Kerala Infra Fund Board approves Rs 2,134.5 cr for tunnel project

17 Feb 2022 CW Team

Kerala Infrastructure Investment Fund Board (KIIFB) has approved the allotment of Rs 2,134.5 crore for the tunnel road project, an alternative to the busy Thamarassery Ghat Pass that would link Kozhikode and Wayanad districts.

Linto Joseph, Thiruvambadi MLA, told the media that the state government provided the administrative sanction for Rs 658 crore for the proposed road on the Anakkampoyil-Kalladi-Meppadi route.

Subsequently, according to the Detailed Project Report (DPR), drafted by the Konkan Railway Corporation Limited (KRCL), the cost was estimated to be Rs 2,134 crore.

After getting permission from the Ministry of Environment, Forest and Climate Change (MoEFCC) and administrative sanction from the government, construction would start.

The District Collectors of Kozhikode and Wayanad are directed to acquire land for the proposed road.

The project would not only help the districts of Kozhikode and Wayanad but also the Kannur and Malappuram ones.

The distance from Kozhikode to Wayanad would be decreased to 54 km from the existing 85 km.

Image Source

Also read: Survey works for Kerala's longest tunnel road

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..

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..

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..