Features

The United Nations observed the Second UN Global Safety Week from May 6-12, 2013. The Safety Week was focussed on the urgent need to protect pedestrians worldwide in a better manner and contribute to achieving the goal of the Decade of Action for Road Safety 2011-2020 ? saving five million lives. Dr. Etienne Krug, Director, Department of Violence and Injury ...

The Central Industrial Security Force (CISF) will use breathalysers to test commuters travelling in the Delhi Metro and trains for alcohol. THouse found with a significant blood alcohol level will not be allowed to board the trains and Metros. The aim is to prevent such passengers from disturbing other passengers in the often congested coaches getting into drunken brawls, which ...

The Milan Subway Rail Overbridge, built by the MMRDA, was opened to the public by the Maharashtra Chief Minister Prithviraj Chavan in Vile Parle, north-western Mumbai. Speaking on the occasion, the Chief Minister said that the overbridge would give commuters substantial relief to the problem of flooding of the Milan subway rail overbridge, which occurs every monsoon. One of the ...

The National Highways Authority of India (NHAI) has approached the Prime Minister?s Office to help restart highway projects abandoned by concessionaires and begin projects that were not previously able to attract any developers. The move follows the NHAI?s proposal to encourage investment in highway projects by allowing easier options for concessionaires to exit highway projects. The aim is to ease ...

The Department of Financial Services of the Union Finance Ministry recently conveyed to bank CEOs that they could finance PPP road projects if the NHAI acquired at least 80% of the land required for a project. Simultaneously, under the new rules, developers are allowed to collect toll after 75% completion of a project. The move is expected to ease financing ...

A new parking policy envisaged by the Brihanmumbai Municipal Corporatoin (BMC) plans on giving permits to local residents to park their vehicles on the city roads. The BMC is in the process of compiling a list of roads where residents can park vehicles on one side of the road. Residents will be issued annual parking permits, allowing them to park ...

The Federal Highway Administration (FHWA) in the US has used a new robot to check the safety and structural soundness of concrete bridge decks across the country. The new technology has been developed in collaboration with Rutgers University, and combines a variety of customised imaging technologies that give safety inspectors more accurate real-time information on the overall condition of the ...

In a bid to inspire confidence in the Indian infrastructure sector among global investors, the central government has allowed India Ratings, the Indian arm of global rating agency Fitch, to rate infrastructure debt funds (IDFs) in the country. India Ratings is coming out with a new product for this purpose, which is expected to encourage overseas sovereign wealth funds and ...

IRB Infrastructure has received approval from its board to raise up to ?500 crore by means of private funds. The funds will be raised by issuing redeemable non-convertible debt securities, including senior and subordinate debt securities in one or more tranches. IRB showed a net profit of ?151 crore, as compared to ?120 crore in the same quarter last year ...

The project to convert the Ahmedabad-Vadodara highway into six lanes is likely to be completed in two years. IRB Infrastructure is executing the project on a design, build, finance, operate and transfer (DBFOT) basis in BOT (Toll) mode of delivery. It will have six-lanes and two service lanes on each side. The special purpose vehicle (SPV) for the project, IRB ...