The Tamil Nadu Infrastructure Development Fund (TNIDF)

The Government of Tamil Nadu has constituted the Tamil Nadu Infrastructure Development Fund (TNIDF) for providing financial support to facilitate the design, development, functioning, administration, management of projects.

The Fund can also be used to provide financial support for projects undertaken under the public private partnership mode in the following forms:

  1. Subsidy or capital grant during the construction period of the project intended to improve the viability of the project
  2. Operational grants during the operational period or part thereof of the project
  3. Annuity payments for a specified period in the life of the project
  4. Equity investment in the entity implementing the project, including a special purpose vehicle created for the purpose
  5. Loans to the entity implementing the project, including a special purpose vehicle created for the purpose
  6. Any other form of project financing which the Government may notify from time to time

Financial support from the TNIDF shall constitute assistance from the State, under the Act. The total financial support from the TNIDF for a particular project in any of the forms, including annuity payments, shall not in the aggregate exceed 20 per cent of the Total Project Cost. In the case of projects where the Board itself is the procuring entity and sponsoring agency, such financial support, excluding annuity payments, shall not exceed 40 per cent in the aggregate of the Total Project Cost.

Financial support from the TNIDF shall ordinarily be approved only after the opportunities to avail State support and other public financial support from the sponsoring agency's own resources or regular departmental budgetary resources or Central Government support have been exhausted. Such application shall be made in the format contained in Appendix 2 of the TNIDF forms.

Sl.No

Project Name

Amount

1. Fish processing park at Cuddalore  
2. Fish processing park at Nagapattinam  
3. Solid Waste Management Project for Corporation of Chennai  
4. Coimbatore 24/7 Water Supply Project  
5. Fishing Harbour at Manakudi  
6. Oceanarium Project at Mamallapuram 30,00,00,000
News & Events

TNIDB clears Projects to Boost Southern Districts - The Hindu

Tamil Nadu to set up Infrastructure Management Company - Business Standard

Green Light to Finance Vehicle - Smooth ride to Vision 2023 - The New Indian Express

Tamil Nadu Clears Mega Infrastructure Projects - Business line

TN Infrastructure Development Board in pact with IIT-Madras - Business Standard, August 18, 2014

J Jayalalithaa announces construction of 10,000 flats, residential township to fulfill 'Vision 2023 plan', 15 July 2014

Registered MSMEs in TN employ 6.3 million people - Business Standard, July 14, 2014

Tamil Nadu moots new infrastructure fund - The Hindu, June 13, 2014

Budget 2014: Chennai focal point for two industrial corridors - Times of India, Jul 10, 2014.

TN plans satellite town in Kadambur - Times of India, Jul 16, 2014.

Infra development: Tamil Nadu seeks Singapore’s help - Business Line JULY 4.

K Shanmugam calls on J Jayalalithaa; discusses bilateral ties - The Economical Times, Jul 4, 2014.

Tamil Nadu moots new infrastructure fund - The Hindu, June 13, 2014.

Executive Education Programme on Project Management for Complex Infrastructure Projects.

Workshop on "Understanding TNIDB's Vision, Structure and Processes" scheduled on 25.03.2014, organised by Anna Institute of Management, Chennai.

TN Infrastructure Board inducts Agri Secretary - The Hindu, February 3, 2014.

TN to focus on road projects, infrastructure development - The Hindu, October 7, 2013

Tradable development rights for private participants of PPP projects - The Hindu November 15, 2012

Board set up to give boost to infrastructure - Decan Chronicle November 13, 2012

Tamil Nadu Chief Minister Selvi Jayalalithaa's Vision 2023: 11% growth, per capita income of Rs 4,50,000 - Business Standard May 16, 2012

Infrastructure Development Board for Vision 2023 - IBN Live May 10, 2012

Honble Chief Minister chaired the first meeting of Tamil Nadu Infrastructure Development Board 

More on Vision 2023 for Tamil Nadu - The Hindu Business line March 27, 2012

Target is 11% growth in Gross State Domestic Product - The Hindu CHENNAI, March 22, 2012

Institutional framework for Tamil Nadu Infrastructure Development Board soon - THE HINDU CHENNAI, March 21, 2012