DMIC Trust approves Rs 6,414 cr contracts for Bikdin project

The Delhi Mumbai Industrial Corridor (DMIC) Trust has given approval to Rs 6,414 crore worth of contracts to initiate the construction process in the Bidkin Industrial Area in Maharashtra.
"The DMIC Trust has given its approval to start the phased procurement of Engineering, Procurement and Construction contracts worth Rs 6,414 crore for the Bidkin Industrial Area in Maharashtra," DMIC said in a statement.
The decision was taken during a meeting chaired by the Secretary in the Department of Economic Affairs, Shaktikanta Das, yesterday.
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 sqkm and is Phase II of the Shendra Bidkin Industrial Area (SBIA) of DMICDC's Maharashtra node.
The development is is scheduled to be completed by 2020- 21.

The industrial activities in 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.
The total area of SBIA, measuring 84.17 sqkm, has been divided into two parts. Part-I consisting of an area of 40.18 sqkm and is further divided into two phases.
SBIA is one of eight industrial nodes the Delhi Mumbai Industrial Corridor Development Corporation Ltd (DMICDC Ltd) 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 around the high speed 1,483 km length of western dedicated freight corridor of the railways as the backbone.
The project envisaged to provide modern infrastructure through smart futuristic and sustainable industrial cities across six states including Haryana, Uttar Pradesh and Rajasthan.