The officials of the Chennai Port Trust who visited the project site
last month expressed confidence that the work will begin in full swing in three
months.
Earlier, in November 2022, the Road Transport Ministry had awarded
Reliance Industries Limited (RIL) the contract for setting up the Chennai MMLP
at a total cost of Rs. 1,424 crore.
The National Highways Logistics Management (NHLM) had received three
bids, including Adani Group, for the Chennai MMLP. Two bidders had technically
qualified for the financial bid opening.
The logistics park at Chennai
is strategically located at 52 km from Chennai Port, 87 km from Kattupalli Port
and 80 km from Ennore Port and will be a “focal point of logistics in the
southern region”.
The MMLP, which is coming up on 184.27 acres of land at Mappedu village
in Thiruvallur district, is close to the automobile and electronics
manufacturing clusters on the Sriperumbudur-Oragadam industrial belt. Besides,
it is in close proximity to the Chennai Peripheral Ring Road (CPPR).
In order to develop the
project, a Government Special Purpose Vehicle (SPV) has been formed amongst
National Highways Logistics Management Limited (NHLML), Rail Vikas Nigam
Limited (RVNL), Chennai Port Authority & Tamil Nadu Industrial Development
Corporation (TIDCO).
The SPV will provide 4-lane NH connectivity of 5.4 km with estimated
cost of Rs 104 Crore and new rail siding to the MMLP site of length ~10.5 km
with estimated cost of Rs 217 crore.
The project which is being
built on a Design, Build, Finance, Operate, and Transfer (DBFOT) model, has a
total concession period of 45 years. Over a period of
45 years, this facility would be able to cater to a cargo volume of 7.17
Million Metric Tonne (MMT).
Various commodities, including textile, apparel, grain, electronics,
consumer goods and automobiles and automobile components may be handled at the
MMLP. The project will facilitate efficient, cost-effective and value-added
logistics services such as cargo aggregation and disaggregation, distribution,
inter-modal transfer, sorting, packing, repacking, etc. |