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
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement