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GMR Infrastructure is looking to complete land acquisition for its 3,300 acre special economic zone (SEZ) in four months.
Indian Oil Corporation along with the Tamil Nadu Industrial Development Corporation Ltd (TIDCO) will set up a Rs 10,000-crore LNG terminal and power plant near Chennai.
Despite its subdued mood, in the last financial year, real estate activity seems to be picking up and growing at a steady pace in Tamil Nadu.
The Petroleum Ministry is negotiating with the state administration to set up a LNG (liquefied natural gas) terminal and a power plant at Ennore.
The Tamil Nadu Government cleared six projects valued at Rs 8,996 crore, including a gas terminal to be jointly set up by Indian Oil Corporation and TIDCO.
State Chief Minister J Jayalalithaa informed the assembly that the Tamil Nadu Industrial Development Corporation (Tidco) would implement Rs 3,500-crore worth projects across port, power and natural gas sectors. The project includes a deep water port, floating storage re-gasification unit and a 500 mw gas-based power plant in the southern district of
The Tamil Nadu Industrial Development Corporation (Tidco) has plans of procuring and allotting land for two major special economic zone projects - one by GMR Infrastructure Ltd and another by the GVK Group.
Indian Oil Corp (IOC) is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore.
The revenue officials from Visakhapatnam have been reportedly asked to hand over 40 acre of government land at Aganampudi, a suburb in Visakhapatnam.
Andhra Pradesh Chief Minister N Chandrababu Naidu has announced that a 'construction city' will be established in Donakonda in Prakasam district, Andhra Pradesh.