Now Chennai Port-Maduravoyal expressway to cost Rs 24 billion. Read below to know the additions in its revised work

22 Oct 2018 CW Team

The National Highway Authority of India (NHAI) will be soon resuming the work of Chennai Port-Maduravoyal expressway at a revised cost of Rs 24 billion from Rs 18.15 billion. Citing to environmental violations, the project had been shelved. Sticking to the original plan of acquiring 14,000 sq m of defence land near Napier Bridge along the expressway alignment, the revised project report was submitted to NHAI’s project unit in Chennai by L&T. The authorities has initiated land acquisition and are in the process of floating new tenders. After checking the stability and keeping in mind the aging factor, the existing structures (twin pillars) constructed for nearly 5 km at Koyambedu and on the banks of river Cooum in Chetpet will be used. A single column pier will be constructed instead of twin column, as per the recommendations of the state government.

Besides, the second phase of the project will be the elevated expressway of 10 km from Maduravoyal to Poonamallee. However, the project which was started in 2010 was stalled in 2011 as the construction of the pillars on the Cooum river would impact the environment, resulting in floods of the residential areas on either side of the river. Of the 19 km elevated expressway, nearly 14 km runs along the Cooum river.

The Edapaddi K Palaniswami government resumed the project by signing a State Support Agreement (SSA) with the centre. Pon Radhakrishnan, Union Minister of State for Shipping and Ports pushed for the project to ease the container traffic to the port and reduce travel time.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..