Pod taxi project connecting film city to Noida airport to cost Rs 862 cr
ROADS & HIGHWAYS

Pod taxi project connecting film city to Noida airport to cost Rs 862 cr

According to the detailed project report (DPR) submitted to the Yamuna Expressway Industrial Development Authority (Yeida), the pod taxi project will cost about Rs 862 crore to boost the connectivity between the Jewar airport and the film city in Greater Noida.

As per the DPR, the length of the corridor for the ambitious project will be 14.5km.

Yeida had roped in Indian Port Rail and Ropeway Corporation Ltd (IPRCL), to prepare a DPR of the pod taxi project in March this year, to support the connectivity between the Jewar airport and the film city.

Yeida, Chief executive officer, Arun Vir Singh, said that this project will provide smooth connectivity to residential and industrial areas falling between film city and the Noida International Airport.

Pod taxis can accommodate four to six passengers per car, which are popular in many western countries According to the Yeida officials, the project was proposed to be constructed on an elevated corridor earlier, but the DPR has recommended it to be built on the surface itself.

Singh further added that only one corridor for pod taxis has been proposed from the airport to film city and return commute. But the DPR has recommended that there should be two corridors for a hassle-free and quick commute.

Since there will now be two corridors, the value of this project has been estimated at Rs 862 crore as against an initial estimate of Rs 300 crore, said the officials.

The corridor will pass through various sectors falling under the Yeida region as per the DPR.

The officials said that the authority wants the pod taxi project to be finished by 2023.

Image Source


Also read: Driverless pod taxis to connect Noida to Jewar airport

According to the detailed project report (DPR) submitted to the Yamuna Expressway Industrial Development Authority (Yeida), the pod taxi project will cost about Rs 862 crore to boost the connectivity between the Jewar airport and the film city in Greater Noida. As per the DPR, the length of the corridor for the ambitious project will be 14.5km. Yeida had roped in Indian Port Rail and Ropeway Corporation Ltd (IPRCL), to prepare a DPR of the pod taxi project in March this year, to support the connectivity between the Jewar airport and the film city. Yeida, Chief executive officer, Arun Vir Singh, said that this project will provide smooth connectivity to residential and industrial areas falling between film city and the Noida International Airport. Pod taxis can accommodate four to six passengers per car, which are popular in many western countries According to the Yeida officials, the project was proposed to be constructed on an elevated corridor earlier, but the DPR has recommended it to be built on the surface itself. Singh further added that only one corridor for pod taxis has been proposed from the airport to film city and return commute. But the DPR has recommended that there should be two corridors for a hassle-free and quick commute. Since there will now be two corridors, the value of this project has been estimated at Rs 862 crore as against an initial estimate of Rs 300 crore, said the officials. The corridor will pass through various sectors falling under the Yeida region as per the DPR. The officials said that the authority wants the pod taxi project to be finished by 2023. Image Source Also read: Driverless pod taxis to connect Noida to Jewar airport

Next Story
Infrastructure Urban

Consistent reforms will foster growth and reduce investor risk

Incorporated in 1986 as a wholly owned subsidiary of State Bank of India, SBI Capital Markets Ltd (SBICAPS) is a SEBI-registered Category I merchant banker and research analyst. It offers the entire bouquet of investment banking and corporate advisory services under one umbrella, covering project advisory and structured financing, capital markets, mergers and acquisitions, private equity, ESG advisory, startup advisory and stressed assets resolution. Headquartered in Mumbai, SBICAPS has seven regional offices of which six are in India (Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata and New ..

Next Story
Infrastructure Urban

Adani Group Invests $240M in Global Skills Academy

The Adani Group has announced a partnership with ITE Education Services (ITEES) of Singapore to establish a world-class talent pipeline for industries such as Green Energy, Manufacturing, Hi-tech, Project Excellence, and Industrial Design. The initiative will see an investment of over $240 million by the Adani family to set up internationally benchmarked schools of excellence, named Adani Global Skills Academy. These finishing schools will train students from technical and vocational backgrounds, equipping them with industry-relevant certifications. Graduates will have employment opportunities..

Next Story
Infrastructure Urban

Swiggy to Invest $120M in Scootsy for Expansion

Food and grocery delivery giant Swiggy Ltd announced on Friday that it will invest up to $120 million in its wholly owned subsidiary Scootsy Logistics in one or more tranches. Scootsy specializes in supply chain services and distribution, including warehouse management, in-warehouse processing with value-added services, and order fulfillment for wholesalers and retailers. "We wish to inform that the Board of Directors of the company, at its meeting held on Friday, February 21, 2025, has approved the investment by the company in the equity shares of Scootsy Logistics Private Limited, a wholly..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?