Tamil Nadu government approves establishment of new body to execute construction projects worth over ₹200 crore

AI Summary

The Tamil Nadu government has approved the creation of the Tamil Nadu Infrastructure and Construction Corporation to oversee tenders for construction projects worth more than ₹200 crore. The corporation may also support government departments with project planning, design and quality control, while contractors carry out the work.

Tamil Nadu Infrastructure and Construction Corporation (TNICC) will float and manage tenders, while the execution of works will be carried out by contractors. It may also provide project formulation, design and quality-control services to government departments.