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Old November 22nd, 2006, 08:39 PM   #1
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Tamil Nadu - Projects and Development II

Continued from here

Tamil Nadu - Economy & Infrastructure I
http://www.skyscrapercity.com/showthread.php?t=180530

Last edited by Suncity; December 27th, 2007 at 06:23 AM.
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Old November 22nd, 2006, 08:42 PM   #2
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Agri growth key to improving TN economy, says State Planning Commission

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Tamil Nadu can achieve target of 8.5 per cent overall economic growth fixed by the Centre in the 11th Five Year Plan, if it is able to raise agricultural growth to 4 per cent, according to the Deputy Chairman of State Planning Commission, Mr M N aganathan.

Speaking to reporters after releasing the approach paper to the State's 11th five-year plan, he said stagnation in economic growth all over India was due to stagnation in agricultural growth. The approach paper deals with steps to revive the agricultural sector and make it a profitable sector, he said and added that the plan would be prepared within six to eight months.

"As far as the Human Development Index is concerned, Tamil Nadu is in third place in the country. This is due to allotment of funds to social welfare schemes especially education and health. We want to focus on uniform economic development." Another targ et was to raise the literacy rate to 100 per cent and to develop industrial skills, keeping pace with modern industry, he said adding that the approach paper had given plans to reduce the percentage of people Below Poverty Line from the 22 per cent (1.4 crore people) to 10 per cent.

The State had sought more funds from the Centre as it was spending over 25 per cent for the social welfare sector as it was getting reduced funds from the Centre.
http://www.thehindubusinessline.com/blnus/14221105.htm
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Old November 22nd, 2006, 10:41 PM   #3
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L and T shorlists 3 states for Shipyard

http://www.thehindubusinessline.com/...2306740300.htm

The game is not over. I thought kakinada was selected over Ennore port

Shortlists AP, TN, Gujarat; location to be finalised by Jan -------------------------------------------------------------------------
Mega plans
The company is examining whether to hive off its shipbuilding unit into a subsidiary or a separate company.
It is in the process of sewing up a joint venture with Mitsubishi Heavy Industries for manufacture of super-critical boilers.


Can any one comment on Trichy's potential to grab this boiler plant ? I know there are many vendors in and around Trichy supporting BHEL.
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Old November 24th, 2006, 08:33 AM   #4
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State's growth pattern "somewhat skewed"

http://www.hindu.com/2006/11/24/stor...2408350400.htm

Quote:
`Disquieting trends' noticed over years, says Approach Paper to 11th Plan





--------------------------------------------------------------------------------

Primary sector has been in a crisis through 1993-94 to 2005-06
Many gaps and disparities in access to services
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CHENNAI: The State Planning Commission's Approach Paper to the 11th Five Year Plan (2007-2012), released on Tuesday, brought out several "disquieting trends" noticed in the economy of the State over the years.

It has mentioned that the annual growth rates of the Gross State Domestic Product (GSDP) of Tamil Nadu during the periods of Ninth Plan (1997-2002) and Tenth Plan (up to 2005-06) were 4.9 per cent and 5.9 per cent respectively against the all-India figures of 5.5 per cent and 7 per cent. The nature and pattern of the growth pattern in the State has been "somewhat skewed," with both spatial and sectoral imbalances.

Giving importance to what it calls "the agricultural crisis," the document unambiguously says "the primary sector, of which agriculture is the backbone, has been in a crisis through the period 1993-94 to 2005-06."

Noting the reduction in the net sown area in the last 25 years, the Approach Paper, which is available on the State Government's website, says that apart from drought situations, increasing conversion of agricultural land for other purposes is responsible for the development. More than 15 per cent of the area of the State is fallow. The per work productivity in the primary sector is less than a fourth of per worker productivity in the non-primary sector and the gap is widening.

Income deprivation


Even while the relative share of agriculture in the overall economy has declined, nearly 56 per cent of the population continues to be dependent on agriculture and allied activities. "The crisis in agriculture is causing income deprivation among thousands of families of small and marginal farmers and landless labourers dependent on agriculture and forcing the pace of an already existing rural-urban migratory trend," the document says. In this context, it refers to the fact that the large number of persons has turned up to register themselves under the recently-launched National Rural Employment Guarantee Scheme.

Conscious of the gravity of the situation, the Chief Minister, in his foreword to the document, states that "in the Eleventh Plan, the State will have to pay particular attention to revitalising the agricultural sector."

Quoting the 2004 National Sample Survey data, the Approach Paper says the growth rate of employment during 1993-94 to 2004 was 0.2 per cent compared to 1.74 per cent during the previous decade (1983 to 1993-94). It has mentioned that the "unprecedented crisis" in the agricultural sector has had "important consequences" on employment generation and livelihood security of rural people.

In the registered and unregistered manufacturing sectors, the estimates of the GSDP at constant prices in 2003-04 were lower than the figures in 2000-01, though there was a slight improvement thereafter. "The major household industrial activities like handloom weaving are also facing serious problems which need to be addressed."

The decline in the number of khadi and village industrial units and the incidence of sickness in small-scale industry necessitate "more comprehensive direct intervention" by the Government.

On human development indices, the document, acknowledging "significant improvements" achieved by the State, says "there are many gaps and disparities to be addressed in terms of access to services and the quality of these services."

It calls for the reduction of infant mortality rates, particularly, female IMRs and maternal mortality.
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Old November 24th, 2006, 08:42 PM   #5
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German aid for urban development

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Federal Republic of Germany has committed to lend about Rs 440 crore (77 million) towards urban development infrastructure in Tamil Nadu, according to a press release. Under the framework of financial cooperation, the proposed amount would be utilised by the Tamil Nadu Urban Development Fund to improve living and environment related conditions besides financially enabling urban local bodies to access the Indian capital market, the release said.
http://www.thehindubusinessline.com/...2502042100.htm
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Old November 25th, 2006, 11:41 PM   #6
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Over Rs. 550 crore for afforestation project

It will be taken up in 160 villages adjacent to forests in Phase II, says Minister

Krishnagiri: The Phase II of the Tamil Nadu Afforestation Project (TAP) is being implemented in the State to upgrade 4 lakh acres of degraded forests in 200 villages at an estimate of Rs. 567.42 crore. The project will be implemented from 2006 to 2013 with assistance from the Japan Bank of International Cooperation (JBIC).
Under the project, afforestation will be taken up in 160 villages adjacent to forests and 40 tribal villages, said Forests Minister N. Selvaraj here on Saturday.
Activities
A total of 13,375 acres would be taken up for afforestation in 25 villages in Dharmapuri and Krishnagiri districts. Income generation activities, tribal welfare activities and empowerment of women through self-help groups would be taken up in the above villages. Activities such as soil and water conservation, rainwater harvesting and development works would also be taken up.
He said as part of the project varieties including pungan, neem, bamboo, jamun, neermarudhu, tamarind and vembu would be planted in the areas. More than 1,300 villages were covered during the Phase I of the project in 1997.
Upgradation
Mr. Selvaraj said that under the project a total of 250 hectares of degraded forestland were taken up for upgradation in Ekalnatham village in Naralapalli panchayat in Krishnagiri district. As many as 15,000 saplings including pungan, neem and vembu were planted on 150 hectares.
Saplings were being planted in the remaining 100 hectares in the village. The State Government had allotted Rs.15.34 lakh for this purpose. Three SHGs were formed in the village. More than 120 families in the village were engaged in collection of minor forest produce to sustain their livelihood.
Basic amenities
Collector Santhosh Babu said that efforts would be initiated to improve the basic amenities in Ekalnatham. Panchayat presidents should have a dream about how their panchayat would look in the next five years. A plan of action should be prepared for every panchayat to transform the dream into action.
A total of 68 village panchayats in the district were selected under the Anaithu Gramam Anna Marumalarchi Thittam in the current year.
Web-based system
For the first time in the State, the Krishnagiri district administration had prepared a web-based grievances redressal System. The programme would be launched shortly, the Collector said.

http://www.hindu.com/2006/11/26/stor...2602680300.htm
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Old November 26th, 2006, 12:10 AM   #7
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Malaysia Airlines to launch 5-point service

