Cabinet clears Rs1,500-cr trunk infrastructure project for Shendra-Bidkin Industrial Area in DMIC
30 May 2015
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi today gave its approval for the construction of trunk infrastructure components and landscaping for Phase-1 of the Shendra Bidkin Industrial Area (SBIA) in the Shendra region spreading across 8.39 sq km in Maharashtra in the Delhi Mumbai Industrial Corridor (DMIC) project.
The total cost of the project is estimated to be approximately Rs1,533.45 crore, which will be invested by DMIC Trust as equity in the city/node SPV, viz, Aurangabad Industrial Township Limited (AITL).
The trunk infrastructure components include construction of road and utility uervices, rail over bridges (RoBs), sewage treatment plant (STP), common effluent treatment plant (CETP) and solid waste management (SWM), district administrative building (DAB) for SBIA and area landscaping for Phase-1 of SBIA are being considered initially for development in Phase-1.
The primary objective of developing the project area is to trigger developmental activities in SBIA and attract local and global investments. This area shall also help in building confidence in the market bringing the effort of the past half-a-decade to fruition.
The development of trunk infrastructure in Phase-1 of SBIA is proposed to commence in FY 2015-16 and is likely to be completed by FY 2017-18 after all necessary approvals.
A node/city level SPV has been formed as a joint venture between the Government of India (Gol) and government of Maharashtra (GoM) under the name 'Aurangabad Industrial Township Limited (AITL)'. The share of GoI through DMIC Trust is 49 per cent and the remaining 51 per cent is held by GoM through Maharashtra Industrial Development Corporation (MIDC).
MIDC has notified 101 sq km of area for industrial development under SBIA. The master plan covers an area of around 84.17 sq km and the remaining area (approximately 15 per cent) is intended for rehabilitation of the project affected population (PAP).
The SBIA master plan area of 84.17 sq km is further split into two parts, viz, Part-I and Part-II.
Part -I consists of total area of 41.42 sq km, which is further divided into two parts viz Phase-I and phase-II. Phase -I covers an area of 8.39 sq km located north of Jalna Road adjoining existing MIDC Shendra Industrial Park.
Phase-ll includes the remaining area of 32.03 sq km located near Bidkin for which the preliminary design of roads and services is to be taken up shortly. The development of the Part-ll of SBIA consisting of total area of 42.75 sq km will be taken up at a later stage depending on the land made available by the state government.
Investment in the development of trunk infrastructure is essential for the creation of a greenfield smart industrial city.
Phase-I of 8.39 sq km will kick start the development of the SBIA covering 84.17 sq km. The development of the SBIA as a manufacturing hub will generate a series of direct and indirect benefits through enhancement of GDP, establishment of manufacturing industries and generation of significant employment. The development of Phase-I on sustainable and green building practices will create benchmarks for urban development in the country.
