transport and logistics
L&T (Larsen and Toubro) Hyderabad Metro Rail Limited today hinted at the possibility of cost escalation of the elevated metro rail project by about Rs 2,500 crore to Rs 3,000 crore.The Rs 12,132-crore-project may need such additional funding for some of the unavoidable circumstances. These include the initial delay in the appointed date, inflation and [...] Continue Reading »
The L&T Hyderabad Metro rail project has successfully erected the 1,000th viaduct span and completed work on 27 km of metro viaduct in barely 20 months — thereby setting a new construction record! The noteworthy milestone was recently achieved by the Hyderabad Metro rail project when the 1,000th viaduct span was erected. The erection of [...] Continue Reading »
The Tamil Nadu Government has been thinking about the setting up of a monorail project for easing the public transport in Coimbatore. This is the second project in the State the first one was planned in Chennai. This 43.5 km monorail project is structured as two projects with two lines. The transport department also planned [...] Continue Reading »
A new penalty-related rule is being implemented by the National Highways Authority of India (NHAI) for the toll plazas it administers. Under the rule, a penalty of Rs 10 lakh may be imposed by the NHAI on toll collection contractors on National Highways, if they fail to provide the requisite change of Rs 5 to [...] Continue Reading »
After operating the Airport Express Metro Line for a long time since the past one year, the Delhi Metro Rail Corporation last day has made a decision to reduce the level of passenger fares for up to 40 percent. The new rate of passenger fare will be levied from the 24th of July. As stated [...] Continue Reading »
The L&T Hyderabad Metro rail project is likely to suffer delays, escalation of costs, and change in terms of concession agreement; with Telangana Chief Minister K Chandrasekhar Rao having suggested that the alignment of the project should be tweaked in congested business hubs and at a busy road near the heritage structures. The officials from [...] Continue Reading »
