Latest news with #TamilNaduIndustrialDevelopmentCorporation
Time of India
14-07-2025
- Business
- Time of India
Foundation laid for aerospace, defence testing lab in Trichy
Trichy: The foundation for Tamil Nadu Industrial Development Corporation's (TIDCO) advance mechanical and material defence testing lab was laid at the Thuvakudi Sidco industrial estate near NIT Trichy campus on Monday. The lab proposed at 50 crore under the public-private collaboration involves BEML and HAL. Under the Defence Testing Infrastructure Scheme (DTIS), the lab, System Testing and Research in Advanced Material (STREAM), will have infrastructure comprising 40 testing machinery spread over 13,000sqft floor area. The state govt has a built-up space of 3,000sqft at the industrial estate which will be utilised as an office space. Separate facility will be constructed for the common testing centre to accommodate high-end machines to provide quality certification and validation services. "Construction work for the lab will be completed in nine months," said Angayasamy Subbiah, managing partner, Vaidheswaran Industries, a partner of the proposed lab.
New Indian Express
13-07-2025
- Business
- New Indian Express
Parandur airport project: Landowners get notice to attend meeting on July 16
CHENNAI: The state government is continuing with its push for the greenfield airport project in Parandur as several landowners in 13 villages, except Ekanapuram, have reportedly received notices directing them to attend the negotiating committee meeting on July 16 at the office of special district revenue officer (land acquisition). The notices were issued under Section 7(2) of the Tamil Nadu Acquisition of Land for Industrial Purposes Act, 1997, to determine the value of land proposed to be acquired. The summons have been issued to landowners who filed objections to the initial land acquisition notices. As per the G.O. issued last month by V Arun Roy, secretary of industries, investment promotion and commerce department, the government has directed the land acquisition officers to determine the compensation amount, where the landowners are not willing to accept the fixed compensation rates. 'This meeting is in accordance with the law and terms of references stipulated in the G.O,' a senior official in the Kancheepuram district administration said. While it was not revealed how many landowners were issued with summons for the July 16 meeting, sources claimed that most people who got summons were not the local residents but they owned land. For instance, names and addresses in few notices reviewed by TNIE, showed they were all residents of Chennai. G Subramani, secretary of Ekanapuram village residents and farmers welfare federation, told TNIE, 'None of the Ekanapuram landowners received notices. The government is trying to create momentum and narrative by luring outsiders. To condemn this action, we have called a meeting on July 15, where people from all the villages are expected to participate.' Recently, the government registered 17.52 acres belonging to 19 landowners from five villages in the name of Tamil Nadu Industrial Development Corporation after successful negotiation and payment of Rs 9.22 crore as compensation.
New Indian Express
10-07-2025
- Business
- New Indian Express
In first deal, 17.52 acres of land bought for Parandur airport
CHENNAI: The acquisition of the first batch of land parcels for the proposed greenfield airport at Parandur has been completed. A total of 19 landowners, who government officials said included eight locals and 11 non-locals from five villages, transferred 17.52 acres of their land to the Tamil Nadu Industrial Development Corporation (TIDCO) on Wednesday. At a direct negotiation meeting chaired by the Kancheepuram District Collector, a total compensation of Rs 9.22 crore was credited to the owners' bank accounts for transferring the land. The move comes days after the Tamil Nadu government notified the compensation package for acquiring land for Chennai's second airport. The state has approved rates varying from Rs 35 lakh to Rs 2.58 crore per acre based on Guideline Value (GLV), prevailing market rate, and private negotiation with landowners. A total of 3,774.1 acres of patta land and 1,972.17 acres of government land are set to be acquired for the project.
Time of India
09-07-2025
- Business
- Time of India
19 villagers offer 17.52acres for Parandur airport
Chennai: At least 19 villagers on Wednesday came forward to register 17.52 acres, valued at 9.22 crore, in favour of the Tamil Nadu Industrial Development Corporation (Tidco) for the Parandur Greenfield Airport project. The move is part of the state's efforts to acquire land across 19 villages in Kancheepuram district for the proposed airport. The govt issued an order on Oct 31, 2023, to acquire land under the Tamil Nadu Acquisition of Land for Industrial Purposes Act. On June 25, 2025, a follow-up order was issued to transfer the acquired land to Tidco, the agency executing the project. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai Consultations with affected villagers were held on Tuesday at the district collectorate. The meeting, chaired by the Kancheepuram district collector Kalaiselvi Mohan, involved representatives from Parandur, Ekanapuram, Nelvai, Valathur, and Madapuram villages, along with 19 stakeholders. Officials briefed landowners on compensation, rehabilitation, and resettlement measures. Suggestions and concerns raised during the discussions were recorded for further action.
The Hindu
09-07-2025
- Business
- The Hindu
Land acquisition takes off for Chennai's second airport at Parandur
The Tamil Nadu government began the acquisition of land for Chennai's second airport at Parandur in Kancheepuram district as the registration process commenced on Wednesday. According to a press release, 19 landowners from five villages, including Parandur, Podavur, Nelvoy, Valathur, and Akkamapuram had participated in a consultative meeting with the Kancheepuram Collector, and agreed to the land acquisition. Subsequently, a total of 17.52 acres of land, worth ₹9.22 crore, were registered with the Tamil Nadu Industrial Development Corporation, which is the executing agency for the project. The district administration took steps to transfer the compensation to the landowners' bank accounts by Wednesday, the press release said. The move follows a Government Order issued on June 25 regarding the amount of compensation for the landowners in 19 villages. 'Though the registration process is over, we will not take possession of the land immediately. The landowners can hold on to their land till they complete harvesting their crops. Several villagers, except those from Ekanapuram, seem willing to part with the land,' an official said. As far as acquisition of houses was concerned, officials said it would take more time. This was because houses on alternative sites had to be built and readied for occupation. Only then, the acquisition of houses would begin. Meanwhile, the Parandur Airport Project Protestors Committee alleged in a statement that the government made travel and food arrangements for some landowners and coerced them into registering their land for the project.
