Tamil Nadu’s Infrastructure Development Board (TNIDB) is forging ahead with ambitious plans to attract Rs 7,035 crore in investments through public-private partnerships (PPP). These funds are earmarked primarily for critical projects in highways and minor ports, representing a significant push towards bolstering the state’s infrastructure.
Key highlights of the investment plan include Rs 3,000 crore allocated for the development of a Greenfield port in Cuddalore. Spanning over 1,000 acres of sea poramboke land, this project aims to enhance port capacity to 13 million tonnes per annum. The port’s construction, under the design-build-finance-operate-transfer (DBFOT) model, is slated to commence within the next eight years following tender awarding. The government has already infused Rs 159 crore for initial infrastructure development, including crucial expansions of breakwaters and dredging operations.
Another substantial endeavour is the Rs 1,800 crore monetisation initiative for the Outer Ring Road stretch spanning 60.5 km from Vandalur to Minjur. Operating under the toll-operate-transfer (TOT) mode, this project seeks to improve connectivity and ease traffic congestion significantly.
Furthermore, Tamil Nadu is progressing with plans for a Rs 285 crore ropeway project linking Marina Beach to Elliot’s Beach, featuring three stations, in collaboration with the National Highways Logistics Management Limited. This initiative aims to enhance tourism and connectivity between prominent Chennai landmarks.
Additionally, the state envisions a Rs 600 crore trestle jetty to facilitate passenger ferry services and cargo handling, with a proposed route from Rameswaram to Talaimannar covering 24 nautical miles. Currently, detailed project reports are in preparation stages to facilitate seamless implementation.
Moreover, a feasibility report is underway for a Rs 1,300 crore elevated corridor project spanning 14.6 km along the East Coast Road from Thiruvanmiyur to Uthandi. This initiative aims to further mitigate congestion and enhance travel efficiency along this vital coastal route.
The comprehensive strategy outlined by TNIDB underscores Tamil Nadu’s commitment to modernising its infrastructure landscape, fostering economic growth, and attracting private sector participation in critical development sectors.
