Chennai Port-Maduravoyal elevated expressway to be executed soon
18 May 2022
2 Min Read
CW Team
On Monday, the Chennai government, the National Highways Authority of India (NHAI), Chennai Port Trust, and the Indian Navy inked a Memorandum of Understanding (MoU) for the implementation of the Rs 5,855 crore Chennai Port-Maduravoyal elevated expressway.
The MoU signing took place in the presence of MK Stalin, chief minister, and general (retd) V K Singh, minister of state for road transport and highways.
The 20.6 km long corridor would be two tiers between Koyambedu and Napier bridge, and the first tier would be only for local traffic with 13 ramps. This comes a decade after the AIADMK government stopped the project launched by the Congress-led UPA government.
On May 26, Prime Minister Narendra Modi will dedicate, execute, and inaugurate projects of four ministries, including the elevated expressway, at the Jawaharlal Nehru Indoor Stadium in Chennai. Tenders will be floated soon for the project. The project is planned to be finished in 30 months from the date of award of the agreement.The first tier will be toll-free, said a source.
In February 2012, the state Public Work Department (PWD) issued a stop-work notice to the NHAI alleging that the alignment troubled flood discharge. The NHAI had contended that the alignment was finalised considering all elements of optimum utilisation of river boundary, geometry, and minimum acquisition of private land. The project price then was Rs 1,615 crore.
The previous AIADMK government led by Edappadi K Palaniswami supported the minister for road transport and highways Nitin Gadkari's interest in reviving the project.
The Chennai Port has two container terminals with a capacity of 2.6 million twenty-foot equivalent units (TEUs), and the expressway will realise the potential.
Now the state and Centre are aligned for early execution. The authority hopes that work will be awarded by this year and will begin soon. It will be a lifeline for the port once finished, which will assist us in realising our cargo potential and it will also allow city traffic in a big way, Chennai Port Trust chairperson Sunil Paliwal told the media.
Also read: Chennai Port-Maduravoyal expressway sees revival under PM Gati Shakti
On Monday, the Chennai government, the National Highways Authority of India (NHAI), Chennai Port Trust, and the Indian Navy inked a Memorandum of Understanding (MoU) for the implementation of the Rs 5,855 crore Chennai Port-Maduravoyal elevated expressway.
The MoU signing took place in the presence of MK Stalin, chief minister, and general (retd) V K Singh, minister of state for road transport and highways.
The 20.6 km long corridor would be two tiers between Koyambedu and Napier bridge, and the first tier would be only for local traffic with 13 ramps. This comes a decade after the AIADMK government stopped the project launched by the Congress-led UPA government.
On May 26, Prime Minister Narendra Modi will dedicate, execute, and inaugurate projects of four ministries, including the elevated expressway, at the Jawaharlal Nehru Indoor Stadium in Chennai. Tenders will be floated soon for the project. The project is planned to be finished in 30 months from the date of award of the agreement.The first tier will be toll-free, said a source.
In February 2012, the state Public Work Department (PWD) issued a stop-work notice to the NHAI alleging that the alignment troubled flood discharge. The NHAI had contended that the alignment was finalised considering all elements of optimum utilisation of river boundary, geometry, and minimum acquisition of private land. The project price then was Rs 1,615 crore.
The previous AIADMK government led by Edappadi K Palaniswami supported the minister for road transport and highways Nitin Gadkari's interest in reviving the project.
The Chennai Port has two container terminals with a capacity of 2.6 million twenty-foot equivalent units (TEUs), and the expressway will realise the potential.
Now the state and Centre are aligned for early execution. The authority hopes that work will be awarded by this year and will begin soon. It will be a lifeline for the port once finished, which will assist us in realising our cargo potential and it will also allow city traffic in a big way, Chennai Port Trust chairperson Sunil Paliwal told the media.
Image Source
Also read: Chennai Port-Maduravoyal expressway sees revival under PM Gati Shakti
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
