Asian Development Bank (ADB) has approved a $451-million loan to strengthen power connectivity between the southern and northern parts of the Chennai - Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu.
The East Coast Economic Corridor (ECEC) is India’s first coastal economic corridor covering 2500km of India's coastline, to be developed with the help of the Asian Development Bank (ADB).
CKIC is the second phase of ECEC.
CKIC and its infrastructure plan will be aligned with Vision 2023 of the Government of Tamil Nadu and the Sagarmala initiative.