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SECTOR | 18 Apr 2025

JSW Italy gets a grant of 33 mn from Italian Govt

Business Line

The grant is towards the development of the Rail Mill Modernisation Project being implemented by JSW at Piombino at an estimated project cost of 143 million

Transportation

SECTOR | 18 Apr 2025

Loco pilots seek to lift night curbs on speed control in high-speed trains

Business Standard

Loco pilots and their unions have demanded the lifting of restrictions on the use of a push-button constant-speed control system that allows the loco pilot to fix a desired speed of the train at night in certain railway zones in the country. Loco pilots said 'Button Push Constant Speed' (BPCS) is a computerised system available in all high-speed train engines to help them fix the train speed at a particular point. "Certain sections in a train route are such where the permanent speed restriction is over 130 kmph for a good while of time. In such a case, the loco pilot can set the speed at 130 kmph and focus on safety issues such as signal aspects and other vital parameters," a loco pilot said, requesting anonymity. "The concerned research and safety authorities such as the Research Designs and Standards Organisation (RDSO) have never imposed any restrictions on its use at night. However, certain railway zones like North Central Railway have imposed restrictions on its night use. This

Transportation

SECTOR | 18 Apr 2025

No decision yet on rollout of satellite-based tolling from May 1: MoRTH

Business Standard

The Ministry of Road Transport and Highways (MoRTH) on Friday clarified that no decision has been taken on the nationwide implementation of satellite-based tolling from May 1. The ministry's response came after some sections of the media reported that a satellite-based tolling system would be launched from May 1, 2025 and will replace the existing FASTag-based toll collection system. In a statement, the ministry said that to enable seamless, barrier-free movement of vehicles through toll plazas and reduce travel time, an Automatic Number Plate Recognition(ANPR)-FASTag-based barrier-less tolling system' will be implemented at selected toll plazas. According to the statement, the advanced tolling system will combine ANPR technology, that will identify vehicles by reading their number plates, and the existing FASTag system' that uses Radio-Frequency Identification (RFID) for toll deduction. Under this, vehicles will be charged based on their identification through high performance ANP

Gadkari unveils projects worth 4K cr, says Odisha to get US-like highways

Business Standard | 17 Apr 2025 1 more

Transportation

SECTOR | 17 Apr 2025

SC asks Centre, states to create swift response plan for road victims

Business Standard

The court went on to direct the NHAI to file an affidavit listing the steps to be taken in this regard within six months from today. The States, UTs shall be guided by the protocol forwarded by NHAI

Transportation

SECTOR | 17 Apr 2025

Telangana Seeks About Rs 11,700 Crore Loan From JICA For Hyderabad Metro Rail Expansion

NDTV Profit

Telangana Chief Minister A Revanth Reddy met Senior Vice President of JICA Shohei Hara and other senior managers.

Transportation

SECTOR | 17 Apr 2025

APSEZ acquires 50 mtpa Australian port terminal from group entity

Business Line

APSEZ will issue 14.38 crore equity shares to Carmichael Rail and Port Singapore Holdings Pte Ltd in exchange for acquisition of 100 per cent interest in Abbot Point Port Holdings Pte Ltd

Transportation

SECTOR | 17 Apr 2025

KKR-backed Highways Infrastructure Trust plans to raise 4,950 crore

Business Standard

To deploy money to fund SPVs and refinance

Transportation

SECTOR | 16 Apr 2025

Indian Railways pioneers onboard ATMs in a first for passenger convenience

Business Line

The ATM, is a joint effort with the Bank of Maharashtra under the INFRIS

Transportation

SECTOR | 16 Apr 2025

Money on the Move: ATM installed on Panchavati Express on trial basis

Business Standard

The Central Railway (CR) has installed an automated teller machine (ATM) onboard the Mumbai-Manmad Panchavati Express on an experimental basis, officials said. The ATM, provided by a private bank, has been installed in an air-conditioned chair car coach of the daily express service and will be made available to passengers shortly, they said. "The ATM has been installed on board the Panchavati Express on experimental basis," CR's chief public relations officer Swapnil Nila said on Tuesday. According to the railway officials, the ATM has been put up in a cubicle at the rear end of the coach, a space earlier used as a makeshift pantry. A shutter door has been provided to ensure the safety and accessibility while the train is in motion, they said. The necessary coach modification was undertaken at the Manmad Railway Workshop, the official said. The Panchavati Express, operating daily between Chhatrapati Shivaji Maharaj Terminus in Mumbai and Manmad Junction in neighbouring Nashik...

Transportation

SECTOR | 15 Apr 2025

Ircon International up 5% on 127-crore contract from North Western Railway

Business Standard

Ircon International was trading at 156.31, up 4.5 per cent from Friday's close of 149.60 on the National Stock Exchange

Ashoka Buildcon Share Price Surges 6% After Emerging Lowest Bidder For Rs 569 Crore Railway Project

NDTV Profit | 15 Apr 2025