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Home Economy

Austrian-Russian expertise signed for cablecars-airboats

Fiinews by Fiinews
December 16, 2018
in Economy, Investment, Projects, Technology
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Gadkari tells private sector to invest liberally

 

Source: FICCI.
Gadkari addressing the FICCI meeting on 15 Dec 2018.

Austrian-Russian companies will be helping out with cable cars and airboats for travelling across hilly areas and over rivers, said Nitin Gadkari, Minister for Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation.

The state-owned Water and Power Consulting Services Ltd (WAPCOS) has signed a MoU with the Austrian company Dopplemayr Garaventa Group, having technical expertise in building ropeways, cable cars for enhancing the public transportation in hilly areas like J&K, Uttarakhand, Himachal Pradesh thus positively impacting tourism in these states

He said that the government is also collaborating with a Russian company for the feasibility of introducing airboats.

A pilot would be taken up on 26 January 2019 on river Yamuna from Delhi to Taj Mahal. The duration taken is expected to be one hour at an estimated speed of 80 km per hour.

At home, Gadkari called on the private sector to invest liberally in the development of expressways, waterways, irrigation projects, ‘Clean Ganga Mission’ and build industrial corridors.

The call was made by Gadkari at the 91st Annual General Meeting of the Federation of Indian Chambers of Commerce and Industry (FICCI) in Delhi on 15 Dec 2018.

Gadkari said that for the development of expressways, the government had brought down the cost of land acquisition drastically to Rs.80 lakh per km from Rs.7.5 crore per km earlier.

The minister invited industry to consider building industrial corridors along the expressways in view of the reduced land acquisition and labour cost.

He said that the land can even be made available for Indian Railways for bullet trains routes.

He said the access-controlled expressway of Delhi would reduce automotive pollution by 60% in the city as the traffic will pass through the external ring roads without entering Delhi.

The Bangalore-Chennai expressway would be operational from January next year and the 12-lane Bombay-Delhi expressway, currently under construction, would reduce the distance between the two metros by 120 km, he said of the progress and benefits of mega projects.

He suggested the use of methanol and LNG as fuel to reduce the cost of logistics which is 16-18% as of now. The government intent to achieve the target of building roads at 40 km/day by the end of this fiscal year.

Gadkari said that the government had decided to convert 111 rivers into waterways and sought industry’s cooperation in transport of goods on waterways which would reduce the cost of transport to Rs.1 per km, as against road transport cost of Rs.10 per km and railways at Rs.6 per km.

He said under the ‘Clean Ganga Mission’, about 10-15% of the 280 projects had been completed. A total of 150 bio-digester units were to be installed along the river to upgrade the sanitary conditions.

Touching on Ganga-rejuvenation projects, he said by March-end 2019, close to 80% of the river would be clean and in the following year the Ganga would be fully clean, he assured.

He urged Indian industry to contribute to the mission through electronic fund transfer and help create employment opportunities for the local populace.

The Minister said that his ministry will be starting the cleaning work in Yamuna shortly. fiinews.com

Tags: Federation of Indian Chambers of Commerce and Industry
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