A discount of about 15% and 7.5% on the premium has been allowed for electric and hybrid electric vehicles, respectively
The government is committed to expanding the national highway network across the country with the aim of constructing 18,000 km of highways in 2022-23 at a record speed of 50 km per day, said Gadkari
Ministry of Ports, Shipping and Waterways has finalised guidelines for early resolution of stuck public private partnership projects at major ports, an official statement said on Wednesday. According to the statement, the aim of the guidelines is to facilitate revival of the projects falling in the category of stressed assets, and these guidelines will pave the way for resolution of the cases under arbitration. "The port asset is likely to be put to use through rebidding," it said, adding that the move will result in unlocking the blocked cargo handling capacity of approximately 27 million tonne per annum (MTPA). It will create better trade opportunities for prospective investors and the port authority will start generating revenue. The statement noted that the early resolution of stuck projects will repose confidence in investors and concessionaires, apart from creating job opportunities. In the past decade, the Centre had invited private investments into the sector and several .
Gadkari noted that the road transport and highways ministry has designed the vehicle scrapping policy in a way that allows all types and sizes of investors to come and establish scrapping centres
"In the electric scooter segment, there are about 250 startups that are working right now and they have really made good scooters and all are heavily booked," said Gadkari
Gadkari said in the construction of roads, many ponds have been constructed on the lines of Buldhana pattern and the soil and stones have been used for the construction of roads
Union Road Transport and Highways Minister Nitin Gadkari said in a tweet thread that companies may take advance action to recall all defective batches of vehicles immediately
The government has made fitness testing of vehicles through Automated Testing Stations (ATS) mandatory in a phased manner starting April next year.
India's national highway construction slowed to 28.64 km a day in 2021-22 due to Covid-19 pandemic related disruptions and a longer-than-usual monsoon, Union Road Transport and Highways Secretary said
Investigation will also cover Praise Pro electric scooter of Okinawa Scooters, which in a separate incident in Tamil Nadu, also caught fire and reportedly caused two deaths
This is about 64% of the targeted revenue of Rs 13,000 cr for the current financial year that comes to a close in two weeks
Flex-fuel, or flexible fuel, is an alternative fuel with a combination of gasoline and methanol or ethanol
Union minister Nitin Gadkari on Saturday said the government is targeting a pace of 50 km per day for national highways' construction in the country, and expressed hope that the pace in the current fiscal year will be higher than that in 2020-21. Addressing 'ET Global Business Summit' virtually, Gadkari said the government is giving highest priority to developing the road network near the border areas of Arunachal Pradesh, Himachal Pradesh and Jammu & Kashmir. "Now, we want to go up to (construct) 50 km per day (highway)," he said. The pace of national highway (NH) construction in the country touched a record 37 km per day in 2020-21. The road transport and highways minister said, this week he has signed a file to award contracts for construction of 1,000 km highway. Gadkari said due to COVID-induced disruptions, National Highways Authority of India (NHAI) and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) faced some problems. "But still for this ...
Says aim is to use the technology for enforcement purposes in cities where state govts or civic bodies are falling short
A dive into the logistics challenges involved in setting them up, and the how the parks will work once up
The five projects are: Belagavi-Sankeshwar bypass, Sankeshwar bypass up to Maharashtra border, Chorla-Jamboki-Belagavi, Vijayapura-Muragundi (NH 548B) and Siddapura-Vijayapura(NH 561A)
According to the statement, the minister said Ujjain-Dewas Industrial Corridor will develop and new opportunities for employment generation will be created
Air buses can ply over 30 to 40 km to bring devotees to the Mahakal temple, he said, adding that Madhya Pradesh Chief Minister Shivraj Singh Chouhan has demanded an air bus service
In a written reply to the Rajya Sabha, the Road Transport and Highways Minister said that time for the completion of a project is generally kept two-three years from the date of the award
He added that foreign investors are now making a beeline to invest in Indian road projects but clearly stated a lack of interest on his side to engage