TN’s Tantransco inks deal with KFW on green energy

08 Dec 2022 CW Team

The Tamil Nadu Transmission Corporation has signed a memorandum of understanding with German bank KFW for a loan to implement phase two of the Green Energy Corridor (GEC).

The Centre has approved Rs 7.20 crore for the project in Tamil Nadu, including grant of 33% from the Ministry of New and Renewable Energy, while 47% of the project cost will be funded by the loan from KFW and the remaining 20% as equity from the Tamil Nadu Transmission Corporation Ltd (Tantransco).

As per the ministry’s instruction, the tender must be floated by December 2023; but a senior Tantransco official said the state-owned power utility plans to start the bidding process sooner since it has signed the agreement with KFW. The work is scheduled to be completed by 2025-2026.

“GEC phase-2 will add 10,753 circuit kilometres of transmission lines and 27,546 mega-volt-ampere capacity of substations in seven states - Gujarat, Himachal Pradesh, Karnataka, Rajasthan, Tamil Nadu, and Uttar Pradesh,” he said.

In Tamil Nadu, Tantransco would establish a 400kV substation at Samugarengapuram in Tirunelveli district, three 230kV substations at Poolavady and Kongalnagaram in Tiruppur district and Muppandal in Kanyakumari district under phase-2, the official said.

Another official pointed out that this scheme would help create intra-state transmission infrastructure required for evacuating 4,000 MW from renewable energy power projects by setting up 624 circuit km of transmission lines in the state.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..