The state government of Kerala in India has given an in-principle approval to raise auto-rickshaw, bus and taxi fares due to an increase of INR 5 (US$0.10) per litre in diesel prices.
November 30, 2012
Read time: 1 min
The state government of Kerala in India has given an in-principle approval to raise auto-rickshaw, bus and taxi fares due to an increase of INR 5 (US$0.10) per litre in diesel prices.
Kiratpur Ner Chowk Expressway has given IL&FS Engineering Services (IL&FS) a letter of intent (LoI) for an engineering, procurement and construction (EPC) contract in India worth US$263.9 million (INR 14.36bn). Under the deal, IL&FS will undertake a scope of work including minor bridges, five tunnels, 18 major bridges, toll plazas, 67.3km of road work and related infrastructure. The expressway project includes the EPC contract as well as expanding the Kiratpur Ner Chowk section of the National Highway 21 in
Transitioning to zero-carbon transport globally is essential to keep climate change in check. Yet seven years after the Paris Climate Agreement, transport emissions are still rising. In a new op-ed, Nina Elter argues that a radical shift in our approach to transportation sustainability is required. Every year, governments around the world invest more than US$700 billion in road infrastructure. While these investments yield significant economic and social returns, transport continues to generate large costs on societies, in the form of harmful emissions, traffic injuries and lost time due to congestion.
According to a report from Pike Research, hybrid electric vehicles (HEVs) and plug-in electric vehicles (PEVs) combined will represent 3.1 per cent of worldwide auto sales by 2017. Thanks to predicted higher penetration rates in the United States, Pike believes HEVs and PEVs will account for 5.1 per cent of total US vehicle sales in 2017.
