country’s first multi-modal logistics park (MMLP) under the Bharatmala
Pariyojana in Chennai is likely to be awarded this week, two people aware
of the development said.
one of the people cited above, the evaluation of bids for Chennai MMLP, which
closed on 10 August, is almost over and the
winner will be announced in a a few days time.
It is expected that after award of the
project, it will attract an investment of around ₹782.58 crore.
The successful bidder will manage,
operate, and maintain the MMLP at Chennai for a period of 45 years. National Highway Logistics Management
Limited (NHLM), a 100% owned SPV of National Highways Authority of India, had
received three bids for the Chennai MMLP.
of award for Chennai MMLP will clear the road for start of bidding for two
other such facilities at Nagpur and Bengaluru. The Bengaluru MMLP will
require an investment of ₹935.90 crore while Nagpur MMLP about ₹599.39 crore.
In all, NHLML is developing 35 logistic parks under the Bharatmala
Pariyojana that will attract investment to the tune of ₹70,000 crore.
Feasibility studies are in progress at Mumbai, Pune, Hyderabad, and Coimbatore.
MMLPs are expected to improve the
country’s logistics by lowering overall freight costs and time,
optimising warehousing costs, reducing vehicular pollution and congestion, and
improving tracking and traceability of consignments.
MMLP is strategically located at Mappedu which is the heart of the auto cluster
of Sriperumbudur in Chennai.
Howe Engineering were appointed as consultants to the project.