Reliance Industries will build India's First Multimodal Logistics Park

Reliance Industries Limited (RIL) has acquired India's first Multi-Modal Logistics Park (MMLP) which was awarded by the Ministry of Road Transport, and Highways. The proposed state of art freight of Multi Modal Infrastructure facility handling facility that provides access to various modes of transport. It will be developed in three phases with an estimated budget of Rs 783 crores.

MoRTH is a pioneer in building the state of the art multi modal infrastructure and has made significant progress under the NMP and take up the same MMLP Chennai at Mappedu which is located at 52 Km from Chennai Port, 80 Km from Ennore Port, 87 Km from Katupalli Port is being developed in 184.27 acres and it will be the main focal point of logistics in the southern region. 

Multi Modal Logistics Park @ Chennai

It is estimated that around 7.17 Million Metric Tonne (MMT) cargo in next 45 years.It was the first MMLP awarded to RIL in which the Prime Minister has laid foundation for the development of large scale infrastructure projects on May 26  2022.    

The development of these large kind of infrastructure projects in Public Private Partnership (PPP)  Mode for which both the Central and State governments will work together as SPV formed amongst National Highways Logistics Management Limited (NHLM). Three bids was received including Adani group and two bidders are technically qualified financial bid opening.  The Concession Agreement for MMLPs is on DBFOT (Design ,Build, Finance ,Operate and Transfer) Model.

The Project costs Rs 1,424 crore and it facilitate  cost effective, efficient and value added logistics services like Packing, Sorting, Cargo aggregation and dis-aggregation, distribution, inter modal transfer, repacking features.