MoEFCC gives green clearance for project in Greater Nicobar
PORTS & SHIPPING

MoEFCC gives green clearance for project in Greater Nicobar

The Ministry of Environment, Forests, and Climate Change (MoEFCC) has approved the Centre's ambitious Rs 720 billion multi-development projects in Greater Nicobar Island, India's southernmost point and a strategically important area. Last year, the ministry gave the project preliminary approval. The ambitious plans of the Indian government include the construction of an international container transhipment terminal, a military-civil dual-use airport, a solar power plant, and an integrated township.

The Indian Navy will be in charge of the port and its development. The MoEF has approved the diversion of more than 130 sq km of forest land and the felling of approximately 850,000 trees for the project. The project is likely to have an impact on the area's mangrove cover and coral reef. The Shompen and Nicobarese tribes live on Greater Nicobar Island. Galathea Bay National Park and Campbell Bay National Park are both close to the project site.

Also read:
Adani Ports buys 49.38% stake in Indian Oiltanking
Gadkari to launch major road work in Bengal’s Siliguri

The Ministry of Environment, Forests, and Climate Change (MoEFCC) has approved the Centre's ambitious Rs 720 billion multi-development projects in Greater Nicobar Island, India's southernmost point and a strategically important area. Last year, the ministry gave the project preliminary approval. The ambitious plans of the Indian government include the construction of an international container transhipment terminal, a military-civil dual-use airport, a solar power plant, and an integrated township. The Indian Navy will be in charge of the port and its development. The MoEF has approved the diversion of more than 130 sq km of forest land and the felling of approximately 850,000 trees for the project. The project is likely to have an impact on the area's mangrove cover and coral reef. The Shompen and Nicobarese tribes live on Greater Nicobar Island. Galathea Bay National Park and Campbell Bay National Park are both close to the project site. Also read: Adani Ports buys 49.38% stake in Indian Oiltanking Gadkari to launch major road work in Bengal’s Siliguri

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement