Heritage Street Project Faces Potential Delay

29 Mar 2024 CW Team

The venture, aimed at transforming the bustling Chalai area into a vibrant heritage street, has been met with various hurdles, including logistical challenges and bureaucratic procedures. These impediments threaten to disrupt the project's momentum, causing concerns among stakeholders and residents alike.

Key stakeholders, including local authorities and heritage preservationists, have voiced their apprehensions regarding the potential delays and their impact on the project's overall objectives. The endeavor, which garnered significant anticipation and support from the community, is now at risk of falling behind schedule, dampening the hopes of those eagerly awaiting its fruition.

Despite the setbacks, proponents of the Heritage Street project remain optimistic about its eventual success and significance in preserving the cultural identity of Chalai. Efforts are underway to address the encountered obstacles efficiently, with a renewed commitment to overcoming challenges and ensuring the project's timely completion.

As discussions continue on strategies to mitigate delays and expedite progress, stakeholders remain dedicated to realising the vision of a revitalised Chalai, where the past seamlessly integrates with the present to create a vibrant and thriving urban landscape. With concerted efforts and strategic planning, the Heritage Street project aims to emerge triumphant, preserving Chalai's rich heritage for generations to come.

The ambitious Heritage Street project in Chalai, Thiruvananthapuram, intended to rejuvenate and preserve the historical essence of the area, might encounter delays due to unexpected obstacles. Initiated with the aim of reviving the cultural and architectural heritage of one of the city's oldest trading hubs, the project has encountered setbacks, possibly leading to a postponement in its completion timeline. The venture, aimed at transforming the bustling Chalai area into a vibrant heritage street, has been met with various hurdles, including logistical challenges and bureaucratic procedures. These impediments threaten to disrupt the project's momentum, causing concerns among stakeholders and residents alike. Key stakeholders, including local authorities and heritage preservationists, have voiced their apprehensions regarding the potential delays and their impact on the project's overall objectives. The endeavor, which garnered significant anticipation and support from the community, is now at risk of falling behind schedule, dampening the hopes of those eagerly awaiting its fruition. Despite the setbacks, proponents of the Heritage Street project remain optimistic about its eventual success and significance in preserving the cultural identity of Chalai. Efforts are underway to address the encountered obstacles efficiently, with a renewed commitment to overcoming challenges and ensuring the project's timely completion. As discussions continue on strategies to mitigate delays and expedite progress, stakeholders remain dedicated to realising the vision of a revitalised Chalai, where the past seamlessly integrates with the present to create a vibrant and thriving urban landscape. With concerted efforts and strategic planning, the Heritage Street project aims to emerge triumphant, preserving Chalai's rich heritage for generations to come.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..