Modi to inaugurate multiple infra projects worth Rs 173 billion
ECONOMY & POLICY

Modi to inaugurate multiple infra projects worth Rs 173 billion

Prime Minister Modi will inaugurate multiple infrastructure projects worth Rs 173 billion in Thoothukudi, Tamil Nadu, on February 28, 2024. He is set to lay the foundation stone of the Outer Harbor Container Terminal at V.O. Chidambaranar Port.

The project aims to leverage India's long coastline and favourable geographic location and strengthen India's competitiveness in the global trade arena. The major infrastructure project will also lead to the creation of employment generation and economic growth in the region.

Establishing this Container Terminal is pivotal in transforming V.O. Chidambaranar Port into a central transhipment hub along the east coast.

The Prime Minister reached Madurai on 27 February to participate in the programme 'Creating the Future - Digital Mobility for Automotive MSME Entrepreneurs' and will participate in the launch of two major initiatives designed to support and uplift MSMEs in the Indian automotive industry. The initiatives include the TVS Open Mobility Platform and the TVS Mobility-CII Centre of Excellence.

It said that the Prime Minister will inaugurate various other projects to make the V.O. Chidambaranar Port the country's first Green Hydrogen Hub Port. These projects include a desalination plant, hydrogen production and bunkering facility.

PM Modi's trip to the Land of Temples also includes launching India's first indigenous green hydro-fuel cell inland waterway vessel under the Harit Nauka initiative to embrace clean energy solutions and align with the nation's net-zero commitments.

Modi is set to double the Vanchi Maniyachchi " Nagercoil rail line, including the sections of Vanchi Maniyachchi - Tirunelveli and Melappalayam " Aralvaymoli with a project cost of Rs 1.477 billion for reduced train travel time heading towards Chennai from Kanyakumari, Nagercoil and Tirunelveli.PM Modi will also dedicate four road projects in Tamil Nadu, developed at a total cost of about Rs 45.86 billion.

These projects include the four-laning of the Jittandahalli-Dharmapuri section of NH-844, two-laning with paved shoulders of the Meensurutti-Chidambaram section of NH-81, four-laning of the Oddanchatram-Madathukulam section of NH-83, and two-laning with paved shoulders of the Nagapattinam-Thanjavur section of NH-83.

Prime Minister Modi will inaugurate multiple infrastructure projects worth Rs 173 billion in Thoothukudi, Tamil Nadu, on February 28, 2024. He is set to lay the foundation stone of the Outer Harbor Container Terminal at V.O. Chidambaranar Port. The project aims to leverage India's long coastline and favourable geographic location and strengthen India's competitiveness in the global trade arena. The major infrastructure project will also lead to the creation of employment generation and economic growth in the region. Establishing this Container Terminal is pivotal in transforming V.O. Chidambaranar Port into a central transhipment hub along the east coast. The Prime Minister reached Madurai on 27 February to participate in the programme 'Creating the Future - Digital Mobility for Automotive MSME Entrepreneurs' and will participate in the launch of two major initiatives designed to support and uplift MSMEs in the Indian automotive industry. The initiatives include the TVS Open Mobility Platform and the TVS Mobility-CII Centre of Excellence. It said that the Prime Minister will inaugurate various other projects to make the V.O. Chidambaranar Port the country's first Green Hydrogen Hub Port. These projects include a desalination plant, hydrogen production and bunkering facility. PM Modi's trip to the Land of Temples also includes launching India's first indigenous green hydro-fuel cell inland waterway vessel under the Harit Nauka initiative to embrace clean energy solutions and align with the nation's net-zero commitments. Modi is set to double the Vanchi Maniyachchi Nagercoil rail line, including the sections of Vanchi Maniyachchi - Tirunelveli and Melappalayam Aralvaymoli with a project cost of Rs 1.477 billion for reduced train travel time heading towards Chennai from Kanyakumari, Nagercoil and Tirunelveli.PM Modi will also dedicate four road projects in Tamil Nadu, developed at a total cost of about Rs 45.86 billion. These projects include the four-laning of the Jittandahalli-Dharmapuri section of NH-844, two-laning with paved shoulders of the Meensurutti-Chidambaram section of NH-81, four-laning of the Oddanchatram-Madathukulam section of NH-83, and two-laning with paved shoulders of the Nagapattinam-Thanjavur section of NH-83.

Next Story
Real Estate

Ashwin Sheth Group Buys 50% Stake in One Marina

Mumbai-based real estate developer Ashwin Sheth Group has acquired a 50 per cent stake in the Rs 23 billion (USD 275 million) luxury residential project One Marina, located in South Mumbai’s upscale Marine Lines. The acquisition was announced on 11 June and marks a major move in the city's premium housing market.The stake was acquired from Vallabh Sheth and Jitendra Sheth, promoters of Sheth Creators, who previously co-owned the project along with YM Infra, the landowner. This acquisition was supported by a substantial USD 65 million (over Rs 5.4 billion) investment commitment from PAG Singa..

Next Story
Infrastructure Transport

96km Rail Line to Link Rajasthan's Sirohi to Network

In a major step towards improving infrastructure in Rajasthan, the central government has approved the final location survey for a 96-kilometre railway line connecting Marwar Bagra (Jalore)–Sirohi–Swarupganj, thereby integrating Sirohi district into the national railway network for the first time.The approval, announced on Monday, marks a long-awaited development for tribal-dominated western Rajasthan. Sirohi, currently without a rail link, lies near the important Delhi–Ajmer–Abu Road–Ahmedabad corridor, while Jalore is already on the Samdari–Bhildi–Gandhidham route.Railway Minis..

Next Story
Infrastructure Transport

Push Grows for Berhampur-Sambalpur Rail Via Phulbani

A coalition of social organisations under the Milita Kriya Anusthan Committee has stepped up its campaign for the construction of a Berhampur–Sambalpur (Rairkhol) railway line via Bhanjanagar and Phulbani, aiming to improve rail connectivity in southern Odisha.On Friday, the group launched a public awareness drive across Ganjam and Kandhamal districts, highlighting the urgent need for the proposed railway route. A "Vikash Rath" bus, carrying around 40 committee members, began its journey from the local railway station, stopping for public meetings in Hinjili, Aska, and Bhanjanagar, with a fo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?