The deadline for bids for the projected Multi-Modal Logistics Park (MMLP) in Chennai is expected to be August 10.
The bids will soon be assessed, and later this month the first MMLP under the Bharatmala initiative will be granted, they stated.
“After award of the project, the private sector will make an investment of around ₹782.58 crore for the Chennai MMLP. Bids for the Nagpur and Bengaluru MMLPs are expected to close soon too,” Prakash Gaur, the chief executive of National Highways Logistics Management Ltd (NHLML), said.
Following Nagpur, according to Gaur, bids for the MMLP in Bengaluru will also conclude.
The private sector would need to invest Rs 935.90 crore in the Bengaluru MMLP, which will be given out in September.
