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

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..