Sagarmala Projects Approved In Karnataka

18 Feb 2026 CW Team

The ministry also convenes the Maritime States Development Council and the National Sagarmala Apex Committee with central line ministries and maritime states and union territories to facilitate coordinated implementation. States are encouraged to hold State Sagarmala Committee meetings to promote synergy among stakeholders. Such institutional mechanisms are intended to secure timely execution, optimal utilisation and long term sustainability of the projects.

The package includes the third stage expansion and modernisation of Malpe fishing harbour at a cost of Rs 500 million (mn), modernisation of Amadalli fishing harbour at Rs 190 million (mn), phase one of a skilling project under DDU GKY at Rs 15.3 million (mn), and installation of firefighting equipment at Karwar Port at Rs 182.1 million (mn). It also comprises DDU GKY phase two at Rs 21.8 million (mn), development of a fishing harbour at Kulai at Rs 1.9651 billion (bn), development of a fish landing centre at Hejamadi Kodi at Rs 1.386 billion (bn), and construction of a coastal cargo berth at Old Mangaluru Port at Rs 650 million (mn).

Project documentation indicates that four projects have been completed and four are under implementation, with anticipated completion dates ranging into 2025 and 2026 for ongoing works. The ministry said it will continue engagement through central and state committees to track milestones and assist with administrative or technical obstacles. The disclosure reflects the central effort to enhance coastal infrastructure and community services in Karnataka.

The Ministry of Ports, Shipping and Waterways has approved eight projects in Karnataka under the Sagarmala scheme, with a combined cost of Rs 4.91 billion (bn), equivalent to Rs 4,910 million (mn). The Union minister informed the Lok Sabha in a written reply that the approvals cover coastal community development, port modernisation, and coastal shipping and inland waterways. The ministry said it conducts regular meetings with implementing agencies and the Government of Karnataka to monitor progress and resolve issues. The ministry also convenes the Maritime States Development Council and the National Sagarmala Apex Committee with central line ministries and maritime states and union territories to facilitate coordinated implementation. States are encouraged to hold State Sagarmala Committee meetings to promote synergy among stakeholders. Such institutional mechanisms are intended to secure timely execution, optimal utilisation and long term sustainability of the projects. The package includes the third stage expansion and modernisation of Malpe fishing harbour at a cost of Rs 500 million (mn), modernisation of Amadalli fishing harbour at Rs 190 million (mn), phase one of a skilling project under DDU GKY at Rs 15.3 million (mn), and installation of firefighting equipment at Karwar Port at Rs 182.1 million (mn). It also comprises DDU GKY phase two at Rs 21.8 million (mn), development of a fishing harbour at Kulai at Rs 1.9651 billion (bn), development of a fish landing centre at Hejamadi Kodi at Rs 1.386 billion (bn), and construction of a coastal cargo berth at Old Mangaluru Port at Rs 650 million (mn). Project documentation indicates that four projects have been completed and four are under implementation, with anticipated completion dates ranging into 2025 and 2026 for ongoing works. The ministry said it will continue engagement through central and state committees to track milestones and assist with administrative or technical obstacles. The disclosure reflects the central effort to enhance coastal infrastructure and community services in Karnataka.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..