Chennai: The Chief Minister C. Joseph Vijay-led Tamil Nadu government has established the Tamil Nadu Infrastructure and Construction Corporation (TNICC), a dedicated public sector corporation to oversee large-scale construction projects, with the proposed Rs 1,200 crore Secretariat complex emerging as a potential assignment. The wholly state-owned enterprise will primarily handle government construction projects valued at more than Rs 200 crore.

Source: IANS via NewKerala

The corporation follows an announcement by Public Works Minister Aadhav Arjuna in the Assembly on August 18, 2026, and was formally approved through a Government Order issued by the Public Works Department on November 6. Officials said TNICC will take up state government works above Rs 200 crore on the model of the Tamil Nadu State Highways Authority (TANSHA), floating and managing tenders while contractors execute the works, and will operate broadly on the lines of NBCC (India) Limited, the central public sector construction enterprise.

Source: The Hindu BusinessLine

TNICC will undertake construction assignments from various government departments and provide architectural design, project planning, engineering consultancy and quality control services. Its remit extends to developing townships, industrial centres, technology parks, IT cities and commercial complexes; it can commercially develop unused government land to generate revenue and may participate in private sector tenders, subject to regulations. Actual construction will be done by contractors selected through competitive bidding on the state's electronic procurement platform under the Tamil Nadu Transparency in Tenders Act, with each project funded separately by the department concerned against an agency fee.

Source: IANS via NewKerala

The corporation has been set up with an authorised share capital of Rs 15 lakh and an initial paid-up capital of Rs 10 lakh; a proposed Rs 1 crore corpus will be considered later, subject to an approved business plan and budgetary availability. The government may entrust TNICC with the proposed new Secretariat complex, estimated at Rs 1,200 crore, but no formal decision assigning the project has been announced.

Source: The Hindu BusinessLine