Road Transport

Ukraine and the European Union (EU) have extended a deal on road transport liberalisation for one year till June 30, 2024, the Ukrainian government press service has reported

Women in Rajasthan will not have to pay fare for travelling in roadways buses in Rajasthan from Tuesday night. This benefit of free travel will be available for the whole day on Wednesday

The road transport and highways sector has the maximum number of delayed projects at 460, followed by railways at 117 and the petroleum industry at 90, showed a government report. In the road transport and highways sector, 460 out of 749 projects are delayed. In railways, out of 173 projects, 117 are delayed, while in the petroleum sector, 90 out of 152 projects are running behind schedule, as per the latest flash report on infrastructure projects for January 2023. The Infrastructure and Project Monitoring Division (IPMD) is mandated to monitor central sector infrastructure projects costing Rs 150 crore and above based on the information provided on the Online Computerised Monitoring System (OCMS) by the project implementing agencies. The IPMD comes under the Ministry of Statistics and Programme Implementation. The report showed that the Muneerabad-Mahaboobnagar rail project is the most delayed project. It is delayed by 276 months. The second-most delayed project is the ...

The 246-km Delhi-Dausa-Lalsot section of the Delhi-Mumbai Expressway will open to commuters from 8 am on Wednesday, officials said. Prime Minister Narendra Modi had inaugurated the section, which is set to reduce the travel time from the national capital to Jaipur from five hours to around three and a half hours, on Sunday. "The expressway will be opened for the common people from Wednesday. The first toll plaza has been made near Nuh, where the car FASTag will be scanned... Basic facilities will be made available on the expressway soon," Mudit Garg, Project Director of NHAI, said on Tuesday. Those going from Delhi to Jaipur will have two alternative routes. Drivers will be able to reach Dausa in Rajasthan from Alipur in Sohna via Rajeev Chowk using the Delhi-Mumbai Expressway, he said. The expressway was kick started in 2018, with the foundation stone being laid on March 9, 2019. It is expected to halve the commute time between Delhi and Mumbai from nearly 24 hours to 12 hours and

Union Minister for Road Transport and Highways Nitin Gadkari on Wednesday unveiled Skye UTM, touted as the most cutting-edge unmanned traffic management system in the world

More than nine lakh vehicles, owned by central and state governments, transport corporations and public sector undertakings, that are older than 15 years will go off the road from April 1 and new vehicles will replace them, Union minister Nitin Gadkari said on Monday. Addressing an event organised by industry body FICCI, Gadkari said the government is taking many steps to facilitate the use of ethanol, methanol, bio-CNG, bio-LNG and electric vehicles. "We have now approved the scrapping of more than nine lakh government vehicles, which are more than 15 years old, and polluting buses and cars will go off the road and new vehicles with alternative fuels will replace them. "This will further reduce air pollution to a great extent," the road transport and highway minister said. According to a recent notification by the road transport and highways ministry, from April 1, all vehicles owned by central and state governments, including buses owned by transport corporations and public secto

The road transport and highways sector has the maximum number of delayed projects at 428, followed by railways at 117 and the petroleum industry at 88, showed a government report. In the road transport and highways sector, 428 out of 724 projects are delayed. In railways, out of 173 projects, 117 are delayed, while in the petroleum sector, 88 out of 158 projects are running behind schedule, as per the latest flash report on infrastructure projects for December 2022. The Infrastructure and Project Monitoring Division (IPMD) is mandated to monitor central sector infrastructure projects costing Rs 150 crore and above based on the information provided on the Online Computerised Monitoring System (OCMS) by the project implementing agencies. The IPMD comes under the Ministry of Statistics and Programme Implementation. The report showed that the Muneerabad-Mahaboobnagar rail project is the most delayed project. It is delayed by 276 months. The second-most delayed project is the ...

Having signed MoUs worth Rs 1.36 lakh crore with global investors in just two days here, Maharashtra Chief Minister Eknath Shinde on Tuesday said the 'magnets' that have worked in favour of his state include promise of subsidies, faster clearances and an impressive road infrastructure. Here for the World Economic Forum Annual Meeting, Shinde told PTI in an interview that he has met a host of potential investors in just two days of visit and they have shown keen interest in investing in the state and plan to immediately visit Mumbai to put their plans into action. Asked what Maharashtra can offer better than other Indian states to foreign investors, Shinde said the state is committing to offer a lot more than others, including by way of subsidies, better infrastructure and faster clearances. "Whatever they want, we are ready to offer and the state government is fully committed to fulfilling all their genuine demands. Road connectivity is one of our biggest assets and industry is also

The end-to-end mobility solutions showcased in the Surakshit Safar pavilion by Rosmerta varied from production and commercial stage to eco-friendly scrapping

The Delhi government will soon provide digital ticketing solutions compliant with National Common Mobility Card (NCMC) across all its buses run by Delhi Transport Corporation (DTC) and Delhi Integrated Multi-Modal Transit System (DIMTS). The NCMC-compliant digital ticketing solution will enable public transport in Delhi, beginning with buses, to move away from manual ticketing, according to an official statement. The Delhi Transport department issued a notice inviting an e-tender for this on Sunday. Delhi Chief Minister Arvind Kejriwal recently flagged off 50 new electric buses taking the total number of buses running in the city to 7,379. The digital ticketing solution is also part of the Route Rationalisation study conducted by the Transport department whose pilot phase is in progress since October last year. The tender floated by the Transport department includes the supply and operation of Electronic Ticketing Machines (ETMs) for 7,500 buses in Phase 1. In addition, it also ..

