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“With NIP in place, we expect speedy project awarding”

In an interview, Satish Parakh, Managing Director, Ashoka Buildcon speaks about government’s recent thrust on speeding infrastructure projects, company’s approach on road safety and smart highways vertical What are the opportunities ABL is eyeing being a Master System Integrator? ABL started thinking of Smart Highways vertical three years back with a vision of overall social development by leveraging the power ...

Electric Highway at Delhi-Mumbai stretch

Indian government is working on an electric highway between New Delhi and Mumbai at a cost of about Rs 1 lakh crore and has already awarded 60% of the contract. The highway will be a 1,300 km, 12-lane green highway, which will pass through the economically backward areas of Haryana, Rajasthan, Gujarat and Maharashtra will help the Centre save Rs 16,000Cr on ...

Mumbai Metro introduces unlimited trip pass

Mumbai Metro One recently announced two new travel products: a return journey token and an unlimited monthly pass. The pass is basically an upgrade of the existing 45-trip monthly pass, which will continue to be available to commuters of Mumbai Metro One. The new pass allows commuters to take unlimited rides on the Metro during the validity period of 30 ...

GHMC to frame policy for multi-level smart parking

The Greater Hyderabad Municipal Corporation is all set to frame a policy and guidelines for multi-level a smart car parking, particularly on vacant land. According to GHMC, the envisaged model would not necessary based on revenue, but would ensure required facilities and safety of vehicles provided at parking lots. Through this policy, interested landowners would sign an agreement with global ...

Gadkari to review 500 projects worth Rs 3 lakh cr

To iron out issues and explore a way forward for pending projects, Nitin Gadkari, Union Minister of Road Transport &Highways and MSME will chair a two-day review meeting of all on-going projects of  NHAI / MoRTH. On Day – One, projects of South Zone (Tamil Nadu, Kerala, Andhra Pradesh, Telengana, Pondicherry, Karnataka) and Central Zone (Chhattisgarh, Rajasthan, Madhya Pradesh and ...

Choosing Off-street over On-street Parking

The panel consisting of V Ramesh, CEO, Varam Parking Pvt Ltd; Nagendra Reddy V, CEO & Founder, VTRAC Worldwide; Udaya Bhaskar Rao Abburu, CEO & Managing Director, iRam Technologies; Arvind Mayar, CEO, Secure Parking Solutions Pvt Ltd and Amit Haware, CEO & JMD, Haware Properties discussed about efficient parking technologies and innovations When it comes to parking, Indians display a ...

Now, a real-time information system for Indian Railways

To increase operational efficiency and enhance passenger safety, state-run Bharat Electronics Ltd (BEL) has commissioned a real-time train information system for Indian Railways. Besides the system provides real-time positional information of locomotives to the railways. It facilitates the automatic acquisition of train movement data, including arrival, departure and run-through timings at all stations en route. The control chart of trains, ...

WB to aid Rs 630Cr for water transport project in Assam

World Bank has signed a loan agreement with the Government of India and the Government of Assam for funding Rs 630Cr modernization of water transport project in the state. The project will support the Government of Assam’s efforts to corporatize its own ferry activities. The Assam Shipping Company (ASC) will operate the government ferries and the Assam Ports Company (APC) ...

iQuippo launches digitise co-lending platform

iQuippo, India’s first digital marketplace for infrastructure equipment, today launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs. The state-of-the-art platform now offers its customers an option to choose offers from different financial institutions; it also negotiates with them online on behalf of the financial ...