport or the Noida International Greenfield Airport will be spread over 5,000 hectares when fully built at an estimated to cost of Rs. 29,560 crore according to the project’s nodal officer.

After winning the bid, Zurich Airport AG said in its press release that it will participate in the expected growth of the Indian aviation market and will implement its best practices developed in Switzerland while maintaining the local Indian values.

DSK Legal assisted in inter alia (i) review of the bid documents including the RfQ cum RfP and the concession agreement; (ii) review and submission of the technical and financial bid; (iii) liaising with the concessioning authority; (iv) advising on the transaction structure and the structuring of the special purpose vehicle to be formed; and (v) highlighting the risks in the transaction.

The team representing DSK Legal comprised of Partners Anuja Tiwari and Anjan Dasgupta; Principal Associate Mallika Anand and Associates Ritesh Anand, Amoolya Khurana and Aman Raj.

latest News

  • Bombay High Court Rejects Vijay Mallya’s Plea Against Orders Passed Against Him Under Fugitive Economic Offenders Act

    The Bombay High Court has refused to grant a stay on proceedings before a special court about confiscation of properties of embattled liquor tycoon Vi...

    Read More
  • SAM, AZB represent Fractal Analytics, Apax Funds in $200m investment deal

    Funds advised by Apax Partners (the “Apax Funds”) had on January 16 announced a definitive agreement to invest USD 200m for a significant minority...

    Read More
  • Delhi High Court Issues Notice To Citizen Whistleblowers’ Forum Seeking Response To Indiabulls Perjury Application

    The Delhi High Court has issued notice to the Citizen Whistleblowers’ Forum over a perjury application filed by Indiabulls, and asked it to file its...

    Read More