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CCEA to develop Shendra Bidkin Industrial Area
01 Jul 2015
1 Min Read
CW Staff
The Cabinet Committee on Economic Affairs (CCEA)approved the construction of trunk infrastructure components and landscaping for Phase-I of the Shendra Bidkin Industrial Area (SBIA) in Maharashtra´s Shendra region. The total cost of the project, spread across 8.39 sq km in Maharashtra in the Delhi Mumbai Industrial Corridor (DMIC), is estimated to be approximately Rs 1533.45 crore, which will be invested by the DMIC Trust as equity in the city or node SPV, viz, Aurangabad Industrial Township Ltd (AITL). Development of Trunk Infrastructure in Phase-I proposed to commence in FY2015-16 and is likely to be completed by FY2017-18.
The Cabinet Committee on Economic Affairs (CCEA)approved the construction of trunk infrastructure components and landscaping for Phase-I of the Shendra Bidkin Industrial Area (SBIA) in Maharashtra´s Shendra region. The total cost of the project, spread across 8.39 sq km in Maharashtra in the Delhi Mumbai Industrial Corridor (DMIC), is estimated to be approximately Rs 1533.45 crore, which will be invested by the DMIC Trust as equity in the city or node SPV, viz, Aurangabad Industrial Township Ltd (AITL). Development of Trunk Infrastructure in Phase-I proposed to commence in FY2015-16 and is likely to be completed by FY2017-18.
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