Sembcorp Industries Initiates Rs 360 Bn TN Project
ECONOMY & POLICY

Sembcorp Industries Initiates Rs 360 Bn TN Project

Sembcorp Industries has commenced a monumental project in Tamil Nadu, marking a substantial investment of Rs 3600 billion. This initiative is poised to catalyse infrastructure development and economic growth in the southern state.

The project encompasses diverse sectors, including energy, water, and sustainable solutions, reflecting Sembcorp's strategic focus on bolstering critical infrastructure in Tamil Nadu. This ambitious endeavour is expected to create substantial employment opportunities and contribute significantly to the state's industrial landscape.

The investment underscores Sembcorp's long-term commitment to India's growth trajectory, leveraging its expertise to support sustainable development goals. By integrating advanced technologies and sustainable practices, the project aims to enhance operational efficiencies while promoting environmental stewardship.

In collaboration with local stakeholders, Sembcorp Industries aims to foster socio-economic advancement through innovative infrastructure solutions. The project's scale and scope highlight Tamil Nadu's attractiveness as a hub for investment, reinforcing its position as a pivotal destination for industrial and economic expansion.

Overall, Sembcorp's Rs 360 billion initiative in Tamil Nadu signifies a landmark commitment towards fostering inclusive growth and sustainable development, positioning the state as a beacon for transformative investments in the region's economic landscape.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Sembcorp Industries has commenced a monumental project in Tamil Nadu, marking a substantial investment of Rs 3600 billion. This initiative is poised to catalyse infrastructure development and economic growth in the southern state. The project encompasses diverse sectors, including energy, water, and sustainable solutions, reflecting Sembcorp's strategic focus on bolstering critical infrastructure in Tamil Nadu. This ambitious endeavour is expected to create substantial employment opportunities and contribute significantly to the state's industrial landscape. The investment underscores Sembcorp's long-term commitment to India's growth trajectory, leveraging its expertise to support sustainable development goals. By integrating advanced technologies and sustainable practices, the project aims to enhance operational efficiencies while promoting environmental stewardship. In collaboration with local stakeholders, Sembcorp Industries aims to foster socio-economic advancement through innovative infrastructure solutions. The project's scale and scope highlight Tamil Nadu's attractiveness as a hub for investment, reinforcing its position as a pivotal destination for industrial and economic expansion. Overall, Sembcorp's Rs 360 billion initiative in Tamil Nadu signifies a landmark commitment towards fostering inclusive growth and sustainable development, positioning the state as a beacon for transformative investments in the region's economic landscape.

Next Story
Infrastructure Urban

India, US to promote sustainable aviation fuel and hydrogen in buses

India and the United States have agreed to promote sustainable aviation fuel (SAF), electrification of medium and heavy-duty vehicles, and the use of hydrogen in buses, tractors, and heavy equipment. This decision came during the Strategic Clean Energy Partnership (SCEP) dialogue between US Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri in Washington, DC. Both nations also encouraged increased investments in each other's clean energy markets. The joint statement emphasised the importance of a "just, orderly, and sustainable energy trans..

Next Story
Infrastructure Transport

Tuticorin Airport upgradation set for December completion

Tuticorin Airport in Tamil Nadu is undergoing a significant upgrade, with an expected completion date in December 2024. The project, valued at Rs 3.81billion, is being carried out by the Airports Authority of India (AAI) and involves the extension of the runway to accommodate A-321 type aircraft, construction of a new apron, a new terminal building, a technical block with a control tower, and a new fire station. The new terminal building, covering 17,500 square meters, will significantly enhance the airport's capacity, enabling it to serve 1,440 passengers during peak hours and handle up to 2 ..

Next Story
Infrastructure Transport

Airfare hike not tied to increased airport charges; ACI

The Airports Council International (ACI) stated that rising airfares are not linked to increased airport charges. Airport charges are crucial for infrastructure development within the commercial aviation ecosystem, but they remain a minimal part of the overall airfare. Stefano Baronci, Director General of ACI Asia Pacific & Middle East, emphasized that airports are infrastructure-intensive businesses, with costs dominated by maintaining essential infrastructure such as runways, taxiways, aprons, and terminal buildings. He noted that neglecting the capital expenditure needed to support future g..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000