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.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement