Bank of India Raises Rs 26.90 Bn Through 10-year Infra Bonds at 7.50%

Lucknow To Get Modern Integrated Bus Terminal

The Uttar Pradesh cabinet has approved the development of an Integrated City Bus Terminal and Commercial Zone at the P4 Parking site in Vrindavan Yojna, Lucknow. The project promises to deliver a state-of-the-art facility aimed at improving public transport, easing congestion, and enhancing commuter convenience.Spread over 28,56,728 square feet (7.06 acres), the terminal will be developed on a design, build, finance, operate, and transfer (DBFOT) basis through a public-private partnership (PPP) model. The land, acquired from the Awas Vikas Parishad for Rs 1.5 billion, will be leased to a priva..

Delhi Seeks Pause on Fuel Ban for Overage Vehicles

Delhi Chief Minister Rekha Gupta on Thursday said her administration is committed to long term, clean and sustainable transport solutions, after requesting the Centre’s air quality panel to suspend the sudden fuel ban on end of life vehicles.In a letter to Commission for Air Quality Management (CAQM) chairman Rajesh Verma, Environment Minister Manjinder Singh Sirsa argued that enforcing the ban is unfeasible due to technological constraints. The appeal comes three days after fuel stations stopped serving overage vehicles in the capital.“Faced with the hardships caused to Delh..

Bengal Plans 350 CNG, 25 Electric Buses for Green Fleet

In a major push towards sustainable urban transport, the West Bengal Transport Department is preparing to procure around 350 compressed natural gas (CNG) buses, a senior official confirmed. Additionally, a proposal to acquire 25 electric buses is currently under consideration by the relevant authorities.Rejecting claims of phasing out electric buses due to high maintenance costs and limited battery life, the official clarified that the state remains committed to maintaining a balanced approach between both green alternatives.“There is no such plan to discontinue electric buses. On the contra..