MADURAI: Malaysia Airlines is planning to launch a five-point service between Trichy, Madurai, Chennai, Singapore and Malaysia to ensure a hassle-free trip for Malaysia and Singapore-bound passengers from cities like Madurai and Trichy in the near future, said C N Shanmugham, sales manager, Tamil Nadu and Kerala, Malaysia Airlines.
Speaking at a function held here to promote the Malaysian Tourism Department’s new tourism booster campaign ‘Visit Malaysia 2007’ among air-travel agents from the southern parts of the State, he said, “ A large number of people from second-tier cities are now making international trips.
In fact, 37 percentage of the total foreign-bound Indian tourists are from second-tier cities,” said Joseph K Jose, marketing manager of Malaysia Tourism Promotion Board.
‘Visit Malaysia 2007’ has been launched on the occasion of the golden jubilee year of Malaysian Independence with a view to attracting 20.1 million tourists to Malaysia. “Tourism is the second largest industry in Malaysia and India is rated as the ninth tourist provider country for Malaysia,” Jose added.
Malaysia Airlines, a major airliner operating daily flights to Malaysia from Chennai and other major cities, have come up with a number of passenger-friendly initiatives, which are likely to serve as tourism boosters.

http://www.newindpress.com/NewsItems...+Nadu&Topic=0&
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Old November 26th, 2006, 10:47 PM   #8
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Power projects: TN gets proposals from 15 cos

Reliance Energy Ltd, National Thermal Power Corporation Ltd and Essar Power are some of the companies that have shown interest in setting up power projects in Tamil Nadu.

The Tamil Nadu Government has received proposals for about 28,725 MW of capacity from 15 companies.

The proposals include a 4,000 MW ultra mega power project, which the State Government wanted the Centre to be located in Tamil Nadu.

Apart from the two projects it has announced in Tamil Nadu, the NTPC is also looking at a 4,000 MW power project in Nagapattinam district.

According to reliable sources, the Tamil Nadu Government is keen that the NTPC consider the possibility of putting up this super thermal power project.

Coast-based

All the proposals are for coast-based thermal power plants, according to the sources.

Reliance Energy Ltd has submitted a proposal to set up a 3,000 MW power plant, which, according to the sources, is part of the multi-product special economic zone that the Reliance Anil Dhirubhai Ambani Group has proposed in Tamil Nadu.

In September, Mr Anil Ambani, Chairman of Reliance Anil Dhirubhai Ambani Group, had outlined investment plans of Rs 12,000 crore, which included Rs 10,000 crore in a multi-product special economic zone.

The special economic zone was to include a desalination plant and a 1,000 MW integrated power project.

The investment proposals include some projects for which memoranda of understanding were signed with the promoters during 1991-96.

These are Tri-Sakthi Energy (P) Ltd for a 525 MW project, India Power Project Ltd - 1,000 MW, SPIC Energy (P) Ltd - 1,000 MW, Chennai Power Company - 1,000 MW, and Cuddalore Thermal Power Project - 1,320 MW, for which the Government has said that a power purchase agreement has been signed.


More proposals

The other proposals are: Ashok Leyland Projects, First Corp Petrochem, UTL Utility Systems, Essar Power, GMR Power, Coal & Oil Company LLC, Dubai, Trichy Power Project - 1,000 MW each; Empee Power & Infrastructure Ltd - 1,200 MW; Neyveli Lignite Corporation at Jayamkondam - 2,000 MW; EDF Portugal (Spain) - 2,000 MW; and NTPC - 4,000 MW near Tirukkuvalai in Nagapattinam and 2,000 MW at Cheyyur, about 100 km from Chennai.


At a Power Ministers' conference in Delhi recently, Mr N. Veeraswami, Tamil Nadu Electricity Minister, wanted to know whether the State could enter into agreements with the project promoters to buy power and also to sell surplus power, especially since the Electricity Act specified that States could buy power only through tariff-based international competitive bidding.

Capacity addition

Besides these project proposals, the Tamil Nadu Electricity Board has lined up 6,600 MW of capacity addition during the Eleventh Five Year Plan period — through its own projects, through joint ventures and as the State's share of Central sector projects.

The TNEB proposes to add 500 MW each of coal-based power at the North Chennai and Mettur thermal power stations, an additional 95 MW gas-based plant at Valuthur and 60 MW of hydro power at the Bhavani Kattalai barrages.

The joint venture projects include 1,000 MW with Neyveli Lignite Corporation at Tuticorin (of which Tamil Nadu's share will be 495 MW), 1,000 MW with NTPC at north Chennai (Tamil Nadu's share being 716 MW).

