Reliance Industries Ltd (RIL) has been awarded the project to build India’s first multimodal logistics park (MMLP) in Chennai, Tamil Nadu. A crucial cog in the Centre’s logistics overhaul, the MMLP will be spread over 184 acres and cost Rs 1,424 crore, the Ministry of Road Transport and Highways (MoRTH) said.
The ministry added that the project will get adequate connecting infrastructure support through a special purpose vehicle (SPV) formed between central and state agencies.
“The SPV will provide 4 lane national highway connectivity of 5.4 kilometres (km) with an estimated cost of Rs 104 Crore and a new rail siding to the MMLP site of 10.5 Km with an estimated cost of Rs 217 Crore,” MoRTH said.
