RVNL formed a joint venture with NHLML and MPIDC named Indore MMLP Private Limited to construct multi-modal logistics park in Indore.
Rail Vikas Nigam Limited in a regulatory filing disclosed that it has formed a joint venture named Indore MMLP Private Limited to construct multi-modal logistics park in Indore under the Bharatmala Pariyojana scheme. The filing also highlighted that RVNL formed this venture to cater to the needs of the MoU that it had signed with NHAI.
Highlighting the roles of the three companies, the filing said, MPIDC will be providing land for MMLP, RVNL will provide rail connectivity to MMLP and NHLML will provide other facilities like road connectivity, water and power supply.