TN seeks to rope in Singapore firms for housing projects

21 Oct 2022 CW Team

Tamil Nadu is exploring the possibility of developing housing projects in collaboration with Singapore firms, the state’s Minister of Finance and Human Resource Management Palanivel Thiaga Rajan said.

Participating in a panel discussion ‘Partnering with Tamil Nadu for Technology, Innovation and Entrepreneurship’, organized as part of the NTU Singapore-CII Singapore-India Dialogue this week, he said there is a cultural and natural connect between Singapore and Tamil Nadu.

Several firms from the city-state, including GIC and CapitaLand (formerly Ascendas), have invested in real estate assets and REITS in Tamil Nadu in the past. “There is ample scope for such asset managers and developers as well as the Tamil Nadu government to explore more such possibilities with the technical know-how of Singapore firms.

“Our housing minister has informed me there are plans to promote couple of flagship housing projects in Chennai in collaboration with Singapore firms. We could explore more such opportunities to collaborate in the commercial real estate space,” Thiaga Rajan said. “Fintech is one area we could collaborate more, especially in credit risk management in handling unsecured debts, besides working on a quicker and predictable dispute solution mechanism,” he said.

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..