962.50 million INR sanctioned for coastal highway project
ROADS & HIGHWAYS

962.50 million INR sanctioned for coastal highway project

In the Kozhikode district, the Kerala Infrastructure Investment Fund Board (KIIFB) has approved the development of two significant sections of the coastal highway. The development of the project's BC Road-Kothi Beach stretch received the most funding, at 862.50 million rupees. P.A. Mohammed Riyas, Minister of Public Works and Tourism, stated that the money would be used to acquire the necessary amount of coastal land. He stated that the Kadalundi-Kadavu-Madathil Paadam development would be funded with 101 million rupees.

According to officials from the Public Works Department, the two stretches funded by the KIIFB were in the Beypore Assembly constituency. They stated that land would be acquired in such a way as to construct the 15.6-meter-wide road.

In the Kozhikode district, the Kerala Infrastructure Investment Fund Board (KIIFB) has approved the development of two significant sections of the coastal highway. The development of the project's BC Road-Kothi Beach stretch received the most funding, at 862.50 million rupees. P.A. Mohammed Riyas, Minister of Public Works and Tourism, stated that the money would be used to acquire the necessary amount of coastal land. He stated that the Kadalundi-Kadavu-Madathil Paadam development would be funded with 101 million rupees. According to officials from the Public Works Department, the two stretches funded by the KIIFB were in the Beypore Assembly constituency. They stated that land would be acquired in such a way as to construct the 15.6-meter-wide road.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code