The TNEB has also included 463 MW as its share from the 1,000 MW second unit of the Kudankulam nuclear power plant, 325 MW from NLC's thermal power station expansion and 167 MW from the 500 MW MAPS Fast Breeder Reactor.

The TNEB also proposes 1,000 MW expansion on its own at Tuticorin, 500 MW at Ennore and 500 MW through the Kundah pumped storage hydro-electric project.
http://www.thehindubusinessline.com/...2701691500.htm
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Old November 27th, 2006, 03:54 AM   #9
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28725 Mw is huge. even if half of that goes through, it is a very healthy growth in the power sector. i actually think by adding so much, TN might even be able to export some to other states if there is surplus, which i think will be.
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Old November 27th, 2006, 09:59 PM   #10
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Social Structure, Tax Culture and the State: Tamil Nadu, India

Professor Barbara Harris-White presents a paper written with Amrita Jairaj.

http://video.google.com/googleplayer...88721885&hl=en

Professor Barbara Harriss-White is the Director, Queen Elizabeth House, Oxford University's Department of International Development, Professor of Development Studies and Fellow of Wolfson College. Her disciplinary background is in Agricultural Science, Agricultural Economics, Development Economics, Economic Anthropology and Development Studies. She has examined structures and relations of identity as regulators of accumulation and class formation in India's non-state-regulated economy. This video was recorded in the Cairnes Graduate School of Business and Public Policy at the National University of Ireland, Galway during the "Growth and Crisis: Social Structure of Accumulation Theory and Analysis" held in Galway (Ireland) between the 2nd and 4th of November 2006. The academic committee of this conference was composed of Terrence McDonough at NUIG, Michael Reich at the University of California, Berkeley, and David Kotz at the University of Massachusetts, Amherst
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Old November 28th, 2006, 12:29 AM   #11
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TN favours a balanced growth of all sectors

Quote:
The SEZ numbers:
In-principle approval given for 19
Formal approval (land with developer): 26
IT and ITES: 20 Product -specific SEZs (non IT): 19 Multi-product SEZs: 6

Agriculture accounted for about 14 per cent of the Gross State Domestic Produce but 56 per cent of the population was dependent on agriculture.

The services sector including information technology contributed to about 56 per cent of the State's GDP and manufacturing sector 30 per cent.

In the last six months the Government had entered into MoUs with six companies whose cumulative investments would be Rs 2,685 crore.

These companies will generate over 53,000 jobs, including 26,000 direct jobs. These are investments in IT hardware, automobile components and footwear and are in various stages of implementation.

More investors have filed Industrial Entrepreneurship Memorandum (IEM) with the Central Government expressing intention to invest in Tamil Nadu. These represent over 1.61 lakh jobs at a total investment of about Rs 11,500 crore

Tamil Nadu was well set to meeting the growing demand for power for the next three years. The State was power-surplus with an installed capacity of 12,137 MW. The highest demand during the year had been 8,544 MW with a peak summer consumption of about 173 million units on one day.

By the end of the 11th Plan, a 3,000-MW deficit is anticipated and plans are on to meet that demand. Over 5,000 MW of power would be added with an additional 5,000 MW from the Central sector and private sector power projects. "Power management is on the right track

More....http://www.thehindubusinessline.com/...2801852100.htm
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Old December 1st, 2006, 03:10 PM   #12
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Anna varsity inks pact with European universities

