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    MHA Appoints IAS Kaushal Raj Sharma as Secretary to Delhi LG

    MHA Appoints IAS Kaushal Raj Sharma as Secretary to Delhi LG

    Andhra Pradesh Govt Transfers Four IAS Officers; IAS Surapati Prasanth Kumar Made Joint Collector, Polavaram

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    MHA Appoints IAS Kaushal Raj Sharma as Secretary to Delhi LG

    MHA Appoints IAS Kaushal Raj Sharma as Secretary to Delhi LG

    Andhra Pradesh Govt Transfers Four IAS Officers; IAS Surapati Prasanth Kumar Made Joint Collector, Polavaram

    Andhra Pradesh Govt Transfers Four IAS Officers; IAS Surapati Prasanth Kumar Made Joint Collector, Polavaram

    Jharkhand Govt Transfers 17 IAS Officers; IAS Rajiv Ranjan Made DC, East Singhbum

    Jharkhand Govt Transfers 17 IAS Officers; IAS Rajiv Ranjan Made DC, East Singhbum

    Reviving the Tamsa: How IAS Ravindra Kumar Restored the Ancient River through Local Participation

    Reviving the Tamsa: How IAS Ravindra Kumar Restored the Ancient River through Local Participation

    ECI Appoints Senior IAS M Sai Kumar as New Chief Secretary of Tamil Nadu

    ECI Appoints Senior IAS M Sai Kumar as New Chief Secretary of Tamil Nadu

    GAIL to Supply PNG to Annapurna Kitchen at Kashi Vishwanath Temple to Reduce LPG Dependence

    GAIL to Supply PNG to Annapurna Kitchen at Kashi Vishwanath Temple to Reduce LPG Dependence

    ACC Approves Several Appointments at Joint Secretary, Equivalent Level; IAS Dr. Hardik Satishchandra Shah Made Private Secretary to PM

    ACC Approves Several Appointments at Joint Secretary, Equivalent Level; IAS Dr. Hardik Satishchandra Shah Made Private Secretary to PM

    MP Govt Transfers 26 IAS Officers Ahead of Census; IAS Kaushlendra Vikram Singh Made Secretary to CM

    MP Govt Transfers 26 IAS Officers Ahead of Census; IAS Kaushlendra Vikram Singh Made Secretary to CM

    Delhi Govt Transfers Four IAS Officers; IAS Sonika Singh Made Commissioner, DDA

    Delhi Govt Transfers Four IAS Officers; IAS Sonika Singh Made Commissioner, DDA

  • Industry
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    • BFSI
    • Education
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    ICICI Bank Q4 Results FY26: Net Profit Rises 8.5% to Rs 13,702 Cr; NII Up 8.4%; Announces Dividend Rs 12

    ICICI Bank Q4 Results FY26: Net Profit Rises 8.5% to Rs 13,702 Cr; NII Up 8.4%; Announces Dividend Rs 12

    HDFC Bank Q4 Results FY26: Net Profit Jumps 9% to Rs 19,221 Crore; NII Up 3%; Declares Rs 13 Dividend

    HDFC Bank Q4 Results FY26: Net Profit Jumps 9% to Rs 19,221 Crore; NII Up 3%; Declares Rs 13 Dividend

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    Wipro Share Price Today: Stock Falls 3% After Q4 Earnings Miss, Weak Outlook

    Wipro Share Price Today: Stock Falls 3% After Q4 Earnings Miss, Weak Outlook

    HDFC Life Q4 FY26 Results: Net Profit Rises 4% to Rs 497 Crore, VNB Up 7%, Declares Rs 2.10 Dividend Per Sh

    HDFC Life Q4 FY26 Results: Net Profit Rises 4% to Rs 497 Crore, VNB Up 7%, Declares Rs 2.10 Dividend Per Sh

    Wipro Q4 Results FY26: Net Profit Jumps 12% QoQ to Rs 3,501 Cr, Announces Rs 15,000 Cr Buyback, Declares Rs 11 Dividend

    Wipro Q4 Results FY26: Net Profit Jumps 12% QoQ to Rs 3,501 Cr, Announces Rs 15,000 Cr Buyback, Declares Rs 11 Dividend

    HDFC AMC Q4 Results FY26: Net Profit Falls 2.5% to Rs 623 Crore, Announces Rs 54 Dividend PS

