Rail Vikas Nigam (RVNL) has entered a memorandum of understanding (MoU) with the National Highways Authority of India (NHAI) represented by the National Highways Logistics Management (NHLML), in connection with construction of multi-modal logistics parks across PAN India under Bharatmala Pariyojana.
Given the objectives of improving logistics efficiency for goods generating and aggregating from ports, hinterland and for the country as a whole, RVNL and NHLML agreed to co-operate and collaborate with each other in achieving the objectives for development of MMLP Project in an integrated manner.
The role of RVNL will be for the design, planning, feasibility study, detailed project report (DPR), implementation and commissioning of the track connectivity work for MMLPs.
Moreover, separate MoUs and agreements will be drawn at appropriate stage for each MMLP which are planned at 35 locations in the country.
The idea is to provide state-of-the-art, large-scale warehousing facilities for different types of commodities by forming project specific SPV(s) on a Hub and Spoke Model. This umbrella MoU will be valid for five years and is extendable.