Multi Modal Logistics Park development agreement signed

21 Jun 2023 CW Team

The MMLP, located near Pithampur in the Dhar district, spans an area of 255.17 acres and is being developed under the Public-Private Partnership (PPP) mode, specifically the Design-Build-Finance-Operate-Transfer (DBFOT) model. The estimated total project cost is Rs 11.106 billion.

Pratul Sinha, the executive director of the Madhya Pradesh Industrial Development Corporation (MPIDC), stated, "An agreement was signed on Monday with the developer G R Logistics Park, appointed with a concession period of 45 years for the development and operation of the MMLP and the SPV. The project aims to enhance logistics efficiency and multimodal connectivity in line with the vision of the PM Gati Shakti initiative. The MMLP will generate employment opportunities and foster the growth of industrial activities."

The SPV consists of the National Highways Logistics Management (NHLML), Rail Vikas Nigam (RVNL), and the Madhya Pradesh Industrial Development Corporation (MPIDC).

The agreement was signed in the presence of Manish Singh, Principal Secretary of the Industrial Policy and Investment Promotion Department, Prakash Gaur, CEO of NHLML, Ashish Jain, COO of NHLML, officials from the National Highways Authority of India (NHAI) and RNVL, as well as representatives from the concessionaire.

The MMLP is an integrated facility designed to handle various logistics activities and facilitate the distribution of goods for both national and international transportation across multiple modes.

According to an official release, the facility is projected to handle 12.79 Million Metric Tons (MMT) of cargo over a period of 45 years. It will greatly boost industrial development in nearby areas such as Indore, Ujjain, Dewas, Dhar, Pithampur, Khandwa, and Barwani.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Recently, the Special Purpose Vehicle (SPV) responsible for the development of the Multi Modal Logistics Park (MMLP) entered into an agreement with G R Logistics Park, the appointed developer. The objective is to develop the park in three phases, with the first phase set to be completed by 2025, thereby commencing commercial operations.The MMLP, located near Pithampur in the Dhar district, spans an area of 255.17 acres and is being developed under the Public-Private Partnership (PPP) mode, specifically the Design-Build-Finance-Operate-Transfer (DBFOT) model. The estimated total project cost is Rs 11.106 billion.Pratul Sinha, the executive director of the Madhya Pradesh Industrial Development Corporation (MPIDC), stated, An agreement was signed on Monday with the developer G R Logistics Park, appointed with a concession period of 45 years for the development and operation of the MMLP and the SPV. The project aims to enhance logistics efficiency and multimodal connectivity in line with the vision of the PM Gati Shakti initiative. The MMLP will generate employment opportunities and foster the growth of industrial activities.The SPV consists of the National Highways Logistics Management (NHLML), Rail Vikas Nigam (RVNL), and the Madhya Pradesh Industrial Development Corporation (MPIDC).The agreement was signed in the presence of Manish Singh, Principal Secretary of the Industrial Policy and Investment Promotion Department, Prakash Gaur, CEO of NHLML, Ashish Jain, COO of NHLML, officials from the National Highways Authority of India (NHAI) and RNVL, as well as representatives from the concessionaire.The MMLP is an integrated facility designed to handle various logistics activities and facilitate the distribution of goods for both national and international transportation across multiple modes.According to an official release, the facility is projected to handle 12.79 Million Metric Tons (MMT) of cargo over a period of 45 years. It will greatly boost industrial development in nearby areas such as Indore, Ujjain, Dewas, Dhar, Pithampur, Khandwa, and Barwani.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..