CHENNAI: Anna University has signed a memorandum of understanding (MoU) with European universities and institutions for joint academic and research programmes.
The MoUs were signed during the recent visit of D. Viswanathan, Vice-Chancellor, Anna University, to institutions in Norway, The Netherlands, Germany and Italy.
An MoU was signed between Anna University and the Norwegian Geotechnical Institute for Research Collaboration for sharing of expertise in the areas of remote sensing, aerial mapping and digital elevation modelling among others. The document was signed by the Vice-Chancellor and Dr. Suzanne Lacasse, Managing Director, Norwegian Geotechnical Institute, Norway; in the presence of Kapil Sibal, Union Minister for Science and Technology.
The university signed an MoU with the University of Amsterdam, The Netherlands, and has agreed for academic and research co-operation in the areas of ocean engineering, coastal and water resources management. Two institutions have jointly agreed to conduct a master's programme on coastal management at Anna University, with financial support from the Ministry of Environment and Forests.
An MoU between Anna University and the University of Luneburg, Germany, was signed during the Vice-Chancellor's visit to Germany, for joint academic and scientific activities.
The Politechnic Institute of Torino, Italy, and Anna University have signed an MoU for collaboration in the areas of materials science and engineering, nanoscience and technology, and mechanical engineering.
Workshop
A workshop on opportunities for co-operation with India and China was jointly organised by the Politechnic Institute of Torino during the Vice-Chancellor's visit. About 40 researchers from China and four from India participated in the workshop. Potential areas of research and academic co-operation between European institutions and China and India, were discussed during the workshop.
The Vice-Chancellor held discussions with the authorities of the University of Bologna, University of Genoa, and University of Catania, Italy, for establishing academic and research co-operation in areas of mutual interest. He also held discussions with the University of Turin to review the existing MoU between Anna University and that university.
The Vice-Chancellor also visited the University of Pisa, Italy, and discussed the strengthening of collaborations under the new initiative of the Ministry of External Affairs, Government of Italy, on bilateral co-operation between India and Italy.

http://www.hindu.com/2006/12/01/stor...0113550500.htm
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Old December 1st, 2006, 03:15 PM   #13
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Rs.400 cr. for solid waste management

Facilities to make compost, fuel pellets soon
--------------------------------------------------------------------------------
3,225 tonnes of garbage generated daily
Corporation to bear operating costs
--------------------------------------------------------------------------------
Chennai : The Kodungaiyur and Perungudi dumping yards in Chennai will be equipped with modern facilities to manufacture compost, fuel pellets and electricity from solid waste.
The Chennai Corporation will take up the solid waste management project at a cost of Rs. 400 crore funded through the Jawaharlal Nehru National Urban Renewal Mission, City Mayor M. Subramanian told reporters on Thursday.
Solid waste of 3,225 tonnes per day (tpd) is generated in Chennai, in addition to 400 tpd of construction debris. According to a study commissioned by the Corporation, the amount of non-compostable waste such as plastic has increased from 10 per cent to 25-30 per cent in recent years. If the arbitrary disposal of garbage continues, Chennai will not have any dumping space left by 2015, said a Corporation official. Sanitary landfills alone would not be a solution, as they require large spaces. A system of multiple product recovery from solid waste has been worked out by Eco Save Systems, an agency commissioned to do research.
According to the project report, Perungudi and Kodungaiyur dumping yards could be equipped with infrastructure to process 800-1,000 tpd of garbage each. In the first phase of the project, only a part of the total waste generated can be processed. The compost derived will be used in Corporation parks, given free to farmers and marketed commercially. Similarly, the refuse-driven fuel pellets will either be sold or used for the production of thermal power that could be used by the Corporation.
The Jawaharlal Nehru Mission would cover infrastructure cost and the local body would have to bear the operating costs, estimated at Rs. 272 per tonne for composting and Rs. 350 per tonne for making fuel pellets.
This is economical when compared to cost of maintaining sanitary landfills at about Rs. 1,000 per tonne. Combined revenue of Rs. 17.5 crore per year (compost and fuel pellets) is expected from the processing units, while the operating cost is likely to be Rs. 14 crore per year.

http://www.hindu.com/2006/12/01/stor...0112690300.htm
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Old December 1st, 2006, 03:24 PM   #14
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Southern Railway makes things easier for the physically challenged

Battery-operated car launched at Chennai Central on Thursday

CHENNAI: The physically challenged can now get dropped off at their compartment from the entrance of the Chennai Central Railway Station. The battery-operated car, which can seat four besides the driver and has luggage space, can be booked by calling the Passenger Care Centre at 25348557. It can also be used to drop incoming passengers at the entrance. It will be available according to the booking on a first-come-first-serve basis.
Thomas George, General Manager, Southern Railway, launched the service here on Thursday morning. The car will be maintained by Srishti Communications, Chennai, which would also be providing the driver.
The vehicle was donated by Global Action, Bangalore, a non-governmental organisation.Provision has been made to charge the battery of the car at the Passenger Care Centre.
The car would be under the control of the Station Manager, and will have access to all platforms in the station, since the 11 platforms in the Central Railway Station are connected to the main concourse.
The service is being provided for the first time in the Southern Railway, and would be initially run on a trial basis by the Chennai Division. Depending on how well the service is utilised, more vehicles might be provided.

http://www.hindu.com/2006/12/01/stor...0115200200.htm
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Old December 1st, 2006, 10:08 PM   #15
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Tidel to be promoted as brand in IT infrastructure sector


Tidel will be positioned as brand in the information technology infrastructure sector to exploit the success and reputation of the Tidel Park set up six years ago, which catalysed growth of IT companies along the Old Mahabalipuram Road in Chennai.

