 SMC Global Securities Ltd Q2 FY2025-26 consolidated net profit declines to Rs. 20.65 crores
SMC Global Securities Ltd Q2 FY2025-26 consolidated net profit declines to Rs. 20.65 crores Rajoo Engineers Ltd Q2FY26 consolidated profit at Rs. 14.18 crores
Rajoo Engineers Ltd Q2FY26 consolidated profit at Rs. 14.18 crores Inventurus Knowledge Solutions Ltd consolidated Q2 FY2025-26 PAT climbs to Rs. 180.71 crores
Inventurus Knowledge Solutions Ltd consolidated Q2 FY2025-26 PAT climbs to Rs. 180.71 crores IFB Industries Ltd consolidated PAT for Q2FY26 jumps to Rs. 50.79 crores
IFB Industries Ltd consolidated PAT for Q2FY26 jumps to Rs. 50.79 crores Share India Securities Ltd consolidated Q2 FY26 net profit at Rs. 92.91 crores
Share India Securities Ltd consolidated Q2 FY26 net profit at Rs. 92.91 crores 
              The Cabinet Committee on Economic Affairs today gave its approval for the construction of one '100 MLD Sea Water Reverse Osmosis Desalination Plant' at Nemmeli near Chennai at a total cost of Rs.908.28 crore. Of the total amount, Rs.871.24 crore will be borne by the Central Government and will be given as grant to the Government of Tamil Nadu for implementing the aforesaid project. Cost escalations, if any, will be entirely borne by the State government of Tamil Nadu. The project is likely to be completed by 2010-11.
The project would lead to additional capacity of 100 MLD of water to meet the drinking water needs of Chennai City and will enhance per capita supply from 100 LPCD to 144 LPCD. The project would be implemented by Chennai Metro Water Supply Sewerage Board.
Chennai is an important economic centre in the country and has been fast developing as an IT hub. It has a sizable industrial establishment and is among the 10 top car manufacturing centres in the world.
The city of Chennai has faced acute shortage of water in the past and the year 2004, water had to be transported to the city through tankers and rail from places as far as Neyveli and Mettur.