GR Infraprojects Limited has announced the appointed date for its Multi-Modal Logistics Park (MMLP) project in Indore, Madhya Pradesh. The project will be executed by its wholly-owned subsidiary, GR Logistics Park (Indore) Private Limited.
Key details of the project:
- Project Type: Development, operation, and maintenance of MMLP near Pithampur in Dhar District.
- Model: Public-Private Partnership (PPP) on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis.
- Project Cost: ₹758.10 crore.
- Timeline: Phase 1 construction to be completed in two years from the appointed date, with a total concession period of 45 years.
- Appointed Date: November 21, 2024.
This milestone highlights GR Infraprojects’ commitment to enhancing India’s logistics infrastructure, fostering growth, and improving efficiency in cargo movement across the region.
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GR Infraprojects