Electric vehicles and Exicom Tele- Systems AC and DC Fast Chargers will start functioning soon on the streets of Gurugram, under the management of Gurugram Metropolitan Development Authority (GMDA) officials.
Category: Roads & Highways
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Auction of eight highways to fetch Rs 54 billion
Nearly Rs 54 billion will be generated through the auction off the second tranche of eight completed national highway projects. The Toll Operate Transfer (TOT) will be responsible for the maintenance and will have the right to collect the toll on these stretches for 30 years.
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Essel plans Rs 17.5 billion project for EV charging infrastructure in UP
In order to implement the initiative of setting up electric vehicle charging and battery swapping infrastructure under Essel Green Mobility, Essel Infraprojects (EIL) is planning to invest Rs 17.5 billion in a phased manner. In 20 cities, EIL will set up 250 charging stations and 1,000 battery swapping stations.
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950 km of roads will come up under Bharatmala project
Under the Bharatmala project, roads and highways measuring a total of 950 km will be developed in Chhattisgarh. The Central Government had already declared 290.08 km of road as new national highways during FY 2017-18.
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Ahmedabad BRTS to use electric buses
By next year, Ahmedabad Bus Rapid Transit System (BRTS) will become the first service in India to use electric buses. Ashok Leyland, a commercial vehicleÂ’s manufacturer, in an agreement with Ahmedabad Janmarg (AJL), will run 50 electric buses on the BRTS corridor and will look after the maintenance, appointment of drivers and installing chargers.
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ITNL to bid for projects worth Rs 40 billion
Following its parent IL&FS approving a Rs 80 billion recapitalisation plan for the company, road developer IL&FS Transportation Networks (ITNL) is planning to bid for projects worth Rs 40 billion.
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IRB Infra surges over 5% on strong results
The shares of IRB Infrastructure Developers have surged as much as 5.2 per cent to Rs 204 with a 5 per cent increase in net profit at Rs 2.5 billion for the quarter ended June 30, 2018, against Rs 2.38 billion in the previous yearÂ’s quarter.
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Car charge stations every 35 km on Mumbai-Nagpur highway
Drivers of electric vehicles may not have to worry about running out of charge on the 820km Mumbai Nagpur route MSEDCL plans to set up 50 e-charging stations
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Assam: On the expressway to prosperity
The government aims to set up more than 350 training centres, which have capacity to train 84,000 people annually.
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Need For Speed
It is often pointed out that every rupee invested in ramping up the railway infrastructure benefits the economy six times over. Soon after the National Democratic Alliance (NDA) government came to power in May 2014, a committee was formed under Professor Bibek Debroy to restructure the Railway Board, the powerful body that oversees all technical and policy matters pertaining to the public-sector transporter. A majority of recommendations made by the senior economist at the New Delhi-based Centre of Policy Research was implemented. Two cross-functional directorates for non-tariff revenue and mobility, reporting directly to the Chairman of the Railway Board, were constituted. Powers were also delegated to general managers and divisional railway managers to expedite decision-making.