Thursday , 9 July 2020

News

HMRTC to implement Metro rail corridor

According to the Haryana Government, Haryana Mass Rapid Transport Corporation (HMRTC) will be implementing the revised Gurugram-Manesar-Bawal metro project instead of HSIIDC. The decision was taken after the approving major changes in the existing alignment plan of the proposed Huda City Centre-Gurugram Railway Station Metro corridor. As per the revised plan, the Metro route will now start from the Gurugram ...

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 ...

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, ...

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 ...

Traffic Sensors market to reach $434 mn by 2025: Research

According to an industry research report, the global traffic sensors market is expected to reach $434 million by 2025, up from the currently valued $271.97 million markets. According to the research report, increasing awareness of the adverse effect of road accidents is compelling several cities to implement sensor-based smart traffic signals. According to the report, installation of traffic sensors will ...

Asian Development Bank to aid Chennai Metro

The Asian Infrastructure Investment Bank (AIIB) will aid the second phase of the Chennai Metro project. ADB will fund Rs 2,306Cr to commence the 18-km long elevated structure of the project. The 18-km stretch between Meenakshi College and Poonamallee bypass is part of 26.1 km corridor of Chennai Metro’s phase 2 which will connect from Light House to Poonamallee Bypass. ...

FASTag Payments from Dec

From December 1, payments at all the toll plazas will be through FASTag only. Cash payments will no longer be accepted. Against this backdrop, officials of the National Highway Authority of India (NHAI) have appealed to four-wheeler owners to get the FASTag from the toll plaza operators. The FASTag will be available at all the toll plazas, online purchase sites ...

Hyundai commence study for smart mobility in India

South Korean auto major, Hyundai, has announced the commencement of the feasibility study for fuel cell electric vehicles (FCEV) in India. The announcement was a part of Hyundai’s Strategy 2025 roadmap and their quest to be a smart mobility solution provider from just a vehicle manufacturer. The company aims to electrify most new models by 2030 in important markets South ...

Punjab signs MoU with Virgin Hyperloop One

The Punjab government signed a memorandum of understanding (MoU) with Dubai-based Virgin Hyperloop One to conduct a pre-feasibility economic study for Amritsar-Ludhiana-Chandigarh routes. According to Virgin Hyperloop One, the project will reduce travel time from five hours by road to less than 30 minutes on the Amritsar-Ludhiana-Chandigarh route. The memorandum of understanding (MoU) was signed by K Siva Prasad, Principal ...