Financial Daily from THE HINDU group of publications Saturday, Mar 04, 2006 |
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Logistics
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Roadways States - Tamil Nadu Avanashi road upgradation Our Bureau
The project cost, now estimated to be around Rs 110 crore, may have to be revised upwards to Rs 150 crore when the detailed project report (DPR) is finalised, according to Mr Rohit Modi, Chief Executive Officer, Tamil Nadu Road Development Company Ltd (TNRDC). Speaking at a function to release the CII-TNRDC feasibility report, he said the project could be executed by forming a special purpose vehicle (SPV) and a task force with representatives from government, CII and TNRDC to oversee its implementation.
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