TIDCO extends the deadline for proposals to choose airport consultant

03 Jan 2023 CW Team

The deadline for submitting proposals to the Tamil Nadu Industrial Development Corporation (TIDCO) to find a consultant to create a techno-economic report for the Parandur greenfield airport has been extended. The deadline for opening the tenders was originally January 6, but it has been postponed by a month. In the 4,500 acres of land that have already been set aside for the project, around 70 kilometres from the city, the consultant will carry out the study, compile a report, and choose builders for the new airport. According to sources, the firm asked for more time due to festive holidays, which resulted in the deadline for bidders to submit their offers being extended.

“All of them who participated in the pre-bid meeting requested extra time because the work to prepare documents and other work is anticipated to slow down due to holidays between Christmas, New Year, and Pongal,” stated an official. The initiative has garnered positive feedback, and the work will be finished once all the studies have been completed, he said. The chosen consultant will create a thorough techno-economic report that will include a traffic forecast, market analysis, aviation sector study, evaluation of the project site, including an obstacle limitation surface study, creation of airport masterplan, economic and financial analysis, environmental and social impact assessment, and obtaining of statutory clearances. The existing airport in Meenambakkam can be expanded with some limitations, hence the government is planning to construct a new airport with a capacity to handle 100 million passengers annually for a cost of INR 200 billion.

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..