Tuticorin port to be transformed into transhipment hub
PORTS & SHIPPING

Tuticorin port to be transformed into transhipment hub

The V O Chidambaranar (VOC) Port or the Tuticorin Port in Tamil Nadu is set to be transformed into a major transhipment port, and a new multi-modal logistics park will be set up near Sriperumbudur.

In August last year, port Chairman T K Ramachandran had said that the port would be transformed into a transhipment hub at an outlay of Rs 7,000 crore.

While launching various infrastructural, social welfare projects in the state, Prime Minister Narendra Modi said about 575 projects, which include port modernisation, new port development, port linked industrialisation, coastal community and port connectivity development involving an outlay of over Rs 6 lakh crore, has been identified for implementation between 2015 and 2035 under the Sagarmala scheme.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Inaugurating the 4,144 tenements built under the Pradhan Mantri Awas Yojana (Urban) Scheme, Modi also laid the foundation stone for the Rs 20 crore 5 MW grid connected solar power plant at VOC Port.

The Prime Minister also inaugurated the eight laning of the Korampallam Bridge and Rail Over Bridge at the VOC Port, constructed at an outlay of about Rs 42 crore.

Other projects that were unveiled included a 1,000 MW thermal power project, at an outlay of about Rs 8,000 crore, and a 709 MW solar power project worth around Rs 3,000 crore, belonging to an integrated lignite power company—NLC India Ltd.

Foundation stones for the Rs 934 crore Lower Bhavani Project System that includes extension, renovation, and modernisation and the Rs 92 crore development of the integrated command and control centres in smart cities were also laid by the Prime Minister.

Image Source


Also read: Multimodal connectivity aims to reduce time and cost

The V O Chidambaranar (VOC) Port or the Tuticorin Port in Tamil Nadu is set to be transformed into a major transhipment port, and a new multi-modal logistics park will be set up near Sriperumbudur. In August last year, port Chairman T K Ramachandran had said that the port would be transformed into a transhipment hub at an outlay of Rs 7,000 crore. While launching various infrastructural, social welfare projects in the state, Prime Minister Narendra Modi said about 575 projects, which include port modernisation, new port development, port linked industrialisation, coastal community and port connectivity development involving an outlay of over Rs 6 lakh crore, has been identified for implementation between 2015 and 2035 under the Sagarmala scheme.4th Indian Cement Review Conference 202117-18 March Click for event info Inaugurating the 4,144 tenements built under the Pradhan Mantri Awas Yojana (Urban) Scheme, Modi also laid the foundation stone for the Rs 20 crore 5 MW grid connected solar power plant at VOC Port. The Prime Minister also inaugurated the eight laning of the Korampallam Bridge and Rail Over Bridge at the VOC Port, constructed at an outlay of about Rs 42 crore. Other projects that were unveiled included a 1,000 MW thermal power project, at an outlay of about Rs 8,000 crore, and a 709 MW solar power project worth around Rs 3,000 crore, belonging to an integrated lignite power company—NLC India Ltd. Foundation stones for the Rs 934 crore Lower Bhavani Project System that includes extension, renovation, and modernisation and the Rs 92 crore development of the integrated command and control centres in smart cities were also laid by the Prime Minister. Image Source Also read: Multimodal connectivity aims to reduce time and cost

Next Story
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement