Page 10 - TT June for Digital
P. 10

UPDATE





          EV bus project                   Kolkata metro tests UPI-based

          in UP                            ticketing system
          Gfinancial institution  A                                         will be introduced in East-West
                   reenCell Mobility
                                                   trial of the UPI based
                                                   ticketing system was
                   has
                             secured
                                                                            Metro (Green Line).
                   financing from the
                                                   conducted at Sealdah
                                                                              In order to avail this facility,
                                                   station of East-West line
                   leading Japanese
                                                   recently as the Kolkata
                                                                            destination station name and scan
          Sumitomo Mitsui Banking          Metro railway authorities with the   commuters will have to input
          Corporation (SMBC) for its       help of State Bank of India and   the QR Code displayed on the
          transformative Electric Bus      Centre for Railway Information   dual display board at the ticket
          project in Uttar Pradesh. The    systems are planning to introduce   counters and make the payment
          project  is expected  to  reduce   a Unified Payment Interface    with the help of their smartphones
          approximately   2.35   lakh      ticketing system. Once tested    following which QR Code Based
          tonnes of gross CO2 emissions    successfully, this ticketing system     paper tickets will be generated.
          over its contract lifespan by
          facilitating the deployment of
          nine meters fully built pure AC
          Electric Buses across eight cities   VECV forms JV with iTriangle
          in Uttar Pradesh. The project
          guarantees a fixed per-kilometer         E     Commercial       Eicher truck and bus customers
          fee, mitigating traffic risk and         Vehicles Ltd, a Joint   to address the rapidly evolving
          ensuring a consistent revenue            Venture between        people and logistics ecosystem
          stream similar to an annuity             Volvo  Group  and      in India and select export
          while operating under a 10-year   V Eicher Motors has           markets. According to Vinod
          concession agreement.            established a Joint Venture with   Aggarwal, MD and CEO, VECV,
                                           iTriangle Infotech, to develop   Eicher took a lead to introduce
                                           and deliver fleet management   100% connectivity over
                                           solutions for truck and bus    five years ago. Through the
                                           customers operating in various   MyEicher App customers have
                                           applications. Through this     unlimited access to advanced
                                           joint venture, VECV intends    fleet management systems.
                                           to further strengthen its      iTriangle has been focusing on
                                           innovative and industry leading   building advanced telematics
                                           surround-service portfolio for   and mobility solutions.























                                                                                                              TT



     10   TRAFFICINFRATECH / June 2024 / www.trafficinfratech.com
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