Tamilnadu Chief Minister M.Karunanidhi will inaugurate the TIDEL IT park in Coimbatore on Monday evening. Built at a cost of 380 crore rupees, the Tidel Park having 17 lakh-sq.ft. area, is located on a special economic zone (SEZ) at Peelamedu. At least 35 companies are expected to set up shops generating employment to about 12,000 professionals. Additional facilities like Conference hall, banks and food courts would be available at the park.