Tamil Nadu - Projects and Development II

[kannan infratech]

All are wooing the stand alone theatres in Tier I, II, III & IV cities / towns since most of them will be in the CBD / main streets. Demolish them and make 2 or 3 smaller theatres with a food court and a small shopping area. Throw a children's Play area also, if there is enough space.

This concept is called Family Entertainment Centres. This is the JV route.

There are other models wherein the existing theatres are spruced up with modern looking seats, DTS audio etc and rights of exhibition is leased for a long period. Fixed sum is given to the owner and the balance goes to the company.

[cbeboy]

Annual Plan for TN fixed at Rs 14,000 cr


The Annual Plan of Tamil Nadu for 2007-08, the first year of the Eleventh Plan, has been fixed at Rs 14,000 crore, inclusive of additional Central assistance of Rs 200 crore extended for projects of specific interest to the State.

[kvijayasundaram]

Link to news...

Chennai Feb. 6 The Southern India Mills' Association (SIMA) plans to set up a 500-MW captive power plant at Tuticorin, Tamil Nadu. The coal-based plant is likely to cost Rs 2,400 crore.

The association representatives are likely to meet State Government officials on Wednesday to seek land allotment for the power plant and for a jetty to handle coal imports.

Mr Manikam Ramaswami, former chairman, SIMA, told newspersons that the association would set up a special purpose vehicle (SPV) for the power plant. SIMA would hold 51 per cent in the SPV and other investors, including IL&FS, have shown interest in the project.

He said power could be supplied to SIMA members at Rs 2.40 per kWh, which is much lower than the existing rate of Rs 4.20 per kWh.

High cost of power


Mr S.V. Arumugam, Chairman, SIMA, said the association came up with this proposal because of the high cost of power in the State. The power cost in the neighbouring States is lower, he said. In Andhra Pradesh, for instance, it was only Rs 3.11 per kWh and for expansion and new units it is only Rs 2.35 per kWh.
Mr Ramaswami said many textile units were leaving Tamil Nadu because of its high power cost.

Annual loss


He said last year SIMA members had projected an annual loss of Rs 800 crore owing to power tripping in the textile mills.

He said the power tripping was not uniform across the circles or within the same circle.

Mr Arumugam said SIMA is willing to request members who have furnace oil based power generating sets to start using them to full capacity.

It would become economical if the Government waives notional income from idle sets — power generation tax, sales tax on fuel oil, waiver of maximum demand charges to the extent of maximum demand not availed of.

[WillyWick]

Tamil Nadu plans cashew AEZ

Cashew growers in Tamil Nadu now have some reasons to cheer. Tamil Nadu Industrial Development Corporation Ltd (Tidco) and the Chennai-based Sattva group of companies are planning to promote a cashew agri export zone (AEZ) in Panruti, Tamil Nadu. The duo will soon be joining hands for the Rs 16.50-crore project.

Informed sources told FE that Panruti has been declared as an agri export-processing zone by the ministry of commerce

http://www.financialexpress.com/fe_f...tent_id=154030

[kvijayasundaram]

link to news.....

The company is planning to raise the capacity to 1.50 lakh tonnes annually, up from the current 1.02 lakh tonnes. According to J. Joseph, Managing Director, the company had invested around Rs. 25 crore over the last couple of years to expand the capacity from 70,000 tonnes to the current level.

Addressing a press conference here on Tuesday, Mr. Joseph said the expansion would require an investment of Rs. 65 crore. The expansion would happen at its existing plants at Gudur in Andhra Pradesh and Ponneri in Tamil Nadu, Mr. Joseph said. He said the expansion could also see the company getting into the manufacture of some machining components.

[Anniyan]

French Sabena aircraft overhaul unit in Tamil Nadu

With as many as 400 new aircraft set to join the fleets of Indian aviation firms over the next few years, Sabena Technics of France Wednesday said it will set up an aircraft maintenance, repair and overhaul (MRO) unit in Tamil Nadu state.

http://www.dailyindia.com/show/11182...-in-Tamil-Nadu

[goldies]

Tier-two cities in Tamil Nadu are fast emerging as new IT destinations, with a number of projects aimed at attracting IT investment nearing completion in cities like Madurai, Coimbatore and Trichy.

Initiatives have already been taken up to set up an information technology park in Coimbatore on the lines of Chennai's Tidal Park. Similarly, the Electronics Corporation of Tamil Nadu is setting up two IT parks in Madurai and Trichy, which are expected to get the status of special economic zones.

In Trichy, about 135 acres of government land had been transferred to Elcot for the purpose of establishing IT parks. Sources in Elcot told Business Standard that the corporation had acquired 135.04 acres at Navalpattu on the outskirts of the city, where it would set up an IT park soon.

