RIL bags project to develop Mappedu MMLP in Tamil Nadu

Reliance Industries Ltd (RIL) has been awarded the project to develop Tamil Nadu’s first multi-modal logistics park (MMLP) at Mappedu in Thiruvallur district of the state, the government said last week. MMLP Chennai is being developed in an area of 184.27 acres. “MoRTH has made significant progress under this National Master Plan and embarking on the same, MMLP Chennai at Mappedu being developed in 184.27 acres is 1st MMLP awarded to Reliance Industries Ltd for which Prime Minister laid the foundation stone,” the Ministry of Road Transport & Highways (MoRTH) said in a statement. “The estimated project cost is Rs 14.24 billion. Total concession period is 45 years,” the statement said. Under the PM Gati Shakti National Master Plan (NMP), the road transport ministry is developing 35 multi-modal logistics parks, out of which 15 MMLPs are prioritised in the next three years. According to the statement, MMLPs by the road ministry also lay the groundwork for developing such large-scale infrastructure projects in public-private partnership mode, for which both the Centre and the state have come together and a special purpose vehicle has been formed between the National Highways Logistics Management Ltd, Rail Vikas Nigam Ltd, Chennai Port Authority, and Tamil Nadu Industrial Development Corporation. The special purpose vehicle will provide four-lane highway connectivity of 5.4 km with an estimated cost of Rs 1.04 billion and a new rail siding to the MMLP site of 10.5-km length with an estimated cost of Rs 2.17 crore. See also: Welspun inks deal with Karnataka for logistics parkGIC and ESR sign a JV to invest in logistics and industrial assets