    HDFC AMC Q4 Results FY26: Net Profit Falls 2.5% to Rs 623 Crore, Announces Rs 54 Dividend PS

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    Gold, Silver Prices Today (April 19): 24K, 22K Gold, 999 Silver Rates City-Wise on Akshaya Tritiya

    Gold, Silver Prices Today (April 19): 24K, 22K Gold, 999 Silver Rates City-Wise on Akshaya Tritiya

    Stock Market Update: Sensex Surges 504 Pts, Nifty Gains 156 Pts; FIIs Pump Rs 3,200 Cr into Stocks

    Stock Market Update: Sensex Surges 504 Pts, Nifty Gains 156 Pts; FIIs Pump Rs 3,200 Cr into Stocks

    Govt Clears 15 Banks for Gold, Silver Imports till March 2029, Check Details?

    Govt Clears 15 Banks for Gold, Silver Imports till March 2029, Check Details?

    Akshaya Tritiya 2026: Gold Sales Jump Nationwide, Buyers Focus on BIS Hallmark Verification, Check Details?

    Akshaya Tritiya 2026: Gold Sales Jump Nationwide, Buyers Focus on BIS Hallmark Verification, Check Details?

    MCX Gold, Silver Rates Today: 24K & 22K Gold, 999 Silver Prices Across Cities as Bullion Trades Mixed on Weak Dollar Cues

    MCX Gold, Silver Rates Today: 24K & 22K Gold, 999 Silver Prices Across Cities as Bullion Trades Mixed on Weak Dollar Cues

    Stock Market Today: Sensex Dips 123 Pts, Nifty Ends Below 24,200 Amid Cautious Trade

    Stock Market Today: Sensex Dips 123 Pts, Nifty Ends Below 24,200 Amid Cautious Trade

    Gold Price Today India: 24K, 22K, 18K Rise; Silver Jumps on MCX Amid US-Iran Talks Hopes, City-wise Rates?

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    MCX Gold, Silver Rate Today: 24K & 22K Gold, 999 Silver Prices Across Cities, Weak Dollar Impact, Check Details?

    MCX Gold, Silver Rate Today: 24K & 22K Gold, 999 Silver Prices Across Cities, Weak Dollar Impact, Check Details?

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MoRTH issues award for first MMLP in the country

By: Editorial Desk

by Editorial Desk
November 12, 2022
in News
Reading Time: 2 mins read
MoRTH issues award for first MMLP in the country
Summarize with:

The Ministry of Road Transport and Highways (MoRTH) is developing 35 Multi-Modal Logistics Parks (MMLPs), out of which 15 MMLPs are prioritized in the next three years. Further, in order to make the industry more efficient and resilient, National Logistics Policy (NLP) was launched in 2022 which focuses on these two key areas i.e., Effective integration between different agencies in the logistics ecosystem and deploying and embracing newer technologies to smoothen the process flow.

Pioneering the pace of building a countrywide state-of-the-art multi-modal infrastructure, MoRTH has made significant progress under this National Master Plan and embarking on the same MMLP Chennai at Mappedu being developed in 184.27 acres is 1st MMLP awarded to Reliance Industries Limited for which Prime Minister laid the Foundation Stone on 26.05.2022.

MMLPs by MoRTH also lays the foundation of development of such large-scale state of the art infrastructure projects in Public Private Partnership (PPP) mode for which both the Central Government and State Government have come together and a Government SPV formed amongst National Highways Logistics Management Limited, Rail Vikas Nigam Limited, Chennai Port Authority & Tamil Nadu Industrial Development Corporation. The estimated project cost is Rs 1424 Crore. Total concession period is 45 years. 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 MMLP will be developed in three phases with estimated developer investment of Rs 783 Crore Phase-1 development is targeted within 2 years i.e., by 2025 leading to commercial operations. MMLP at Chennai which is strategically located at ~52 Km from Chennai Port, 80 Km from Ennore Port, 87 Km from Katupalli Airport will be a focal point of logistics in the southern region. It is estimated to cater to 7.17 Million Metric Tonne (MMT) cargo in a horizon period of 45 years.

Summarize with:
Tags: Ministry of Road Transport and HighwaysMulti-Modal Logistics ParksNational Logistics Policy
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