According to officials, infrastructure facilities promoted for IT companies by the State-run industry promotion agencies will sport the Tidel nametag.

Over the next two years, three more Tidel Parks — two in Chennai and one in Coimbatore — are to come up.

The Tidel Park in Coimbatore, for which the foundation stone is to be laid soon, will be Tidel 4 "even if chronologically it is the second," say sources.

The two other Tidel parks in Chennai, for which the Tamil Nadu Industrial Development Corporation (TIDCO) will seek SEZ status, are to come up near the existing Tidel Park. One will be adjacent to it, on the IT Corridor, where TIDCO has 27 acres, and the other on a 25-acre spread at Taramani next to the American International School. The guideline value in this area is estimated around Rs 8-9 crore an acre.

According to sources in the know, TIDCO is awaiting the Government's nod before calling for bids for the projects. Both projects are to come up almost simultaneously and TIDCO will take up to 11 per cent stake. The private bidders will have to take the land value into account, said sources.

Tidel is a joint venture of TIDCO and Electronics Corporation of Tamil Nadu (ELCOT) to promote Tidel Park. It was among the initiatives that sparked the emergence of the Old Mahabalipuram Road as an IT Corridor.

The State Government hopes to build on the brand, they said.

All infrastructure facilities for IT companies supported by TIDCO will sport the brand Tidel even if it is in partnership with a private player.

At the time it was promoted, Tidel was to have provided consultancy and guidance services to real estate developers to help them meet the requirements of software companies and there was talk about a Tidel II, when estimates put the need for built up space for software companies was estimated at about 2 million sq. ft.

But after the initial euphoria of the Tidel Park I there was a gap in further development of space by TIDCO. It got back into the act when it joined with the Singapore-based Ascendas to promote the International Tech Park in Chennai about three years ago.

Developments in this sector have far outpaced estimates — in an interaction with newspersons recently officials said that over 150 No-objection-certificates have been issued for IT parks in Tamil Nadu.

Over 49 million sq. ft is to be developed and, of this, 6.5 million sq ft will be ready by the year-end. Apart from those announced, more are planned in Madurai and Tiruchi.
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Old December 2nd, 2006, 01:26 AM   #16
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Italian firms prefer to invest in India

Talented human resource a key factor influencing their decision

CHENNAI: China may be riding an economic boom, but when it comes to establishing facilities in Asia many Italian companies prefer India. They are impressed with the talent pool in the country and find that language is also not a challenge.
This message emerged from the speeches by senior executives of Italian subsidiaries in Tamil Nadu at a seminar on "Trends of cooperation between India and Italy in the mechanical sector" here on Friday. The firms also announced plans to make fresh investments.
Addressing the meet, organised by the Indo-Italian Chamber of Commerce and Industry (IICCI) and the Southern India Chamber of Commerce and Industry (SICCI), Bay Forge Limited director Carlo del Carretto said the situation in India was also improving. "Procurement of materials is less of a problem [now] ... infrastructure is being improved." Bay Forge, part of an Euro300 million group in Italy, had its manufacturing facility in Kancheepuram district and was hopeful of its parent company making more investments in it, he added.
M. Ganesh, managing director of Bonfiglioli Transmissions, an Italian subsidiary in Tamil Nadu, said the company was impressed with the "well-educated disciplined workforce," availability of raw materials and the relatively better IPR [Intellectual Property Rights] regime. Given the strong customer base in India, it was looking for additional land to expand. The business environment had undergone a major change since the late 1990s, when the company invested in the State nervously. "Whatever is possible to achieve in Italy is possible here."
Francesco Varrasi, a senior executive of Mind Resources, an Italian engineering service outsourcing firm, said there were plans to establish an Indian subsidiary. One of the key reasons for this was the presence of a large number of engineers and scientists. "We want to grow in India ... want to outsource everything to India."
K. Rajaraman, Special Secretary, Industries Department, said Tamil Nadu was not just about Chennai alone, as several tier-II cities were posting attractive growth rates. IICCI chairman Sauro Mezzetti said Italy was interested in cooperating with India in the mechanical sector.

