NHAI arm may award 15 logistics park deals over the next three years

National Highways and Logistics Management Ltd (NHLML), a special purpose vehicle (SPV) that the National Highways Authority of India (NHAI) fully owns, plans to award 15 more contracts on multimodal logistics parks over the next three years in public-private partnership (PPP) mode. The parks will have a 50:50 funding model.

“There are 35 multimodal logistics parks planned across the country with a capital allocation of Rs 50,000 crore. Tenders are being issued for Chennai, Bengaluru, Indore, and Nagpur this fiscal year. The Jogigopha logistics park in Assam has started construction (this is over and above the 15 to be awarded),” Prakash Gaur, chief executive officer (CEO), NHLML, said.