Delhi Mumbai Industrial Corridor (DMIC) Project – A Global Manufacturing and Investment Destination

DMIC

The Delhi Mumbai Industrial Corridor (DMIC) project is being developed on both sides of the Western Dedicated Freight Corridor as a global manufacturing and investment destination and has made significant strides since ‘in principle’ approval accorded in August, 2007. DMIC Industrial cities are being benchmarked against recently established industrial cities in other parts of the world. An institutional framework with a dedicated Special Purpose Vechicle (SPV), viz Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) was set up for project development, coordination and implementation of the projects. DMIC Project Implementation Trust Fund has been set up as a Trust in September, 2012. The land for the new industrial cities will be the contribution of the State Government.

The project is being implemented in stages. Initially, eight Investment Regions are being taken up. The brief status of projects under implementation is as under:-

(i) Model Solar Power Project, Neemrana, Rajasthan – the EPC contractor has commissioned the 5MW plant and the remaining 1 MW integrated solar project is under process of implementation.

(ii) Logistic Data Bank – A notification has been issued by Tariff Authority of Major Ports (TAMP) for levy of Mandatory User Charges for the project. The formation of the SPV for the project is currently underway.

(iii) Integrated Industrial Township Greater Noida (U.P) – SPV has been incorporated and equity of DMIC Trust and the State Government has been released to the SPV. Tenders for appointment of EPC contractor for implementation of trunk infrastructure works with approximate value of Rs. 500 crores and the Project management Consultant has been issued.

(iv) Integrated Industrial Township, Vikram Udyogpuri (M.P) – SPV has been incorporated and equity of DMIC Trust and the State Government has been released to the SPV. EPC contractor has been appointed for the implementation of trunk infrastructure. Process for appointment of Project Management Consultant is currently underway.

(v) Ahmedabad Dholera Special Investment Region in Gujarat (Activation Area of 22.5 sq.km) – The Shareholder’s Agreement and State Support Agreement have been finalized in consultation with the State Government and the same are likely to be executed shortly.  The Environment clearance has been obtained for the project and preliminary engineering works has also been completed. The Government of India has approved the trunk infrastructure packages for the Activation Area (22.5 sq.km) for an aggregate value of Rs. 2784.83 crore and the tenders are being floated in a phased manner. Tender documents for selection of the EPC Contractor for roads and underground utilities and design & construction of Administrative Building for Dholera have already been issued with an aggregate value of Rs. 2366 crore.

(vi) Shendra Bidkin Industrial Park in Maharashtra (Phase-1- approximately 8.39 sq. km.)  – The Shareholders’ Agreement and State Support Agreement has been executed between Government of Maharashtra and DMIC Trust and Node/city level SPV in the name of ‘Aurangabad Industrial Township Ltd.’ has been incorporated. Land has been transferred by the Maharashtra Industrial Development Corporation (MIDC) to the SPV. The Environment clearance has already been obtained and the preliminary engineering for various trunk infrastructure works has been completed. The DMIC Trust’s share of equity has been transferred to the SPV. Programme Manager has already been appointed for the project. The Government of India has approved the trunk infrastructure packages for an aggregate value of Rs. 1533.44 crore and the tenders are being floated in a phased manner. The tender for Design & Construction of Roads & Services and Road over Bridges (RoBs) have been issued with an aggregate value of Rs. 1296 crore.

IMPACT ON INDIA

  • The DMIC project seeks to create a strong economic base with a globally competitive environment and state-of-the-art infrastructure to activate local commerce, enhance investments and attain sustainable development.
  • New DMIC Cities will help to meet pressures of urbanisation and also lead India’s economic growth for the next 20 -30 years.
  • The project aspires to double employment potential, triple industrial output and quadruple exports from the region in the next seven to nine years.

The project is featured in KPMG’s ‘100 Most Innovative Global Projects’ as one of the world’s most innovative and inspiring infrastructure projects.

Courtsey: PIB

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