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India: Chennai Peripheral Ring Road (Sections 2 and 3)
Details
Project End Date:2029-04-30
Location:India
Category:Goods, Works, Consulting services, Non-consulting services
Status:Approval
Sectors:Roads & Bridges, Civil Engineering, Organizational development, Transport
Languages:English
Contracting authority: Highways Department of Government of Tamil Nadu
Associated tenders • 3
Description
OBJECTIVE
To improve economic connectivity and road transport efficiency in the Chennai Metropolitan Area through the construction of a peripheral road.
DESCRIPTION
The planned activities under the proposed Project are:
Component A: Construc
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tender Background
About the Funding Agency
OPEC Fund for International Development
The OPEC Fund for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC). OFID was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment," and called for measures to strengthen cooperation between these countries.
About the Sectors
Roads & Bridges
Comprises initiatives that develop and maintain road transport infrastructure to improve connectivity, safety, and mobility for people and goods.
Key areas:
- Road and highway construction and rehabilitation
- Bridge, overpass, and tunnel engineering works
- Trails and related transport corridors
- Runway-related works within transport infrastructure
Civil Engineering
Encompasses the planning, design, construction, and maintenance of the physical and naturally built environment and public works within the built environment.
Key areas:
- Designing and constructing resilient infrastructure
- Rehabilitating and maintaining the existing built environment
- Upkeep and modernization of transportation and public infrastructure
Locations
India
India has been expanding transport (roads, railways, ports), energy (renewables and grid modernisation) and digital infrastructure to support rapid urbanisation, industrial growth and integration into global value chains. Through flagship initiatives such as the National Infrastructure Pipeline and PM Gati Shakti Master Plan, the government aims to reduce logistics costs, boost manufacturing competitiveness, and improve connectivity across regions. Public capital expenditure has risen sharply, with increased emphasis on public–private partnerships and climate-aligned investments, while mobilising financing through innovative funds and investor incentives. Key challenges include managing fiscal sustainability, improving project implementation efficiency and reinforcing institutional governance to attract long-term private capital at scale.
Nr. of tenders: 48331
Nr. of grants: 4340
Nr. of donors: 1197
Nr. of jobs: 328
Nr. of tenders: 48331
Nr. of grants: 4340
Nr. of donors: 1197
Nr. of jobs: 328
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