Charmady Ghat two-way road work to begin January 2025

27 Nov 2024 CW Team

The long-anticipated construction of a two-way road on Charmady Ghat is set to commence in January 2025, contingent on timely land acquisition and departmental clearances. The project, awarded to SLV Construction (CHNV Reddy) at a bid 41% lower than competitors, aims to upgrade the ghat road to a 10-meter-wide stretch, consistent with the Punjalakatte to B.C. Road segment. Currently, sections of Charmady Ghat range from 5.5 to 7 meters in width.

The central government has allocated Rs 3.43 billion for the project, with Rs 1.75 billion designated for road construction and the remainder for ancillary costs, including land compensation and relocation of electricity poles and water pipes.

Of the 25 km ghat stretch, 11 km falls within Dakshina Kannada district, with the remainder in Chikkamagaluru district. While the work for the Dakshina Kannada portion has received approval up to the 12th bend, the Detailed Project Report (DPR) for Chikkamagaluru is still under preparation.

Dakshina Kannada MP Capt. Brijesh Chowta highlighted the project’s potential to significantly benefit coastal region commuters and enhance goods transportation, fostering business growth. Forest Conservator Antony Mariappa noted that the assessment of affected trees and plants is pending, awaiting an appeal from the contractor.

Construction, expected to take 48 months, will begin in accessible areas. Temporary closures of the ghat, possibly lasting up to two months, are anticipated during the work. (daijiworld)

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..