1. Home
  2. Infrastructure Urban
  3. WAREHOUSING & LOGISTICS
  4. Bids invited for multimodal logistics park in Nagpur
Bids invited for multimodal logistics park in Nagpur
WAREHOUSING & LOGISTICS

Bids invited for multimodal logistics park in Nagpur

04 Jul 2023 2 Min Read CW Team
The centre is inviting bids for the development of Multimodal Logistics Park (MMLP) at Nagpur in Maharashtra at an estimated cost of Rs 352.97 crore. Part of an effort to reduce the high logistics cost of the nation, the MMLP will be developed through Public-Private Partnership on Design, Build, Finance, Operate and Transfer (DBFOT) basis. The selected concessionaire will operate and maintain the logistics park for a period of 45 years, including two years for construction.

The MMLP site in Nagpur will be located in Sindi village of Wardha district, at a distance of 4.1 km from NH-361 and 2.7 km from the Samruddhi Mahamarg. The central location of Napur and its well established connectivity to the economic centres of India through road and rail, provides a location advantage for establishing industries, warehouses and associated facilities to link to ports. The site is abutting NH-353I which connects to NH-361 (Nagpur-Wardha Highway) in the north and the NH-44 (Nagpur-Hyderabad Highway) in the south.

With the total area of the site for development of MMLP to be around 150.39 acres. The park which is anticipated to be developed in Phase manner will see the Phase-1 area of the MMLP cover 76.34 acres, Phase-2 area to cover 36.31 acres and Phase-3 area of 37.76 acres.

The Ministry of Road Transport and Highways (MoRTH), under the Bharatmala Pariyojana, has decided to develop 35 multimodal logistics at some of the highest freight movement regions in the country in order to enhance logistics efficiency across the country. The Ministry’s step of building these MMLPs is aimed to reduce the logistics costs from the current 14% to 8-9% of the gross domestic product (GDP)-making India more competitive on the global stage.

The centre is inviting bids for the development of Multimodal Logistics Park (MMLP) at Nagpur in Maharashtra at an estimated cost of Rs 352.97 crore. Part of an effort to reduce the high logistics cost of the nation, the MMLP will be developed through Public-Private Partnership on Design, Build, Finance, Operate and Transfer (DBFOT) basis. The selected concessionaire will operate and maintain the logistics park for a period of 45 years, including two years for construction.The MMLP site in Nagpur will be located in Sindi village of Wardha district, at a distance of 4.1 km from NH-361 and 2.7 km from the Samruddhi Mahamarg. The central location of Napur and its well established connectivity to the economic centres of India through road and rail, provides a location advantage for establishing industries, warehouses and associated facilities to link to ports. The site is abutting NH-353I which connects to NH-361 (Nagpur-Wardha Highway) in the north and the NH-44 (Nagpur-Hyderabad Highway) in the south.With the total area of the site for development of MMLP to be around 150.39 acres. The park which is anticipated to be developed in Phase manner will see the Phase-1 area of the MMLP cover 76.34 acres, Phase-2 area to cover 36.31 acres and Phase-3 area of 37.76 acres.The Ministry of Road Transport and Highways (MoRTH), under the Bharatmala Pariyojana, has decided to develop 35 multimodal logistics at some of the highest freight movement regions in the country in order to enhance logistics efficiency across the country. The Ministry’s step of building these MMLPs is aimed to reduce the logistics costs from the current 14% to 8-9% of the gross domestic product (GDP)-making India more competitive on the global stage.

Next Story
Infrastructure Transport
22 Nov 2024

Odisha to Get Kharagpur-Visakhapatnam Expressway Soon: Minister

A new greenfield highway connecting Kharagpur in West Bengal and Visakhapatnam in Andhra Pradesh, passing through Odisha, is set to be constructed soon. This expressway is poised to become a vital logistics corridor, enhancing high-speed transportation in the region. Works Minister Prithviraj Harichandan shared that preliminary preparations for the project have already commenced. He emphasised that the expressway would play a crucial role in the Gati Shakti Framework of the Central government, describing it as a groundbreaking initiative in road construction for Odisha. Greenfield roads typi..

Read More
Next Story
Infrastructure Urban
22 Nov 2024

LTTS wins project to develop smart cities in Colorado USA

Mid-sized Indian IT services company L&T Technology Services (LTTS) announced on Monday a strategic partnership with the Colorado Smart Cities Alliance (CSCA) to develop smart city projects across Colorado by integrating innovation and technology. In a regulatory filing, LTTS stated that the collaboration would utilize its advanced engineering expertise to support CSCA's mission of enhancing urban living and creating sustainable ecosystems through smart city solutions. The partnership aims to develop sustainable, efficient, and technologically advanced communities by pooling resources and exp..

Read More
Next Story
Infrastructure Transport
22 Nov 2024

Bengaluru Metro to Expand to 175 km by 2026, Boosting Urban Mobility

Bengaluru’s metro network is set for a major expansion, aiming to extend its total length to 175 km by 2026. This ambitious project is part of the Namma Metro initiative, designed to improve connectivity across the city, alleviate traffic congestion, and promote sustainable urban mobility. The expansion involves constructing new metro corridors, such as the Purple Line and the Outer Ring Road-Airport Line, which will link major city hubs, commercial centres, and residential areas. This development is expected to enhance accessibility for commuters throughout Bengaluru. A key highlight of t..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

Odisha to Get Kharagpur-Visakhapatnam Expressway Soon: Minister
ROADS & HIGHWAYS
22 Nov 2024

Odisha to Get Kharagpur-Visakhapatnam Expressway Soon: Minister

LTTS wins project to develop smart cities in Colorado USA
SMART CITIES
22 Nov 2024

LTTS wins project to develop smart cities in Colorado USA

Bengaluru Metro to Expand to 175 km by 2026, Boosting Urban Mobility
RAILWAYS & METRO RAIL
22 Nov 2024

Bengaluru Metro to Expand to 175 km by 2026, Boosting Urban Mobility

Chennai Metro finishes piling work from Kodambakkam Powerhouse to Porur
RAILWAYS & METRO RAIL
22 Nov 2024

Chennai Metro finishes piling work from Kodambakkam Powerhouse to Porur

Ambuja, ACC stocks plunge after Gautam Adani's US indictments
ECONOMY & POLICY
22 Nov 2024

Ambuja, ACC stocks plunge after Gautam Adani's US indictments

Rajasthan govt and Centre to jointly run extended Jaipur Metro lines
RAILWAYS & METRO RAIL
22 Nov 2024

Rajasthan govt and Centre to jointly run extended Jaipur Metro lines

Hyderabad Civic Body Demolishes Five-Storey Building in Gachibowli
Real Estate
22 Nov 2024

Hyderabad Civic Body Demolishes Five-Storey Building in Gachibowli

Hill highway project to finish by 2026, says PWD minister
ROADS & HIGHWAYS
22 Nov 2024

Hill highway project to finish by 2026, says PWD minister

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000