Multi-modal Logistics Park to be awarded in Chennai
WAREHOUSING & LOGISTICS

Multi-modal Logistics Park to be awarded in Chennai

Bidding for the proposed Chennai Multi-Modal Logistics Park (MMLP) will be closed on August 10. They will be evaluated with the first MMLP under the Bharatmala programme, awarded later this month, as per reports. After the award of the project, the private sector will invest around ₹7.83 billion for the Chennai MMLP. Bids for the Nagpur and Bengaluru MMLPs are expected to close soon too. The Bengaluru MMLP will require an investment of Rs 9.36 billion from the private sector and will be awarded in September. The Nagpur MMLP will need a private sector investment of Rs 5.99 billion and is expected to be awarded in October.
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Bidding for the proposed Chennai Multi-Modal Logistics Park (MMLP) will be closed on August 10. They will be evaluated with the first MMLP under the Bharatmala programme, awarded later this month, as per reports. After the award of the project, the private sector will invest around ₹7.83 billion for the Chennai MMLP. Bids for the Nagpur and Bengaluru MMLPs are expected to close soon too. The Bengaluru MMLP will require an investment of Rs 9.36 billion from the private sector and will be awarded in September. The Nagpur MMLP will need a private sector investment of Rs 5.99 billion and is expected to be awarded in October.Also read: Three railroad projects proposed under PM GatiShakti for reliable logisticsLeasing in logistics and industrial sectors fell by 9% YoY

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