NHAI and DC Multi Modal Park signs deal worth over Rs 673 crore for logistic park at Nagpur
National Highways Authority of India (NHAI) has entered an agreement with a special purpose vehicle of DeltaBulk Shipping India Pvt Ltd, DC Multi-Modal Park (Nagpur) Ltd. The agreement is worth Rs 673 crore is for the development of a multi-modal logistics park (MMLP) at Nagpur.
As per the information, this project will be the first MMLP in Maharashtra under the PM Gati Shakti National Master Plan. The project will be developed in three phases and phase-I would take an investment of Rs 137 crore and is expected to be completed in two years. MMLP will cater to about 9.47 million tonnes (MT) of cargo in the horizon period of 45 years.