Kerala govt nods Rs 20.5 cr to purchase land for SilverLine project
Real Estate

Kerala govt nods Rs 20.5 cr to purchase land for SilverLine project

The Kerala government has allotted Rs 20.5 crore for purchasing land for the SilverLine project and has expedited the process.

As per the order released by the state transport department on December 31, the preparatory works for land purchase needs to be done immediately, and the managing director of the Kerala Rail Development Corporation Limited (K-Rail) has urged the government for the issue of the amount for the purpose.

A high-power committee meeting on major infrastructure development projects (MIDP) in the state, that was conducted on November 17, pondered the proposal from K-Rail and sanctioned it, and suggested the finance department render additional funds since the existing allocation under the MIDP has been earmarked already.

The state had committed Rs 473.03 crore for launching different infrastructure projects for the current financial year. The charge for the SilverLine project will be in addition to this allocation. Based on the high-power committee's recommendation, an additional cost of Rs 20.50 crore has been approved towards the setting up and contingency costs for the land purchase of the project. It comprises the costs for installing special units for land purchase and fulfilling all other costs for the operation of the units.

The government has already released an order for carrying out the social impact assessment study for the project in Kannur. It is of the stand that unless the land markings are made, it cannot establish how much the project would affect the people and how many families will have to be displaced.

The government approved a social impact assessment study in Kannur district to be done within 100 days and to be held by the social impact assessment unit, Kerala Voluntary Health Service, Mullankuzhy, Kottayam. A total of 106.2 hectares is to be purchased for the project from the Kannur district that comprises 19 villages in three taluks - Kannur, Payyanur and Thalassery. As per rule 10 of the land acquisition, rehabilitation and resettlement rules, 2015, a social impact assessment study is compulsory before obtaining land.

Image Source

Also read: Govt to propose development of 4 high-speed rail corridors

The Kerala government has allotted Rs 20.5 crore for purchasing land for the SilverLine project and has expedited the process. As per the order released by the state transport department on December 31, the preparatory works for land purchase needs to be done immediately, and the managing director of the Kerala Rail Development Corporation Limited (K-Rail) has urged the government for the issue of the amount for the purpose. A high-power committee meeting on major infrastructure development projects (MIDP) in the state, that was conducted on November 17, pondered the proposal from K-Rail and sanctioned it, and suggested the finance department render additional funds since the existing allocation under the MIDP has been earmarked already. The state had committed Rs 473.03 crore for launching different infrastructure projects for the current financial year. The charge for the SilverLine project will be in addition to this allocation. Based on the high-power committee's recommendation, an additional cost of Rs 20.50 crore has been approved towards the setting up and contingency costs for the land purchase of the project. It comprises the costs for installing special units for land purchase and fulfilling all other costs for the operation of the units. The government has already released an order for carrying out the social impact assessment study for the project in Kannur. It is of the stand that unless the land markings are made, it cannot establish how much the project would affect the people and how many families will have to be displaced. The government approved a social impact assessment study in Kannur district to be done within 100 days and to be held by the social impact assessment unit, Kerala Voluntary Health Service, Mullankuzhy, Kottayam. A total of 106.2 hectares is to be purchased for the project from the Kannur district that comprises 19 villages in three taluks - Kannur, Payyanur and Thalassery. As per rule 10 of the land acquisition, rehabilitation and resettlement rules, 2015, a social impact assessment study is compulsory before obtaining land. Image Source Also read: Govt to propose development of 4 high-speed rail corridors

Next Story
Infrastructure Urban

Greta Minerals Doubles WA Exploration Land, Targets Lithium Supply for India

Greta Minerals Pte, part of Singapore-based Greta Group, has expanded its exploration footprint in Western Australia to 1,550 sq km, up from 700 sq km acquired in 2024.Nitesh Chaudhari, Chairman of Greta Group, said, “We are very happy to expand our landholding, encouraged by initial results from Ultrafine+ soil sampling at Gecko North. The geological corridor appears promising for lithium, gold, and other critical minerals.”The Gecko North Project, 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty, which now holds 37 gra..

Next Story
Infrastructure Urban

Vedanta Extends Demerger Deadline to March 2026 Amid Pending Approvals

Vedanta, led by Anil Agarwal, has extended the deadline for its corporate demerger to March 31, 2026, as approvals from the National Company Law Tribunal (NCLT) and relevant government authorities are still pending, the company said in a regulatory filing. The deadline had earlier been extended from March 31, 2025, to September 30, 2025.The board stated, “Given that the conditions precedent in the Scheme, including NCLT approval and approvals from certain government authorities, are still in process, the timeline for fulfilment of these conditions has been extended to March 31, 2026.” The ..

Next Story
Infrastructure Urban

MOIL Achieves Record September Production and Strong Q2 Performance

MOIL posted its best-ever September production of 1.52 lakh tonnes, up 3.8 per cent from the same period last year, reflecting robust operational performance. Exploratory core drilling also surged to 5,314 metre, a 46 per cent increase, highlighting the company’s focus on expanding its resource base.For Q2 FY26 (July–September 2025), MOIL achieved record quarterly production of 4.42 lakh tonnes, up 10.3 per cent year-on-year, and sales of 3.53 lakh tonne, growing 18.6 per cent over the same quarter last year. Exploratory drilling for the quarter reached 21,035 metre, marking a 4.1 per cent..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?