The road transport and highways sector has the maximum number of delayed projects at 358, followed by railways at 111 and the petroleum sector at 87, showed a government report. In the road transport and highways sector, 358 out of 769 projects are delayed. In railways, out of 173 projects, 111 are delayed, while in the petroleum sector, 87 out of 154 projects are running behind schedule, as per the latest flash report on infrastructure projects for November 2022. The Infrastructure and Project Monitoring Division (IPMD) is mandated to monitor central sector infrastructure projects costing Rs 150 crore and above based on the information provided on the Online Computerised Monitoring System (OCMS) by the project implementing agencies. The IPMD comes under the Ministry of Statistics and Programme Implementation. The report showed that the Muneerabad-Mahaboobnagar rail project is the most-delayed project. It is delayed by 276 months. The second-most delayed project is the ...

These would be for immediate execution and be overseen by MoRTH

The road transport and highways sector has the maximum number of delayed projects at 243, followed by railways at 114 and the petroleum sector at 89, showed a government report. In the road transport and highways sector, 243 out of 826 projects are delayed. In railways, out of 173 projects, 114 are delayed, while in petroleum sector, 89 out of 142 projects are delayed, as per the latest flash report on infrastructure projects for October 2022. The Infrastructure and Project Monitoring Division (IPMD) is mandated to monitor central sector infrastructure projects costing Rs 150 crore and above based on the information provided on the Online Computerised Monitoring System (OCMS) by the project implementing agencies. The IPMD comes under the Ministry of Statistics and Programme Implementation. The report showed that the Muneerabad-Mahaboobnagar rail project is the most-delayed project. It is delayed by 276 months. The second-most delayed project is the Udhampur-Srinagar-Baramulla rail

To retire debt of seven road projects that it will acquire

The road transport and highways sector has the maximum number of delayed projects at 300, followed by railways at 119 and petroleum sector at 90, showed a government report. In the road transport and highways sector, 300 out of 825 projects are delayed. In railways, out of 173 projects, 119 are delayed, while for petroleum, 90 out of 142 projects are delayed, as per the latest flash report on infrastructure projects for June 2022. The Infrastructure and Project Monitoring Division (IPMD) is mandated to monitor central sector infrastructure projects costing Rs 150 crore and above based on the information provided on the Online Computerised Monitoring System (OCMS) by the project implementing agencies. IPMD comes under the Ministry of Statistics and Programme Implementation. The report showed that a 500 MW Prototype Fast Breeder Reactor being constructed by Bharatiya Nabhikiya Vidyut Nigam Ltd (BHAVINI) is the most delayed project. It is delayed by 168 months. The second most delaye

Next InvIT issuance will have higher reservation for retail investors, says MoRTH Secretary Upadhyaya

The ministry had constructed 10,237 kms in 2019-20, 13,327 kms in 2020-21, and 10,457 kms in 2021-22

National Highways Infra Trust (NHAI InvIT) is looking to raise additional Rs 3,800 crore, Road Transport and Highways Minister Nitin Gadkari said on Thursday. Addressing an event organised by National Highways Infra Trust, Gadkari said that of the additional fundraise, around Rs 1,500 crores are being garnered through an issue of non-convertible debentures (NCDs) with a long-dated maturity of 24 years. These InvIT bonds will be listed on BSE and NSE providing an opportunity for investors to invest and trade, he added. NHAI InvIT is the infrastructure investment trust sponsored by the National Highway Authority of India (NHAI) to support the government's National Monetisation Pipeline (NMP). Gadkari said that the InvIT, so far, has raised more than Rs 8,000 crore from foreign and Indian institutional investors.Infrastructure Investment Trusts (InvITs) are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flo

The Punjab transport department on Monday said its revenue in the first six months of this fiscal is 45 per cent more than that of the corresponding period of the last financial year. In a statement issued here, Transport Minister Laljit Singh Bhullar said the three wings of the department -- State Transport Commissioner, Pepsu Road Transport Corporation and Punjab Roadways -- earned Rs 1,957.64 crore from April to September in this fiscal. This is 45.07 per cent higher than the same period of the previous financial year, he said. Revenue of Rs 1,349.43 crore was collected in the corresponding period of the last fiscal. He said the increase in revenue was witnessed because of the concerted efforts of the Bhagwant Mann government to crackdown against tax evaders and operators plying buses without permits.

Authority plans to slash developer upfront payment, reduce timeline for financial closure