Tidel Park Pays Rs 12.8 Crore for Trichy Land Prep

09 Jan 2025 CW Team

Tidel Park Limited, a state-owned joint venture of the Tamil Nadu Industrial Development Corporation (TIDCO) and the Electronic Corporation of Tamil Nadu (ELCOT), has paid Rs 128 million to the Trichy Corporation for preliminary construction work on the upcoming Tidel Park in Panjapur. This payment aims to shift two underground drainage (UGD) pipelines that run through the identified site.

The 14.1-acre land allocated for the park, located along the Trichy-Madurai NH near the integrated bus terminus, will house the IT office space in two phases. Construction for Phase I, valued at Rs 4.15 billion, is set to begin by the end of January 2025. The first phase will feature a built-up area of 5.5 lakh square feet, with six floors.

In preparation for the development, Tidel has arranged for the relocation of 1,730 meters of sewage pipelines, ensuring that the site is clear for the commencement of construction. This is expected to take around 18 months, with the park potentially generating employment for over 5,000 people.

The existing sewage treatment plant (STP) and anaerobic ponds near the site are planned for dismantling by 2026, coinciding with the commissioning of the park. Meanwhile, a new 100 MLD modern STP is under construction at Panjapur, ensuring a comprehensive waste management solution for the growing infrastructure.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..