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Tuesday , 21 May 2024

Blog Archives

Indian auto industry to touch $300 billion by 2026

According to a report, Vision 2026, prepared by the ICRA Management Consulting Services (IMaCS), a fully-owned subsidiary of ICRA Limited, one of India’s leading credit rating agencies, revenues of the Indian automobile industry will rise five-fold to $300 billion by 2026, while sales figures are likely to cross 76 million units over the same period, a 3-fold increase. Commercial vehicle ...

New funding norms for Metro projects

The Urban Development Ministry is considering a proposal to relax the population criterion for Metro rail projects, given the increasing demand for Metro projects in the country. Currently, Metro projects are approved for cities with population of 20 lakh or more. The new proposal would reduce this to 10 lakh.

DPR for Vizag Metro

The Andhra Pradesh government has asked the Delhi Metro to prepare the Detailed Project Report for a 20km stretch of the proposed Vishakapatanam Metro Rail project. E. Sreedharan, the former Chief of DMRC has been appointed as the advisor for the project.

MoRTH to roll out ETC under FASTag

The Ministry of Road Transport & Highways has named the project to implement Electronic Toll Collection throughout the country as FASTag. Dedicated ETC lanes on national highways and other important roads will have colour coding so that they are distinctly recognised as FASTag lanes. ICICI and Axis banks, which have been engaged for providing Central Clearing House (CCH) services, will ...

Nagpur gets India’s first ethanol-run bus

Nagpur recently launched a Green Bus project which is the first ethanol-run and environment-friendly public bus. The engines of the buses, manufactured by Swedish company Scania, comply with Bharat Stage 5 norms. The CO2 emissions from the bus will be as low as 15% to 90%;, as compared to diesel run buses. The Union government, Maharashtra government and Nagpur Municipal ...

Systra bags Lucknow Metro contracts

Lucknow Metro Rail has awarded a design and consultation project to the French company Systra France International. The contract for constructing 8km stretch of metro’s priority section has been given to Larsen and Toubro. Systra has over 50 years of experience in designing infrastructure for public transportation and is currently assisting in the Faridabad Metro project. Systra has offered contemporary, ...

Cement to replace bitumen

The Union government has decided to use cement for new road projects, replacing bitumen. The use of cement is estimated to bring down long term maintenance costs of road projects significantly, though they are expensive to build. Cement roads that do not cost more than 20% to build than bitumen roads will be given the go-ahead under the new policy. ...

DDA to build Integrated Passenger Terminals

The Delhi Development Authority plans to construct elevated roads and upgrade existing roads to provide seamless connectivity in the city without passing through the inner roads. This would help decongest some of the critical roads in the City – Urban Extension Road-II, extension of Chattarpur & Mandi Road, Dwarka Expressway and new connections from Noida and Faridabad. DDA will also ...

Research on alternative fuels and energies

The Ministry of New and Renewable Energies is coordinating with different academic institutions to develop new and renewable energy technologies like fuel cell, hydrogen and alternative fuels. The Ministry is supporting research projects at academic institutions, research & development organizations and private companies engaged in such research. About 40 such research projects are being implemented: production of hydrogen using different ...

Mumbai to get pilot ATC project

The Brihanmumbai Municipal Corporation will install 50 new Area Traffic Control signals in Mumbai to reduce traffic congestion at traffic junctions. Once a time is set for a signal at a junction, the sensors installed in the road assess the number of vehicles passing through the different arms of the junction and the ATC system dynamically adjusts the signal cycle ...