Tamil Nadu Clears Rs 441.25 bn Projects, Including Three Renewable Policies
POWER & RENEWABLE ENERGY

Tamil Nadu Clears Rs 441.25 bn Projects, Including Three Renewable Policies

The Tamil Nadu Cabinet approved 15 investment proposals totalling Rs 441.25 billion, which are anticipated to create over 24,700 jobs in the state. During the 16th cabinet meeting, chaired by Chief Minister MK Stalin at the secretariat, the cabinet also approved three renewable energy policies as part of an initiative to achieve a power generation target of 20,000 MW by 2030. Finance Minister Thangam Thennarasu provided this update.

After the meeting, Thennarasu announced that on August 17, the Chief Minister would inaugurate an industrial housing facility, the first of its kind in India, for 18,720 employees of Foxconn. This facility, constructed at an estimated cost of Rs 7.06 billion, is located at the SIPCOT Vallam Vadagal industrial estate in Sriperumbudur, Kancheepuram district. The cabinet approved projects spanning various sectors, including electronics, food processing, motor vehicles, and battery manufacturing.

The Tamil Nadu Cabinet approved 15 investment proposals totalling Rs 441.25 billion, which are anticipated to create over 24,700 jobs in the state. During the 16th cabinet meeting, chaired by Chief Minister MK Stalin at the secretariat, the cabinet also approved three renewable energy policies as part of an initiative to achieve a power generation target of 20,000 MW by 2030. Finance Minister Thangam Thennarasu provided this update. After the meeting, Thennarasu announced that on August 17, the Chief Minister would inaugurate an industrial housing facility, the first of its kind in India, for 18,720 employees of Foxconn. This facility, constructed at an estimated cost of Rs 7.06 billion, is located at the SIPCOT Vallam Vadagal industrial estate in Sriperumbudur, Kancheepuram district. The cabinet approved projects spanning various sectors, including electronics, food processing, motor vehicles, and battery manufacturing.

Next Story
Infrastructure Transport

JNPA Becomes First Indian Port to Cross 10 Million TEU Capacity

The Jawaharlal Nehru Port Authority (JNPA), located at Uran in Navi Mumbai, has become the first port in India to achieve over 10 million TEUs (twenty-foot equivalent units) in container handling capacity.With the recent expansion, the port now operates five container terminals with a combined capacity of 10.4 million TEUs, alongside two liquid and two general cargo terminals.Handling more than half of India’s container traffic, JNPA processed 7.05 million TEUs in 2024 and has moved 15.39 million tonnes of containers and 16.64 million tonnes of total cargo in the first two months of FY 2025â..

Next Story
Infrastructure Transport

Nod for Rs. 36.26 billion Expansion of Pune Metro Line 2

The Union Cabinet has approved the Rs.36.26 billion expansion of Pune Metro Line 2, adding 12.75 km of track and 13 new stations to improve east–west connectivity across the city.The project aims to link Pune’s urban core with rapidly growing suburbs, supporting the city’s rising demand for efficient and sustainable transport solutions. This expansion is part of Corridor 2 of the Pune Metro and includes two key routes: Vanaz to Chandani Chowk (Corridor 2A) and Ramwadi to Wagholi/Vitthalwadi (Corridor 2B).It will connect residential, IT, and educational hubs in areas such as Bavdhan, Koth..

Next Story
Infrastructure Transport

Assembly begins for ‘Nayak’ TBM on Thane– Borivali Twin Tunnel Project

The assembly of ‘Nayak’, the first of four Tunnel Boring Machines (TBMs) for the Thane–Borivali Twin Tube Tunnel Project, has commenced at the Thane site. Built by German firm Herrenknecht AG and deployed by Megha Engineering & Infrastructure (MEIL), the TBM marks a key milestone in Mumbai’s ambitious 11.8-km underground road corridor beneath Sanjay Gandhi National Park.The twin tunnels will reduce the Thane–Borivali travel distance by 12 km and decongest Thane Ghodbunder Road. ‘Nayak’, with a 13.2-metre diameter, is designed to bore through challenging geological conditions ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?