The corporation has submitted a proposal to the government to declare the park as a special economic zone for IT and IT-enabled services. Elcot plans to construct a built-up area of about one million square feet.

Navalpattu, situated on the Trichy-Pudukkottai highway, was chosen for the project considering its proximity to the Trichy International Airport. Elcot is looking at the possibility of acquiring more land near the site for future expansion.

With the completion of the ongoing expansion and modernisation of the airport and the upgradation of Trichy-Pudukkottai highway, the officials expect that the park will be able to attract huge investments.

Moreover, the rich talent pool in the city, which churns out not less than 10,000 graduates in the software and hardware sectors every year, is also expected to attract big firms.

Meanwhile, Elcot has also completed the acquisition of land in Madurai to set up another IT park. Sources said that the state government had already transferred 8.81 hectares of land in Ilandhaikulam near Pondikudi and 16.02 hectares at Kinnimangalam near the Madurai Kamaraj University, to the corporation.

Elcot sources said that a plug-and-play facility, similar to the one at the Tidal Park, would also be created in the proposed IT Park at Madurai, the construction of which will begin soon. They claimed that 50 per cent of the booking for space in the park was already over.

The Trichy City Corporation is also making all efforts to utilise the Centre's Urban Infrastructure Development Scheme for Small and Medium Towns as well as the Integrated Housing and Slum Development Programme. Under the UIDS programme, the Centre would provide 80 per cent of the project cost as grants, while the state and city corporations would contribute 10 per cent each.

http://inhome.rediff.com/money/2007/feb/08it.htm

[madurai veeran]

Karur-based Sabare International, a textile-exporting unit, plans to invest Rs. 150 crores towards increasing mainly its processing and bedding production capacities.

Its Chief Executive Officer, S. Susindran, told The Hindu that the additional capacities would be ready for operations by the end of the year. The company, which exports cotton and non-cotton floor coverings, bed sheets, towels, curtains and other home textile goods, already had a processing unit with a capacity of 14 million metres a year.

A new unit will come up in Perundurai at a cost of Rs. 90 crore. A bedding plant would be set up at the existing facility of the company at Karur at a cost of Rs. 30 crore. The floor-covering unit at Panipet would be expanded at a cost of Rs. 30 crore. The investments would increase the product range offered by Sabare.

http://www.hindu.com/2007/02/09/stor...0901621800.htm

[Subra]

http://economictimes.indiatimes.com/...ow/1601228.cms

NPCIL has started pre-project activities for two additional fast-breeder reactors at Kalpakkam. These are part of the expansion proposal submitted to the government. NPCIL has already initiated the process of setting up one fast-breeder reactor, scheduled to go critical by March 2011.
-------------------------------------------------------------------
“Such breeder reactors also require a processing unit for fissile materials that are produced. One such processing unit can handle fuels for four reactors. The decision to set up two additional reactors at Kalpakkam has been taken since NPCIL is installing a processing unit there that can handle four reactors,” said NPCIL's senior executive director safety, Mr SS Bajaj.

Finally, the proposal includes plans to set up 10 large capacity reactors of 1,000 MW each. “These are likely to be built with imported technology, and four each will be set up at Tamil Nadu and Maharashtra. The location of the remaining two are yet to be decided,” he said.

“The remaining two will come up at any of the four new sites that the Site Selection Committee is considering. These include sites in West Bengal, Gujarat, Orissa and Andhra Pradesh,” Mr Thakur said.

[Subra]

http://economictimes.indiatimes.com/...ow/1566389.cms

TANFLORA Infrastructure Park, a joint venture between stateowned Tidco and MN Associates for floriculture, is trying to make a mark this Valentine's day season by exporting one million cut roses. It expects to end the fiscal 2006-07 with export of three million units.

About 25 growers have been allocated two hectares of land, each in the park, to grow cut roses under a co-operative farming initiative, with guidance and support from Tanflora.

"For the first time, Tanflora will be crossing the one million mark in cut roses export during the Valentine's Day season. While we hope to end this fiscal with export of three million units, this will increase to 45 million next year and to 70 million by 08-09 , when all the allocated land is put into full use," Mr Najeeb Ahmed, managing director , Tanflora Infrastructure Park, told visiting journalists from Chennai.

Of the total projected area of 230 acres, the 25 growers together have established green houses in around 135 acres in the park, which also boasts of an 80,000 sqft "insulated central facility" , including 19,000 sqft of cold storage.

Tanflora, the country's first agri export zone (AEZ), is also the world's fourth largest floriculture park, next only to the three larger parks in Kenya. Of the total project cost of Rs 24.85 crore, equity capital is Rs 5.82 crore and Tidco and MN Associates hold equal share.

