NHLM floats fresh tender for Multi Modal Logistics Park in Bengaluru

The National Highways Logistics Management (NHLM), a unit of the National Highways Authority of India (NHAI), has issued a fresh tender for the development of a multi modal logistics park in Bengaluru after an earlier attempt collapsed due to the presence of only one bidder. Reliance Industries and Prakash Asphaltings and Toll Highways had applied for the park, which is planned to be developed on 400 acres at Muddalinganahalli in the Bengaluru Rural district. Prakash Asphaltings and Toll Highways was disqualified from the tender, leading to the cancellation of the bid process on December 15, 2021. A new tender was issued on the same day.

The development, operation, and maintenance of the multi modal logistics park at Muddalinganahalli is being implemented through a public-private partnership on a Design, Build, Finance, Operate, and Transfer basis, with an estimated investment of ₹935.90 crore. The bid will be decided based on the minimum guaranteed revenue share offered to the NHLM, with the contract to develop and run the facility for a concession period of 45 years going to the highest bidder. The Ministry of Road Transport and Highways plans to develop 35 multi modal logistics parks across India, with 15 of them to be completed in the next three years.