The Tamil Nadu government has approved the project structure for the Rs 1.83-lakh crore Madurai-Tuticorin Industrial corridor
Tag: Tamil Nadu
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TN unveils mega road infrastructure plan
Chief Minister of Tamil Nadu, J Jayalalithaa, made a slew of announcements to promote road infrastructure in the state including two multi-lane flyovers at Medavakkam and Kilkattalai in Chennai
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ChPT to handle met coke
Chennai Port Trust (ChPT) plans to handle metallurgical coke and petroleum coke to make up for the loss of dusty cargo like coal and iron ore. The new cargo will be handled on a trial basis for six months,
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Corporatisation of major ports
The Union Government is planning to convert 12 of the 13 major ports into companies to improve efficiency and competitiveness. The ports currently operate as trusts. The shipping ministry has initiated the process for appointing a consultant for corporatisation
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TN power transmission corridor to be set up
Tamil Nadu Chief Minister Jayalalithaa made a series of announcements covering energy, transport and Adi Dravidar welfare sectors running into several crores of rupees.
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NOCL to commission Cuddalore refinery by 2015-end
Nagarjuna Oil Corporation Ltd (NOCL) plans to commission the first phase of its
Rs 25,000 crore Cuddalore refinery in Tamil Nadu by end of 2015, its Managing Director & CEO, S Ramasundaram said. NOCL is setting up a 6 million tonne-a-year oil refinery at Cuddalore in phase-I with a similar capacity unit planned in the second phase.
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Kudankulam nuclear plant unit to reach full capacity
Tamil Nadu will soon get some relief from power cuts as Unit 1 of the Kudankulam nuclear power project has been cleared to achieve 100 per cent capacity by the Atomic Energy Regulatory Board.
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Our assistance purely depends on the bilateral relationship
The Japan International Cooperation Agency (JICA) is cautious to comment on the progress of the Delhi-Mumbai Industrial Corridor (DMIC). The DMIC project being a greenfield, that has taken a long time and faced land-acquisition delays, has made JICA alter their strategy for other projects in the country especially on Chennai-Bengaluru-Industrial Corridor (CBIC).
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Suzlon Energy to raise Rs 1,500 crore
Pune-based Suzlon Energy is planning to raise about Rs 1,500 crore through selling its assets. Two of the fifteen assets, which the company plans to sell, are in abroad. These assets have components manufacturing facility and old plants. Suzlon wants to sell some of its assets in Gujarat, Maharashtra, Tamil Nadu and Pondicherry. According to the company, the process of selling assets would at least take 12 to 18 months.
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NHAI to float bids for road projects in TN
The National Highways Authority of India (NHAI) will float bids for three important road projects in Tamil Nadu. These roads will connect Rameswaram reducing the travel time to the pilgrim island by road. NHAI has so far completed work in the 90 km stretch in the two-lane highway between Tiruchi and Ramanathapuram via Karaikudi. This highway with paved shoulders on NH 210 has been executed at a cost of Rs 374 crore.