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Business News/ Companies / News/  Adani Agri Logistics wins bid to build 4 silos complexes in UP, Bihar

Adani Agri Logistics Ltd has recently won a contract from state-owned FCI to build four silo complexes in Uttar Pradesh and Bihar, the company announced on Friday. The state-of-the-art silo complexes will be built at four locations -- Kanpur, Gonda and Sandila in Uttar Pradesh and Katihar in Bihar. The total silo storage capacity will be 3.5 lakh tonnes. 

Food Corporation of India (FCI) awarded the contract to Adani Agri Logistics Ltd following a competitive bidding.

"Currently, farmers are forced to deal with a waiting period of two to three days while their agricultural produce makes its way through the traditional farm–to–mandi procurement chain. With the implementation of this project, the processing time will be cut down to merely one to two hours. This will significantly improve procurement efficiency," the statement said.

This project will benefit general consumers and beneficiaries of the PDS (Public Distribution System), besides generating substantial savings on labour costs, gunny bags and transportation.

The silo complexes will be executed under the Design, Build, Finance, Operate and Transfer (DBFOT) mode.

With the addition of 3.50 lakh tonnes storage capacity, Adani Agri Logistics Ltd will now have a total of 15.25 lakh tonnes.

Silo complexes, which are mechanised and automated units equipped with temperature and humidity controls, are built to handle, store and preserve food grains. The handling process, from procurement to transportation, is in bulk form catered through containerised movement.

Adani Logistics Ltd is the most diversified end-to-end integrated logistics service provider in India by creating logistics infrastructure, including multimodal logistics parks, and complete rail solutions for container, liquid, grain, bulk and auto with presence across all major markets.

The company has been operational in India for nearly a decade-and-a-half. It has developed and operates Multi-Modal Logistics Parks (MMLP) at Patli, Kishangarh, Kilaraipur, Malur, Mundra, Nagpur and Taloja.

(With inputs from agencies)



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Updated: 14 Oct 2022, 09:17 PM IST
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