Spanish technology company, Indra System S.A. has got three toll technology contracts from Indian infrastructure major GMR. The ?8.6million contract is for implementing toll technology on roads in four states: Andhra Pradesh, Karnataka, Rajasthan and Gujarat. In all, the contract will see Indra implementing electronic, manual and mixed toll collection and weigh-in motion systems in 46 lanes in the four ...
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Tata Motors and Dassault working on electric car
Tata Motors is working with French auto major Dassault to produce an electric car, eMO that would cost around ?10 lakh. The eMO concept was developed by the company?s Vehicle Programs & Development (VPD) Group which operates from four centres ? Pune, Detroit in the US, Coventry in the UK and Stuttgart in Germany, by using a multidimensional approach to ...
Delhi roads to get emergency lanes
By the end of the year about 160 roads in Delhi are set to get emergency disaster management lanes. To be painted in blue, the lane will be on the extreme right of the roads and will be 3.5m wide. Normally the lane will be open for vehicular traffic, but in case of an emergency or disaster, which will be ...
BMC to carry out major road repairs
The Brihanmumbai Municipal Corporation (BMC) has allocated ?529 crore for road repairs in South Mumbai. This is the largest set of road maintenance contracts given out by the BMC in a single region and is about 50% of the amount the corporation spent on road repairs last year in the entire city. About 129 roads will be re-laid out of ...
Delhi BRTS to get fully automatic signals
The Delhi government has decided to install fully automatic signals on the Delhi BRTS. The intelligent signalling system (ISS) which was functional till now only during non-peak hours will now be implemented across all 17 junctions. Before going in for the automatic signalling system, the Delhi Integrated Multimodal Transit System (DIMTS), which is the corridor manager for the Delhi BRTS, ...
Serco to operate Indore BRTS
The Serco Group has been awarded a contract for the operation and maintenance of the Indore BRTS. The contract has been awarded by the Atal Indore City Transport Services Ltd. (AICTSL), a Special Purpose Vehicle (SPV) set up to manage the BRTS, and owned by the Indore Development Authority and Indore Municipal Corporation. Serco will operate a fleet of 50 ...
Tata Realty and Infrastructure to acquire three toll projects
Tata Realty and Infrastructure (TRIL) is in the process of acquiring three completed toll projects. Faced by problems such as delays in land acquisition for long-term road infrastructure projects, investors have been reluctant to invest in such projects, forcing several road infrastructure majors such as Reliance Infrastructure, GMR Infrastructure and Madhucon Projects to sell their stakes in road projects. Many ...
GMR Infrastructure to sell stake
GMR Infrastructure plans to sell a major portion of its holdings in three toll projects in its efforts to reduce its debt, The company has an investment of around ?1800 crore in toll roads ? three toll roads and three annuity roads under operation spanning around 421 km. Another 309km of annuity-based toll roads are under construction. Further, there are ...