Govt Clears Cable Car Project Across Thamarassery Pass

11 Apr 2025 CW Team

The Kerala State Industrial Development Corporation (KSIDC) has received state government approval for the long-pending cable car project across the Thamarassery Ghat road, bringing renewed optimism to tourism stakeholders in the Malabar region. The project will be implemented by Western Ghats Development (WGDL), a company backed by shareholders under the leadership of the Wayanad Chamber of Commerce (WCC).

Estimated at Rs 1 billion, the cable car project has been in the pipeline for over eight years. It will span 3.5 km between Adivaram and Lakkidi, connecting Wayanad and Kozhikode districts. The project is expected to significantly reduce travel time on the winding 23-km Ghat road while offering panoramic views of the Western Ghats. Clearance from the Forest Department has been secured, and global tenders are expected to be invited for major civil works such as the construction of towers, base and upper stations, drive units, and the cable line.

The project had earlier faced delays due to legal disputes over the initial site for the upper station in Lakkidi and the need to revise the original alignment. These hurdles required the WGDL team to redo technical assessments and seek fresh approvals.

The cable car system, once operational, is projected to be the longest ropeway in South India at 3,670 metres. As per the detailed project report, the system will be capable of transporting 400 passengers per hour, providing a scenic and efficient alternative to the hairpin bends of the Ghat road.

Tourism stakeholders view this development as a major boost to domestic tourism in Wayanad and Kozhikode, with expectations that the cable car will also lead to the emergence of related tourism infrastructure in the region.

News source: The Hindu

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..

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..

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..