Tamil NaduTuesday, 10 November 2026·Hindu Tamil Thisai
Tamil Nadu creates new state-owned infrastructure and construction corporation for projects above ₹200 crore
Tamil Nadu has formed a new government-owned corporation to execute construction projects worth more than ₹200 crore.
Key highlights
Direct fact
In November 2026, Tamil Nadu approved the creation of the Tamil Nadu Infrastructure and Construction Corporation as a fully government-owned public sector entity to execute state construction works valued above ₹200 crore.
Key specifics
- The new entity is named Tamil Nadu Infrastructure and Construction Corporation.
- It will handle government construction projects valued above ₹200 crore.
- The corporation starts with ₹10 lakh paid-up capital and ₹15 lakh authorised share capital.
- It can also take up infrastructure projects such as metro areas, industrial hubs, IT cities, and business parks.
- The corporation may participate in private construction tenders, subject to procedures, and can develop unused government land.
Exam lens
TNPSC governance and economy question: match the new corporation with its capital, project threshold, and functions; remember ₹200 crore, ₹10 lakh, ₹15 lakh, and land development role.