NGT Halts Chennai Beach Project

24 May 2024 CW Team

The National Green Tribunal (NGT) has recently put a stop to a major beach development project in Chennai, valued at 100 crores, due to environmental concerns. This decision underscores the NGT's commitment to preserving ecological balance while assessing urban development plans. The halted project was intended to enhance the coastal infrastructure and boost tourism but faced opposition due to potential adverse effects on the local ecosystem and community.

The NGT's intervention came after public interest litigations raised issues regarding the environmental impact assessments associated with the project. Concerns were particularly pointed towards the disruption of natural habitats and the alteration of coastal dynamics, which could have far-reaching consequences for biodiversity and the livelihoods of communities dependent on these ecosystems. The tribunal's ruling highlights the growing scrutiny of development projects that may compromise environmental sustainability.

This decision aligns with other actions taken by the NGT, including the recent directives to halt construction activities by Chennai Metro Rail Limited along the Nanmangalam Reserve Forest area, reflecting a broader enforcement of environmental laws in urban development projects across the region. The NGT has been pivotal in ensuring that development projects comply with environmental standards to foster sustainable growth.

The halt of the Chennai beach development project serves as a critical reminder of the need for a balanced approach to urban planning. It emphasizes the importance of incorporating sustainable practices and rigorous environmental impact assessments before initiating significant infrastructural projects. This approach not only protects the environment but also ensures the long-term viability and acceptance of development projects within local communities.

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..