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Phase 2 of Shendra Bidkin Industrial Area cleared

By Niranjan Mudholkar,

Added 16 November 2016

Greenfield smart industrial city to come up under the Delhi Mumbai Industrial Corridor in Maharashtra

Following five trunk infrastructure components are being considered for the Bidkin Industrial Area of 31.79 sq km, as part of Phase-ll development of the Shendra Bidkin Industrial Area (SBIA) near Aurangabad, Maharashtra:

i. Roads and Utility Services;

ii. Pipe line from Jayakwadi Dam to Bidkin and Water Treatment Plant (WTP);

iii. Information, Communication and Technology (ICT) works;

iv. Sewage Treatment Plant (STP) and Common Effluent Treatment Plant (CETP), Solid Waste Management (SWM); and

v. Area Landscaping for Bidkin.

Development of trunk infrastructure in Phase-II (Bidkin Region) of SBIA will be undertaken in three phases commencing from FY 2016-17 and is likely to be completed by FY 2020-21.

The estimated cost of the five packages of trunk infrastructure is Rs.6,414.21 crore. As per the institutional and financial structure approved by the Government of India for DMIC project, land for the project will be contributed by the State Government as their equity. DMIC Trust will implement various trunk infrastructure components subject to a ceiling of Rs.3,000 crore. Out of this, an equity of Rs.602.80 crore has already been released for phase I earlier by the DMIC Trust.

Balance Rs. 2,397.20 crore will be released for phase 2 of Part I. The value of land brought in by the State Government would be the equity contribution of the State Government. The balance funding, i.e., funding over and above the contributions from the Gol and the State Government, required for the trunk infrastructure shall be met from the internal accruals of the SPV/ debt raised by the SPV as may be required.

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