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.

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.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Real Estate

09 Mar 2026

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Infrastructure Energy

09 Mar 2026

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..