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Last Updated : | Source: Housing.com/news

Windfall for Maharashtra‘s Bikdin area: DMIC Trust approves Rs 6,414 cr contracts

The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start engineering, procurement and construction contracts worth Rs 6,414 crore for the Bidkin Industrial Area in Maharashtra, the DMIC said in a R

The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start engineering, procurement and construction contracts worth Rs 6,414 crore for the Bidkin Industrial Area in Maharashtra, the DMIC said in a statement. Approval was granted for the implementation of trunk infrastructure for roads and utility services, water pipeline from source and a water and sewerage treatment plant, solid waste management and ICT works, it said.

The Bidkin project is spread over 31.79 sq km and is phase-2 of the Shendra Bidkin Industrial Area (SBIA) of DMIC Development Corporation’s (DMICDC’s) Maharashtra node. The development is scheduled to be completed by 2020-21.

The industrial activities in the SBIA are expected to generate nearly 1,50,000 direct and indirect jobs, once the project is complete and fully functional in the next 15-18 years, it said.

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See also: The DMIC project would transform the realty market in its 20 impact cities

The total area of SBIA, measuring 84.17 sq km, has been divided into two parts. Part-1 consisting of an area of 40.18 sq km, is further divided into two phases.

SBIA is one of eight industrial nodes that the DMICDC is proposing to develop, in the first phase of India’s biggest infrastructure project.

The DMIC project has been planned as a global manufacturing and investment destination, with the 1,483-km western dedicated freight corridor of the railways as its backbone.

The project is envisaged to provide modern infrastructure, through smart, futuristic and sustainable industrial cities, across six states including Haryana, Uttar Pradesh and Rajasthan.

By: Housing.com/news

First Published on Jul 29, 2016 02:06 pm
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