Maduravoyal-Sriperumbudur corridor to begin this year

09 Aug 2023 CW Team

The National Highways Authority of India (NHAI) is gearing up to initiate its Rs 3,500-crore venture, the Maduravoyal-Sriperumbudur elevated corridor spanning 23.2 kilometers. The project is poised to kick off before the culmination of this fiscal year, in accordance with NHAI's outlined plans for the year.

The comprehensive blueprint for the six-lane corridor is in its final stages of preparation. The corridor is set to traverse the median of the Chennai-Bengaluru Highway, upheld by a singular pillar for its superstructure. Anticipated to transpire within a couple of months, the tendering process for the project is in the pipeline.

The project is a pivotal component of the nascent Bengaluru-Chennai Expressway, envisioning its integration seamlessly. The construction is envisaged to unfold in two distinct segments: the first encompassing the stretch from Maduravoyal to the Chennai Outer Ring Road, and the subsequent one spanning from that juncture to Sriperumbudur. Ultimately, the corridor will conjoin with the highway just before the Sriperumbudur toll plaza.

This particular span of the highway currently accommodates approximately 115,000 passenger car units, with traffic peaking at around 100,000 vehicles during the busiest hours. Upon the culmination of this venture, an estimated 80 percent of these vehicles are projected to opt for the elevated road, facilitating smoother and more efficient transportation.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..