Tamil Nadu Road Development Company Ltd (TNRDC), incorporated in May 1998, is a 50:50 Joint Initiative of Tamil Nadu Industrial Development Corporation Ltd (TIDCO) , the investment arm of Government of Tamil Nadu (GoTN) and Infrastructure Leasing and Financial Services Ltd (IL&FS), an all-India infrastructure development and financial services company.

TNRDC was set up with the mandate of developing road sector initiatives by catalysing private sector resources and investments under Public-Private Partnership (PPP) framework.

The Company is an innovative and unique institutional mechanism that complements the visionary zeal and administrative strength of GoTN and the project development and financial acumen of IL&FS for developing infrastructure projects.

TNRDC's activities span the entire gamut from project conceptualization to implementation and operations and maintenance. The core strength of TNDRC is in formulating appropriate implementation and financing strategies for infrastructure projects so that they are implemented in an efficient and time bound manner within costs and to quality.

For projects that are viable on stand-alone basis or are marginally viable, the Company takes them up for implementation as principal project sponsor. For projects that are socially and economically relevant but cannot be implemented under a commercial format, the Company provides a range of services to the respective project sponsors on fee basis.

Transparency, application of sound management principles, flexible business model and above all, an unflinching commitment to safety, security and well-being of end-users/stakeholders have enabled TNRDC to build a formidable reputation in the road sector.

TNRDC is today considered a benchmark institution for development of infrastructure projects under Public-Private Partnership framework. Its project models have become templates that are being widely replicated across sectors and States.