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.

Related Post

latest News

  • SC Justice AK Sikri nominated Executive Chairman of National Legal Services Authority

    As per a recent Notification issued by the Department of Justice, Ministry of Law and Justice, Hon’ble Justice AK Sikri, Judge, Supreme Court of Ind...

    Read More
  • Pratigya Campaign marks International Day for Elimination of Violence against Women Unified voice to break Silence around Abortion

    Violence against women and girls (VAWG) is one of the most widespread, persistent and devastating human rights violations in our world today remains l...

    Read More
  • SC Dismisses Center’s Plea Challenging TDSAT Order

    The Supreme Court has dismissed the central government’s petition which had challenged a TDSAT order instructing it to refund around Rs 104 crore to...

    Read More