Latest News | NHAI Inks Pact to Develop Multi-modal Logistics Park at Nagpur at Rs 673 Crore
Get latest articles and stories on Latest News at LatestLY. State-owned NHAI has signed an agreement to develop a multi-modal logistics park (MMLP) in Nagpur at a cost of Rs 673 crore, an official statement said on Tuesday.
New Delhi, Dec 12 (PTI) State-owned NHAI has signed an agreement to develop a multi-modal logistics park (MMLP) in Nagpur at a cost of Rs 673 crore, an official statement said on Tuesday.
The statement further said that this project is poised to be the first MMLP in Maharashtra under the PM Gati Shakti National Master Plan.
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"NHAI has signed an agreement with M/s DC Multi-Modal Park (Nagpur) Limited, an SPV of M/S DeltaBulk Shipping India Pvt Ltd, for the development of Multi Modal Logistics Park (MMLP) in Nagpur.
"The MMLP will be developed in an area of 150 acres under the Public Private Partnership model at an estimated cost of Rs 673 crore," it noted.
According to the statement, the MMLP will provide facilities, such as warehouses, cold storages, intermodal transfers, handling facilities for container terminals, and bulk/break-bulk cargo terminals, along with value-added services.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)