HENNAI: Finance minister O Panneerselvam on Thursday announced two major initiatives for Chennai city —the Chennai Mega City Development Mission (CMCDM), to be implemented at Rs 500 crore, and augmentation of the reservoir capacity by 4.20 tmcft at a cost of Rs 1,851 crore.
Presenting the Budget for 2011-12 in the Assembly, the minister said storage capacities at Thervaikandigai, Thirukandalam and Ramanjeri reservoirs would be increased by 1 tmcft each.