As the federal government explores methods to realize its aim of halving highway accident fatalities by 2030, an rising resolution is the usage of synthetic intelligence (AI) know-how for efficient monitoring of visitors patterns and sensible highway signages to information motorists. The Nationwide Highways Authority of India lately signed a memorandum of understanding with Indraprastha … Read more
The Nationwide Highways Authority of India (NHAI) has invited World Expression of Curiosity (EOI) from revolutionary and certified firms to develop and implement GNSS-based Digital Toll Assortment system in India. The implementation of the World Navigation Satellite tv for pc System (GNSS) primarily based Digital Toll Assortment (ETC) in India will facilitate easy motion of autos … Read more
From 34 km per day in FY24, the tempo of nationwide freeway building is predicted to sluggish to 31 km per day. Credit standing company CareEdge Rankings expects the execution tempo to say no by 7-10 per cent year-on-year — from 12,350 km in FY24 to about 11,500 km in FY25. Amongst different elements, the … Read more
Infrastructure as a theme that spans a number of sub-sectors has been in a lot demand, with shares therein recording spectacular positive factors over the previous couple of years. Nevertheless, one a part of the infrastructure theme, roads and freeway building, has been within the sluggish lane for over a yr now. The Nationwide Highways … Read more
In a season that’s flooded with IPOs of firms, we’ve got a brand new infrastructure funding belief (InvIT) hitting the markets. Bharat Highways InvIT has come out with an preliminary public providing of items to the tune of Rs 2,500 crore. The value band per unit is Rs 98-100. Not like common IPOs, this provide … Read more
It seems to be like there’s by no means been a greater time to hit the street. The Centre’s infrastructure push is facilitating street journey, specifically, considerably. Take into account these numbers: Underneath the Nationwide Infrastructure Pipeline (NIP) plan launched in 2020, roads and highways tasks account for ₹32.9 trillion, constituting 22.3 per cent of … Read more
ICRA has revised its forecast of street awards by the Ministry of Street Transport and Highways (MoRTH) in FY24 to 7,000-7,500 km, a y-o-y decline of 40-43 per cent from its earlier estimate of 9,000-9,500 km. “In 7M FY24, street awards stood at 2,595 km, 48 per cent decrease than 5,007 km awarded in 7M … Read more