It is supported by Apeda, National Horticulture Board (NHB) and SBI. "The farmers and Tanflora share the revenues accrued on a 75%:25% basis respectively," Mr Ahmed said. Tanflora has established overseas marketing offices in London, Frankfurt, Tokyo, Sydney and Dubai. "The target markets for Tanflora are Europe, Japan, South-East Asia, Australia, Middle East, Russia and CIS Countries , which is a new market," Mr Ahmed said.

With regular export of cut flowers now on the anvil, Tanflora is keen to offer value-added services including bouquets. "We intend to make complete bouquets with bar-codes for supermarket chains in Europe. This is likely to start over the next six to eight months," Mr Ahmed said.

[Subra]

http://www.thehindubusinessline.com/...1400862300.htm

Chennai Feb. 13 Three Japanese trade delegations are scheduled to visit Chennai over the next fortnight. They are from the Japanese External Trade Organisation, the Japan Machinery Association and the Osaka Prefecture Economic Mission.

Disclosing this at a seminar on SMEs organised here by the Federation of Indian Chambers of Commerce and Industry, the Consul General of Japan in Chennai, Mr Yoshiaki Kodaki, said that the members of the Osaka Prefecture in particular "want to survey the possibility of" investing in Tamil Nadu. Mr Kodaki noted that many Japanese SMEs face the challenge of finding successors to run businesses because the Japanese society itself is aging

[MaduraiSelvam]

MoU signed for shipbuilding yard at Cuddalore

Chennai, Feb. 15 (PTI): The Tamil Nadu Government today signed an MoU with Goodearth Maritime for building a shipbuilding yard at Cuddalore at a cost of Rs 1,000 crores.

Chief Minister M Karunanidhi signed the agreement with the company's chairman at the secretariat here, an official release said.

The company will begin the first phase of work at an estimated cost of Rs 500 crores and it will be completed in three years. This will provide direct employment to 5,000 people and indirect employment for 20,000 people, an official release said.

Electricity Minister N Veerasamy, Chief Secretary L K Tripathi and other officials were present during the signing of the MoU.

The firm had sought the state government's permission for constructing a shipbuilding yard when its representatives met the chief minister on November 7, 2006.

http://www.hindu.com/thehindu/holnus...0702151610.htm

[cbeboy]

TN plans 3 mega agri terminal markets


The Tamil Nadu Government has proposed to set up three major agricultural terminal markets at Chennai, Madurai and Coimbatore each to be established on a 100-acre spread estimated at a cost of Rs 100 crore each.

Disclosing this at the eighth Agricultural Science Congress here on Thursday, the State Rural Industries Minister, Mr Pongalur N. Palanisamy, said creation of these markets would be part of the Rs 2,500-crore integrated agricultural improvement project being chalked out by the State. The proposal has been sent to the Centre for clearance.

The integrated agricultural improvement project may be implemented with the World Bank assistance, the Minister added.

Mr Palanisamy said the State has the potential to further expand the sericulture acreage and it has proposed to step up sericulture from the current 25,000 acres to one-lakh acres.

Under this, it has proposed to extend a subsidy of up to Rs one lakh per acre for the farmers taking up sericulture.

[Anniyan]

* Power cables to go underground in six big cities. Work to begin after March and will be completed within 4 months. Estimated budget for this project is Rs 1100 crores.

Source: Dinamalar

[Anniyan]

TN Govt has accepted the central govt's proposal to permit US Company to set up 2000 megawatt reactors at Kudankulam.

- Arcot Veerasamy

Source : Dinamalar

[WillyWick]

Originally Posted by Anniyan

* Power cables to go underground in six big cities. Work to begin after March and will be completed within 4 months. Estimated budget for this project is Rs 1100 crores.

Source: Dinamalar

This be great, if it happens.

Now that they are digging up the city , all cables need to to go underground tv, telephone and internet

[Anniyan]

Originally Posted by WillyWick

This be great, if it happens.

Now that they are digging up the city , all cables need to to go underground tv, telephone and internet

Telephone cables are already under the ground in all the major towns.

In Pondy both power and telephone cables are under the ground..

[WillyWick]

how about in other big cities coimbatore, madurai, trichy hosur , salem etc? In many parts of the city the telephone cable was overhead. I could be wrong as its been a very long time since i have been there.

[Anniyan]

Originally Posted by WillyWick

how about in other big cities coimbatore, madurai, trichy hosur , salem etc? In many parts of the city the telephone cable was overhead. I could be wrong as its been a very long time since i have been there.

I think in all the cities the telephone cables are underground , underground cabling work was done in late 1990's.

[gvijayan]

Originally Posted by WillyWick

how about in other big cities coimbatore, madurai, trichy hosur , salem etc? In many parts of the city the telephone cable was overhead. I could be wrong as its been a very long time since i have been there.

Telephone Cables are under the ground in Salem. And Salem will be the second city in TN to get the power cables to go under the ground. The UHD works and underground power line works will be taken simultaneously soon.