http://www.hindu.com/2006/12/02/stor...0213770900.htm
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Old December 3rd, 2006, 11:31 AM   #17
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Rs. 727.65-cr. PLP projected for Krishnagiri

Rs. 218.17 crore has been allotted for crop production

Krishnagiri: The Potential Linked Credit Plan (PLP) for Krishnagiri district for 2007-08 envisages a credit outlay of Rs. 727.65 crore for development of various activities under priority sector as against the estimate potential of Rs. 545.62 crore during 2006-07 projecting a growth rate of 33.4 per cent, said Assistant General Manager of NABARD V. Thirumalai.
Muthappan, Assistant General Manager of Indian Bank, released the PLP prepared by NABARD at a meeting attended by bankers here on Saturday. Rajagopal, AGM, Reserve Bank of India, Chennai, received the first copy. As the district is predominantly rural a lion's share of the plan with Rs. 218.17 crore has been allotted for crop production, which constitutes 39 per cent of the total projection.
As per the PLP the potential for lending under agri-term loans has been estimated at Rs. 153.78 crore constituting 21 per cent of the total projection, Rs.71.35 crore for non-farm sector and Rs. 215 crore for other priority sectors.
The share of crop loans, agri-term loans, non-farm sector and other priority sectors worked out to be 39 per cent, 21 per cent, 10 per cent and 30 per cent respectively during 2007-08 as against their share of 43 per cent, 21 per cent, 10 per cent and 26 per cent projected during 2006-07. This is mainly on account of crop loan disbursement and increase in lending by banks to priority sectors.
Mr. Thirumalai said that the PLP also indicated the infrastructure gaps in various activities and the infrastructure support required to sustain the credit flow. In Krishnagiri district, under Rural Infrastructure Development Fund (RIDF) NABARD had sanctioned various projects, which included improvement of 49 roadworks to a length of 90 km, construction of 9 bridges and irrigation projects with a crop area of 3177.77 hectares, construction of 29 drinking water structures with a capacity of 7.60 lakh litres. The total RIDF assistance provided in the district till date is Rs. 54.56 crore.

http://www.hindu.com/2006/12/03/stor...0300910300.htm
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Old December 3rd, 2006, 11:32 AM   #18
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NABARD's Rs. 894.59-crore credit plan for Namakkal

NAMAKKAL: The Namakkal District development Office of the National Bank for Agriculture and Rural Development (NABARD) has prepared a credit plan of Rs. 894.59 crore for the priority sector development projects in Namakkal district for the year 2007-08.
According to the Assistant General Manager P. Jayakannan as per the project, the primary sector accounted for 67 per cent of the total projection while the share of the secondary (Industries) and territory (Services) would be 16 and 17 per cent respectively.
The share of crop loan would be 49 per cent (Rs. 434.85 crore) of the total projections under the priority sector and 18 per cent of the projections made in respect of the primary sector. The projections for year 2007-08 at Rs. 894.59 crore would be about 12.10 per cent higher than the revised Annual Credit Plan (ACP) target, which was projected for 2006-07.
For the rural infrastructure development in Namakkal district , NABARD had also sanctioned a sum of Rs 117.10 crore assistance for the works including 127 rural roads for a distance of 350 kilometres, construction of 9 new bridges, 71 school buildings, 25 irrigation projects, 73 rainwater harvesting structures, 38 drinking water structures, 57 veterinary projects and 5 panchayat union shandies. For the years 2007-08, Rs 100 crore had been earmarked for the rural development schemes.

http://www.hindu.com/2006/12/03/stor...0300990300.htm
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Old December 4th, 2006, 08:51 AM   #19
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Centre sanctions Rs. 195 crore for State

For infrastructure improvement under JNNURM

CHENNAI: The Central Government has sanctioned Rs. 195 crore for Tamil Nadu under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) for infrastructure improvement in Chennai, according to Transport Minister K.N. Nehru. "We will use the [annual] allotment for the improvement of our bus terminals and workshops," Mr. Nehru told The Hindu after participating at a function where Chief Minister M. Karunanidhi commissioned 242 vehicles to the fleet of the State Transport Undertakings on Island Grounds on Sunday.

