Trichy Corp Receives Rs 810.7 Mn for Link Road from Panjapur Terminus

03 Dec 2024 CW Team

According to officials from the Trichy corporation, the link road will span 9.8 km, starting from the right bank of the Koraiyar river near the IBT and ending at the right bank of the Kudamurutti river near the police checkpost on the Trichy-Karur national highway. The entire road has been divided into three sections: I, II, and III.

The local body recently received 810.7 million for the construction of Section I, which will cover the stretch between Panjapur and Karumandapam. The funds include both loans and grants under the Sustainable Municipal Infrastructure Finance – Tamil Nadu (SMIF-TN) initiative.

Section I will feature elevated roads for 1.3 km, and a rail overbridge will span 640 meters near Gandhi Nagar. Retaining walls along the river bund will be developed for a length of 2.2 km. The section will also have a 1.2 km footpath and a 1 km-long closed stormwater drain.

A senior official stated that the link road will have two lanes, and funds for Sections I and II have already been secured from various schemes. Funds for Section III, the longest stretch between Karumandapam and Woraiyur, will be obtained soon.

The entire project is estimated to cost around Rs 3.67 billion. Since Section III is expected to require land acquisition, additional funds may be necessary for compensation. While the Trichy corporation initially proposed landscaping and beautification as part of the project, these components have been removed by the state government to reduce the overall cost.

Officials mentioned that elevated stretches with approach roads would be constructed at intersections on the Trichy-Dindigul NH, Vayalur Road, and near the Kuzhumayee Amman temple behind the district collector's office. Work on the project may be inaugurated by Chief Minister M K Stalin during his visit to Trichy in the coming months.

The municipal administration and water supply department have sanctioned a sum of 810.7 million for a section of the new link road project, which will connect the upcoming Integrated Bus Terminus (IBT) at Panjapur with the core city areas. According to officials from the Trichy corporation, the link road will span 9.8 km, starting from the right bank of the Koraiyar river near the IBT and ending at the right bank of the Kudamurutti river near the police checkpost on the Trichy-Karur national highway. The entire road has been divided into three sections: I, II, and III. The local body recently received 810.7 million for the construction of Section I, which will cover the stretch between Panjapur and Karumandapam. The funds include both loans and grants under the Sustainable Municipal Infrastructure Finance – Tamil Nadu (SMIF-TN) initiative. Section I will feature elevated roads for 1.3 km, and a rail overbridge will span 640 meters near Gandhi Nagar. Retaining walls along the river bund will be developed for a length of 2.2 km. The section will also have a 1.2 km footpath and a 1 km-long closed stormwater drain. A senior official stated that the link road will have two lanes, and funds for Sections I and II have already been secured from various schemes. Funds for Section III, the longest stretch between Karumandapam and Woraiyur, will be obtained soon. The entire project is estimated to cost around Rs 3.67 billion. Since Section III is expected to require land acquisition, additional funds may be necessary for compensation. While the Trichy corporation initially proposed landscaping and beautification as part of the project, these components have been removed by the state government to reduce the overall cost. Officials mentioned that elevated stretches with approach roads would be constructed at intersections on the Trichy-Dindigul NH, Vayalur Road, and near the Kuzhumayee Amman temple behind the district collector's office. Work on the project may be inaugurated by Chief Minister M K Stalin during his visit to Trichy in the coming months.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Building Material

13 Oct 2025

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Infrastructure Urban

13 Oct 2025

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..