Noida International Airport awards 30-year concession to Indian Oil Skytanking Ltd (IOSL) for setting up the fuel farm and hydrant system

 

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 Vision live/ Delhi, Dec 07, 2021

 Noida International Airport has awarded Indian Oil Skytanking Ltd (IOSL) a 30-year concession to design, build, and operate fuel infrastructure, including multi-user fuel farm and hydrant system for the airport. This partnership will help NIA provide aviation turbine fuel cost-efficiently and under an open access model to its airline partners. Under this agreement, IOSL will build facilities which will include 10,000 m3 of fuel-storage tanks with an inbuilt flexibility to increase the capacity rapidly as per air traffic demand and supported by an underground hydrant system connecting all aircraft stands, remote and contact, with fuel pipelines, thereby enhancing safety of the airside. Keeping to Noida International Airport’s promise of building an environmentally conscious airport ecosystem and India’s first truly digital airport, IOSL will be able to accommodate sustainable aviation fuel (SAF) and manage movements via a digital command and control centre. Mr. Christoph Schnellmann, Chief Executive Officer, Yamuna International Airport Private Limited said, “We are pleased to partner with Indian Oil Skytanking Ltd (IOSL) for these key airport facilities. Owing to the strong technical proposal and best-in-class operating plan, the fuel farm will enable us to provide cost-effective jet fuel to our partner airlines. Our vision is to provide quick, efficient processes and best value to passengers, airlines, and shippers. In line with our focus on sustainable operations, the fuel farm will provide for sustainable aviation fuel. We are committed to be India’s leading airport in terms of customer service, efficiency, digital services and minimal impact to the environment.” Mr. T S Dupare, Chief Executive Officer, Indian Oil Skytanking Ltd said, “We at Indian Oil Skytanking are excited to partner with Noida International Airport, one of the most awaited airports in India. The scope of this partnership will involve the development of modern aviation fuel infrastructure, comprising of a multi-user fuel farm and hydrant system. This proposed development of fuel infrastructure, which will be purpose built for NIA, will enhance the value proposition of the airport, and will cater to the needs of all Stakeholders. We will extend our complete support & cooperation to NIA in its vision to serve as a sustainable airport, which is the need of the hour for the whole aviation industry. We are now awaiting speedy construction of the airport which will be a benchmark for a digital, sustainable and state-of-the-art-airport for the whole country."

Zurich Airport International

Zurich Airport International AG, a 100% subsidiary of Flughafen Zürich AG, is successfully developing and operating award-winning airports in Latin America, the Caribbean and in India. The company is invested in multiple airport concessions and is providing operations and management contracts as well as advisory in all fields of airport development and management. Flughafen Zürich AG, a major player in aviation, commercial and real estate, is the owner and operator of Switzerland’s main transportation hub and gateway to the world. The company is listed on the SIX Swiss Exchange with a market cap of approx. CHF 5bn.

Yamuna International Airport Private Limited (YIAPL)

YIAPL is a 100% subsidiary of Zurich Airport International AG, which has been incorporated as a Special Purpose Vehicle (SPV) to develop the greenfield Noida International Airport. The Government of Uttar Pradesh has signed the concession agreement with YIAPL to develop Noida International Airport (NIA) at Jewar. The company is responsible for implementing the Public-Private Partnership project together with the Government of Uttar Pradesh, New Delhi Okhla Industrial Development Authority and Greater Noida Industrial Development Authority.  

About Indian Oil Skytanking

Indian Oil Skytanking (IOSL) is India’s largest independent service provider in the domain of aviation fuel handling at airports. Incorporated on 21^st August 2006, IOSL is the forerunner in implementing the “Open Access Model” in fuel farm operations and “Single Man Refuelling” in India. The company handles jet fuel on behalf of oil marketing companies (OMCs) and airlines. From its incorporation in 2006 and starting up of operations at its first location in Bangalore International Airport (BIAL), IOSL today operates at 23 locations across India. IOSL is an ISO 9001 & 14001 accredited organization. The company won the award for “Best Aviation Fuel Service Provider” at the Wings India 2020 ceremony, organized by FICCI and Ministry of Civil Aviation. The company has a 70% market share at the key airports of Delhi, Mumbai and Bangalore and a 40% market share Pan-India in handling aviation fuel.