Noting that the Central authorities did not permit now the replacement of vehicles under the mission, the Minister said the funds were being given only for upgrading infrastructure such as bus terminals and workshops. The Chief Minister would write a letter soon to the Centre to relax this condition in respect of Tamil Nadu. He said Maharashtra and Karnataka had obtained funds as the first tranche of financial assistance for improvement under the JNNURM.
As for the status of the State's proposal, Mr. Nehru said the State sought an assistance package of Rs.1,300 crore for improvement of transport infrastructure in Chennai. Following the Centre's advice, the State Government approached one of the empanelled consultants for the preparation of a detailed report. The report would be finalised in a couple of weeks. "Our plan is to increase the present fleet strength of Metropolitan Transport Corporation from 2,700 to 4,000." [The Minister pointed out that only 2,400 vehicles were currently under operation].
This year, the Government's plan was to introduce 2,230 buses in the place of worn-out vehicles. Already, 150 buses were inducted. Of the new vehicles, 368 would be "ultra deluxe buses," 100 vestibule vehicles and 300 buses having low floors, Mr. Nehru added. Of the 242 new vehicles commissioned on Sunday, 100 have been set apart for the MTC; three for State Express Transport Corporation; 19 for the State Transport Corporation - Salem; 20 for the State Transport Corporation - Coimbatore; 50 for the State Transport Corporation - Kumbakonam; 40 for the State Transport Corporation - Madurai and 10 for the State Transport Corporation - Villupuram.
The Chief Minister also launched "Yellow Line" and "Blue Line" deluxe services for Chennai. Two buses, to be operated experimentally on the route 21-G (Broadway-Tambaram), have an automatic door-closing system.

http://www.hindu.com/2006/12/04/stor...0403850400.htm
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Old December 4th, 2006, 11:18 AM   #20
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Reliance proposes to pipe natural gas to Tamil Nadu in 2-3 years


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Chennai , Dec. 3

Reliance Industries Ltd will launch the project to pipe natural gas to Tamil Nadu in 2-3 years time, according to its Chairman, Mr Mukesh Ambani.

Addressing reporters after a meeting with the Chief Minister, Mr M. Karunanidhi, here, he said, "what we discussed was to bring huge quantities of natural gas" to Tamil Nadu.

The plan was to create a southern corridor pipeline to bring to Tamil Nadu a portion of the reserves of natural gas available at the Krishna-Godavari basin. It may be recalled that Reliance had announced plans to start gas production from the Krishna-Godavari blocks from the second quarter of 2008. It has found significant quantities of gas in the KG-D6 block an offshore, deepwater location near Kakinada, Andhra Pradesh. The company recently doubled its estimates of gas production from KG-D6 block to 80 million standard cubic meters of gas a day, following an investment of $5.2 billion.

Mr Ambani said that after Andhra Pradesh - for the supply of natural gas - Reliance would focus on Tamil Nadu. In the next 2-3 years the company expects to bring piped natural gas to households in Tamil Nadu. The benefit to the consumers would be that natural gas would be available at the doorstep 25-30 per cent cheaper than LPG (liquefied petroleum gas), he said.

He also discussed with Mr Karunanidhi, another project to directly source agri-produce from farmers in South India for marketing. This was a logistics and marketing infrastructure initiative that would help the farmers, he said.

Reliance Industries had sought the State Government's support for both these initiatives. The Chief Minister has welcomed the move and emphasised that such projects should benefit the people, Mr Ambani said.

Retail chain

Officials concerned said that Reliance Industries expects to launch its retail-marketing project in Tamil Nadu with a chain of Reliance Fresh stores in Chennai by December-end. Initially, the company hopes to start with 10-12 stores. In the long term the company hopes to tie up with farmers for buy-back and marketing, they said.

The Union Minister for Information Technology, Mr Dayanidhi Maran, who was present at the meeting, said that Reliance expects to launch the natural gas pipeline and supply in 2008-09. Supply of natural gas in Tamil Nadu not only means a cheaper alternative to LPG as fuel for households but also vehicles.

Reliance also plans to extend the natural gas pipeline to Kerala after it is launched in Tamil Nadu, he said
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