First phase of MMLP to be completed and put into operation by 2025
G R Infraprojects Limited has been awarded Rs.1,110.58 crore Multi Modal Logistics Park (MMLP) on a 255.17-acre site near Pithampur in Dhar district of Madhya Pradesh.
It is located near to Pithampur industrial area, Apparel and Pharma cluster and abutting the Indore Tihi-Dahod rail line as well as proposed Mhow ring road, 30-km from Indore Airport and Indore city.
Estimated to cost Rs.1,110.58 crore, the project is proposed to be developed in PPP (Design, Build, Finance, Operate and Transfer) mode wherein a Developer has 45-year Concession for developing and operating the MMLP with an estimated cost of Rs.758.10 crore, the Ministry of Road Transport and Highways (MoRTH) said on 1 Mar 2023.
A Government SPV is being formed amongst National Highways Logistics Management Limited (NHI-ML), Rail Vikas Nigam Limited (RVNL) and Madhya Pradesh Industrial Development Corporation (MPIDC).
The SPV will provide land for the MMLP, external rail, road connectivity as well as Water and Power supply etc. The MMLP is being provided with 4 lane access from Mhow – Neemach four lane state highway and rail siding of 6.5-km from Sagore Railway station.
The first phase of the three-phase MMLP will be completed and operationalized by 2025.
It will handle 12.79 million Metric Tonne (MMT) cargo in the horizon period of 45 years and will give huge boost to the industrial zones in the catchment region such as Indore, Ujjain, Dewas, Dhar, Pithampur, Khandwa and Barwani.
As an outcome of Logistics Efficiency Enhancement Programme study (LEEP), the MoRTH in partnership with other line Ministries and State Governments is developing MMLPs at 35 strategic locations across the country under the Bharatmala Pariyojana.
MMLPs are lower transportation cost by enabling a seamless modal shift from road to rail and vice versa, lower handling costs due to presence of best in class modern and mechanized handling infrastructure, reduce secondary freight costs by co-location of container yard, warehouses, silos, cold storages and value-added services along with custom facility.
G R Infraprojects Limited, with main offices in Udaipur, Gurugram and Ahemdabad, is one of the fastest growing organizations in the Indian infrastructure sector, with over 25 years of legacy. fiinews.com