TN SEIAA Grants Clearance for Tidel Parks in Madurai and Trichy
ECONOMY & POLICY

TN SEIAA Grants Clearance for Tidel Parks in Madurai and Trichy

The Tamil Nadu State Environment Impact Assessment Authority (SEIAA) has approved the environmental clearance for the construction of Tidel parks in Madurai and Trichy, marking a significant step forward for these highly anticipated projects. Tenders for the developments have already been issued, and officials from TIDEL Park Limited have announced that foundation stones will be laid within the next month. 

The Madurai Tidel Park will be located near the Mattuthavani bus stand, covering 9.97 acres with a built-up area of 567,000 sqft. With an estimated cost of Rs 2.89 billion, the park will feature a ground floor and 12 additional floors. Designed to support IT and IT-enabled services (ITES) companies, the facility will offer plug-and-play workspaces, high-speed internet, conference rooms, incubation centers, and recreational areas. Upon completion, the park is expected to create around 5,500 direct jobs, significantly enhancing Madurai's economic and technological landscape. 

In Trichy, the Tidel Park will be developed near the integrated bus terminus at Panjappur, along the Trichy-Madurai national highway. The project, covering 11 acres and a built-up area of 550,000 sqft, is estimated to cost Rs 2.9 billion. Similar to the Madurai project, it will offer advanced infrastructure for IT and ITES companies and is expected to generate about 5,000 jobs, reinforcing Trichy's role as an emerging industrial hub. 

Both projects are being led by Tidel Park Limited, a Tamil Nadu government initiative. After a thorough review process, SEIAA has granted the necessary environmental clearance. A senior official from Tidel Park Limited stated that Chief Minister M.K. Stalin is expected to lay the foundation stones for both projects, with construction set to begin within two months. 

(ET)       

The Tamil Nadu State Environment Impact Assessment Authority (SEIAA) has approved the environmental clearance for the construction of Tidel parks in Madurai and Trichy, marking a significant step forward for these highly anticipated projects. Tenders for the developments have already been issued, and officials from TIDEL Park Limited have announced that foundation stones will be laid within the next month. The Madurai Tidel Park will be located near the Mattuthavani bus stand, covering 9.97 acres with a built-up area of 567,000 sqft. With an estimated cost of Rs 2.89 billion, the park will feature a ground floor and 12 additional floors. Designed to support IT and IT-enabled services (ITES) companies, the facility will offer plug-and-play workspaces, high-speed internet, conference rooms, incubation centers, and recreational areas. Upon completion, the park is expected to create around 5,500 direct jobs, significantly enhancing Madurai's economic and technological landscape. In Trichy, the Tidel Park will be developed near the integrated bus terminus at Panjappur, along the Trichy-Madurai national highway. The project, covering 11 acres and a built-up area of 550,000 sqft, is estimated to cost Rs 2.9 billion. Similar to the Madurai project, it will offer advanced infrastructure for IT and ITES companies and is expected to generate about 5,000 jobs, reinforcing Trichy's role as an emerging industrial hub. Both projects are being led by Tidel Park Limited, a Tamil Nadu government initiative. After a thorough review process, SEIAA has granted the necessary environmental clearance. A senior official from Tidel Park Limited stated that Chief Minister M.K. Stalin is expected to lay the foundation stones for both projects, with construction set to begin within two months. (ET)       

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code