Centre gives nod for Rs 1.77 Bn worth development project

28 Oct 2024 CW Team

The Centre has approved the comprehensive development of a fishing harbour at Muthalapozhi, a coastal village known for recent fishing boat accidents. Located at Perumathura, where the Vamanapuram River and Kadinamkulam Lake meet the Arabian Sea, Muthalapozhi has become hazardous for fishermen navigating to and from sea.

Announcing the Centre’s decision on Sunday, Union Minister of State for Fisheries and Animal Husbandry, George Kurian, stated that the Rs 1.77 billion development project received approval based on a Detailed Project Report (DPR) submitted by the state government. The funding arrangement is set at a 60:40 ratio, with Rs 1.06 billion allocated under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) and the remaining Rs 708 million to be contributed by the state.

Kurian explained that the harbour expansion will allow docking for up to 415 mechanised fishing boats, enabling the import of 38,142 metric tonnes of fish per year. The project is expected to benefit around 10,000 people directly, with an equal number indirectly. Infrastructure improvements worth Rs 1.64 billion will include modernisation of internal roads, establishment of new drainage systems, parking areas, and the renovation of loading areas. The remaining funds will support coastal protection and the implementation of a smart green port project, with the state government overseeing the harbour development.

Additionally, Kurian reported that the Centre has instructed the state government to implement safety measures to prevent further accidents at Muthalapozhi. The Centre also selected six fishing villages in Kerala for its Climate Resilient Village programme and plans to modernise five ports within the state.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..