+
Tamil Nadu Seeks Central Aid for Port Development
PORTS & SHIPPING

Tamil Nadu Seeks Central Aid for Port Development

E V Velu, the Minister for Public Works, which includes buildings, highways, and minor ports, has requested financial assistance from the central government to foster the development of non-major ports in Tamil Nadu. Speaking at a roadshow in preparation for the upcoming three-day Global Maritime India Summit, Velu emphasised the positive impact of the VOC port expansion project on the state's economy and job creation. He called for similar recognition and funding for the development of additional ports in the region.

Sunil Paliwal, Chairperson of the Chennai Port Authority, stressed the importance of addressing capacity constraints at ports to maintain competitiveness in handling substantial shipments.

Tamil Nadu boasts three of India's 12 major ports, making it a crucial location for attracting investments in the maritime sector. S Krishnan, Additional Chief Secretary of the Industries, Investment Promotion, and Commerce Department, emphasised the state's vast peninsular coastline and its potential as a desirable destination for cruise tourism.

These ports play a pivotal role in supplying coal to thermal power plants, and the central government aims to promote Tamil Nadu as a bunker hub. Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, noted that a series of projects are already underway to realise this goal.

This appeal for central assistance underscores Tamil Nadu's ambition to further develop its maritime infrastructure, enhance economic growth, and solidify its position as a prominent player in India's port and shipping sector.

E V Velu, the Minister for Public Works, which includes buildings, highways, and minor ports, has requested financial assistance from the central government to foster the development of non-major ports in Tamil Nadu. Speaking at a roadshow in preparation for the upcoming three-day Global Maritime India Summit, Velu emphasised the positive impact of the VOC port expansion project on the state's economy and job creation. He called for similar recognition and funding for the development of additional ports in the region.Sunil Paliwal, Chairperson of the Chennai Port Authority, stressed the importance of addressing capacity constraints at ports to maintain competitiveness in handling substantial shipments.Tamil Nadu boasts three of India's 12 major ports, making it a crucial location for attracting investments in the maritime sector. S Krishnan, Additional Chief Secretary of the Industries, Investment Promotion, and Commerce Department, emphasised the state's vast peninsular coastline and its potential as a desirable destination for cruise tourism.These ports play a pivotal role in supplying coal to thermal power plants, and the central government aims to promote Tamil Nadu as a bunker hub. Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, noted that a series of projects are already underway to realise this goal.This appeal for central assistance underscores Tamil Nadu's ambition to further develop its maritime infrastructure, enhance economic growth, and solidify its position as a prominent player in India's port and shipping sector.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?