Archive · 22 May 2025
YEIDA to Raise Funds for Noida Airport Connectivity
YEIDA is planning to raise Rs 10,000 crore through infrastructure bonds to fund connectivity projects for the Noida International Airport.
These projects include a rapid rail line, a rail link, and other multi-modal connectivity projects.
The funds will help connect the airport with Delhi, Gurgaon, and other areas.
YEIDA received a BBB+ rating for its bonds, which indicates a moderate safety level.
The organization is seeking transaction advisors to help with the bond issuance process.
The UP government has provided an interest-free loan, and a dedicated debt service reserve account has been set up to ensure timely debt servicing.
YEIDA will raise Rs 10,000 crore via infrastructure bonds.
Funds will support a rapid rail line, rail link, and other projects.
The projects aim to connect Noida International Airport.
YEIDA received a BBB+ rating for its infra bonds.
The total estimated cost of the projects is Rs 23,000 crore.
- Who
- Yamuna Expressway Industrial Development Authority (YEIDA)
- What
- YEIDA is raising Rs 10,000 crore through infrastructure bonds for airport connectivity projects.
- When
- Not explicitly mentioned
- Where
- Noida, including connectivity to the Noida International Airport, Ghaziabad, Jewar, Chola, Rundhi, Delhi and Gurgaon.
- Why
- To finance key connectivity projects for Noida International Airport and integrate the region with Delhi and other areas.
- Amount to be raised via bonds
- Rs 10,000 crore
- Bond duration
- 10 years
- YEIDA's bond rating
- BBB+
- Estimated total project cost
- Rs 23,000 crore
- Rapid rail line route
- Ghaziabad to Jewar
- Rail link connects
- Chola and Rundhi