📷 Image: Wikimedia Commons / Michael Gäbler
Business
Tamil Nadu greenlights new PSU to fund infrastructure projects over Rs 200 crore
✍️ PSU Watch
🗓 09 Nov 2026, 05:16 PM
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The Tamil Nadu government has approved the creation of a new public sector undertaking to execute infrastructure works valued at more than Rs 200 crore.
The state cabinet of Tamil Nadu has given the nod to set up a new public sector undertaking (PSU) dedicated to infrastructure development. The entity will be tasked with implementing projects whose combined worth exceeds Rs 200 crore, covering sectors such as roads, bridges and other civic works.
According to the approval, the PSU will operate under the state government's oversight and will mobilise financial resources to ensure timely execution of the identified projects. The move is aimed at strengthening the state's infrastructure pipeline and attracting further investment.
Officials indicated that the establishment of the PSU aligns with Tamil Nadu's broader strategy to accelerate development and improve public service delivery across the region.
According to the approval, the PSU will operate under the state government's oversight and will mobilise financial resources to ensure timely execution of the identified projects. The move is aimed at strengthening the state's infrastructure pipeline and attracting further investment.
Officials indicated that the establishment of the PSU aligns with Tamil Nadu's broader strategy to accelerate development and improve public service delivery across the region.