Latest Project Updates
Rs.1500 Million Steam and Power Systems Modernisation Project in Karur, Tamil Nadu
Executive Summary: A company is planning a Steam and Power Systems Modernisation Project in Kagithapuram, Tamil Nadu. The project includes replacing existing boilers with high-pressure units and adding a turbo generator. Phase-I will install one boiler, funded with debt, and is set to be operational by March 2026. The total project cost is Rs. 1500 million.
Rs.4000 Million New Modern Industrial and Logistics Facility in Chennai, Tamil Nadu
Executive Summary: A company is planning to develop a New Modern Industrial and Logistics Facility in Mannur, Chennai, Tamil Nadu, covering 1.2 million square feet, with an estimated cost of Rs. 4000 million. As of January 2025, the company has acquired a 50-acre land parcel, and pre-project activities are in progress, laying the foundation for the facility's development.
Rs.2700 Million New Waste Treatment Project in Virudhunagar, Tamil Nadu
Executive Summary: A waste management project in Virudhunagar, Tamil Nadu, aims to develop facilities for hazardous waste treatment, storage, disposal, and recycling. With an investment of Rs. 2700 million, construction runs from September 2024 to March 2026, pending clearance.
New Common Bio-Medical Waste Treatment Facility in Ramanathapuram, Tamil Nadu
Executive Summary: A new Common Bio-Medical Waste Treatment Facility is planned in Ramanathapuram, Tamil Nadu, covering an area of 7648.56 Sq.m (1.89 acres). With an estimated cost of Rs. 14.7 million, the project is set to begin construction in June 2025 and complete by December 2025. The project is under environmental clearance review as of January 2025.
Rs.2890 Million New Tidel Park Construction Project in Madurai, Tamil Nadu
Executive Summary: A new commercial development project is planned in Thallakulam Village, Madurai, Tamil Nadu, involving the construction of a 52,677.43 sq. m. commercial complex. The project is estimated at Rs. 2890 million, with construction scheduled from February 2025 to July 2026. As of January 2025, the project is awaiting environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.980 Million Paints Mfg. Expansion Project in Tamil Nadu
Executive Summary: A leading paint manufacturer is planning an expansion project in Hosur, Tamil Nadu, to increase its production capacity from 15,500 to 28,140 tonnes per month. The facility will produce paints, varnishes, enamels, powders, and resin. With an estimated investment of Rs. 980 million, the project aims to meet rising market demand. It was announced in January 2025.
Rs.1622 Million New Hospital Construction Project in Krishnagiri, Tamil Nadu
Executive Summary: A leading infrastructure firm plans an Rs.1,622 million 400-bed hospital in Hosur, Tamil Nadu, featuring 2 basements, 8 floors, and a bio-medical waste room. Construction starts in Feb 2025 and ends by Nov 2026, pending environmental clearance.
Rs.2258 Million New Industrial Park in Sivagangai, Tamil Nadu
Executive Summary: As State PSU plans to build a new industrial park in Sivagangai, TN, covering 314.07Ha (775.75Acres). The project cost is estimated at Rs.2258.027 million, construction begins in 2023 and ends in 2025. Environmental clearance is underway as of Jan 2023, offering opportunities for businesses, job creation, and regional economic growth.
Rs.2500 Million New Helmet Mfg. Expansion Project in Hosur, Tamil Nadu
Executive Summary: A new helmet manufacturing plant is planned in Hosur, Tamil Nadu, with a capacity of 20,000 units over two years. The estimated project cost is Rs. 2500 million. The company is in the final stages of land acquisition as of October 2023, aiming for operational status within the next two years.
Rs.5000 Million Port Expansion Project in Tuticorin, Tamil Nadu
Executive Summary: A port expansion project at V.O. Chidambaranar Port in Tuticorin, Tamil Nadu, will develop North Cargo Berth-III with a capacity of 6.96 million tonnes per annum. The Rs. 5000 million project is funded by a ₹500-crore term loan from ICICI and Canara Bank.