Chennai-Kanyakumari Industrial Corridor Power Sector Investment
The Chennai-Kanyakumari Industrial Corridor: Power Sector Investment Project will address the core problem of meeting the expected industrial power demand to ensure reliable power supply by augmenting the power transmission capacity between the southern part of the state (Madurai-Thoothukudi), the northern region (Chennai), and the western region (Coimbatore) at 765 kilovolt (kV) level. The proposed investment is expected to provide a transmission corridor to evacuate power from the renewable and thermal power plants to be located in Madurai-Thoothukudi area and supply industrial hubs in the Chennai-Madurai area and in Coimbatore.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
28 Nov 2019 Loan India Economic Corridors Ongoing $653.50 million | |
| KEY OUTPUTS |
Transmission link from southern CKIC to load centers in northern CKIC established Pooling substation established in Thoothukudi District Financial and institutional capacity of TANTRANSCO improved Strategic recommendation to improve the financial sustainability and operational efficiency of Tamil Nadu power sector made. |
| FINANCING |
$451 million (Asian Development Bank Ordinary Capital Resources) $202.5 million (Government of India) |
