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Bajel Projects shares rise 5% on 'mega' order from Power Grid Corp
Bajel Projects shares rise 5% on 'mega' order from Power Grid Corp

Business Standard

time03-07-2025

  • Business
  • Business Standard

Bajel Projects shares rise 5% on 'mega' order from Power Grid Corp

Shares of Bajel Projects rose 5 per cent on Thursday after it secured an order from Power Grid Corporation worth ₹300 crore to ₹400 crore for a 400kV transmission line. The heavy electrical equipment maker's stock rose as much as 5 per cent to hit an upper circuit of ₹242.7 per share, the highest level since January 1 this year. This compares to a 0.35 per cent advance in Nifty 50 as of 12:55 PM. Shares of the company snapped a three-day losing streak on Thursday, and the stock currently trades 0.6 times the 30-day average trading volume, according to Bloomberg data. The counter has fallen 11 per cent this year, compared to a 7.6 per cent advance in the benchmark Nifty 50. Bajel Projects has a total market capitalisation of ₹2,838.62 crore, according to BSE data. Track LIVE Stock Market Updates Here Bajel Projects bags order from Power Grid The company secured a 'mega' order from PowerGrid Corp, valued between ₹300-₹400 crore, according to an exchange filing on Thursday. The order falls under the Transmission Line Package TL04 for the Siwani–Jind (PG) 400kV double circuit (quad) transmission line, part of the REZ Phase IV (6GW) Bikaner Complex. The contract involves the construction of a 99-kilometre transmission line and was awarded through the tariff-based competitive bidding route. The project is expected to be completed within 18 months and is placed by PGCIL on behalf of its special purpose vehicle, Power Grid Siwani Transmission Ltd. 'We are proud to contribute to the nation's green energy initiatives by strengthening the transmission system for the REZ Ph-IV, Bikaner complex," said Rajesh Ganesh, managing director and chief executive officer, Bajel Projects. "This project reflects our commitment to delivering high-quality, timely, and efficient solutions that power India's growth." Last week, the company said it had secured a 'Large' order for a substation project in India. The project involves the development of a 400kV GIS and a 765kV AIS extension substation. About Bajel Projects Bajel Projects (Bajel) is among the prominent players in the power infrastructure space, with a strong foothold in both the Power Transmission and Power Distribution sectors. Formerly operating as part of Bajaj Electricals Limited under its EPC division, the company is widely recognised for its robust project management capabilities and operational excellence, earning it the trust of numerous state and national utilities, international clients, and private infrastructure developers.

Delhi plans unified transport authority to streamline mobility, integrate metro, RRTS, buses
Delhi plans unified transport authority to streamline mobility, integrate metro, RRTS, buses

Time of India

time19-06-2025

  • Business
  • Time of India

Delhi plans unified transport authority to streamline mobility, integrate metro, RRTS, buses

Delhi government is planning to establish a Unified Metropolitan Transport Authority (UMTA) to enhance coordination among various public transport agencies. Officials said that the body's main task would be to streamline project implementation and boost communication between govt departments. Several agencies work in the mobility sector in Delhi, including the transport department, Delhi Metro and the Rapid Regional Transport System (RRTS). The official said some of UMTA's functions would be to oversee the implementation of various traffic and transportation measures undertaken by various agencies in the region, to integrate various routes of public transport and to take up issues such as combined ticketing and feeder services. Officials said that govt had already made up its mind in this direction, and the proposal was supposed to be brought before the cabinet, but it was later felt that it could be brought into existence without cabinet approval as well. The transport department is working on the plan. There are some other departments that are connected to this issue in some way or another. These include the Delhi Pollution Control Board , traffic police, finance department and urban development department. A task force is being formed, which will have representatives from different agencies working in the transport sector. It will also comprise representatives from all agencies and departments at the local, state, and centre levels, performing any urban transport function for the particular city. "Currently, each agency plans according to its functioning, but UMTA will also ensure geographical integration by including the entire Urban Mobility Area in its jurisdiction and planning purview," said another official. "It will work toward resolving overlapping roles and unclear ownership among transport agencies. Its main objective is to connect various means of transportation like buses, trains, and metro, making travel easier and more efficient for people." UMTA's functions will also include making and implementing plans to reduce traffic congestion in metropolitan areas and ensure smooth traffic flow. Among its functions also are promoting the use of public transportation and encouraging people to use public transport instead of private vehicles. Officials said that the previous govt faced criticism for delays and disputes regarding payments to other govt agencies. These issues would also be tackled by the body in a more coordinated way. The earlier govt's delay in contributing its share towards metro Phase IV projects was a point of contention. Anil Chhikara, faculty at the Asian Institute of Transport Development, said, "Delhi, being the national capital, has layers of transport, be it metro railway, RRTS or the train network. There are different agencies handling their operation and working in silos. So it is important that a unified body exists. One thing that often gets ignored is road safety. So if such a body comes, it should specifically work in this direction."

One City, One Commute: Delhi To Have Unified Transport Authority
One City, One Commute: Delhi To Have Unified Transport Authority

Time of India

time18-06-2025

  • Politics
  • Time of India

One City, One Commute: Delhi To Have Unified Transport Authority

New Delhi: Delhi govt is planning to establish a Unified Metropolitan Transport Authority (UMTA) to enhance coordination among various public transport agencies. Officials said that the body's main task would be to streamline project implementation and boost communication between govt departments. Several agencies work in the mobility sector in Delhi, including the transport department, Delhi Metro and the Rapid Regional Transport System (RRTS). The official said some of UMTA's functions would be to oversee the implementation of various traffic and transportation measures undertaken by various agencies in the region, to integrate various routes of public transport and to take up issues such as combined ticketing and feeder services. Officials said that govt had already made up its mind in this direction, and the proposal was supposed to be brought before the cabinet, but it was later felt that it could be brought into existence without cabinet approval as well. The transport department is working on the plan. There are some other departments that are connected to this issue in some way or another. These include the Delhi Pollution Control Board, traffic police, finance department and urban development department. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Order New Blinds Online & Get $199 Home Installation Learn More Undo A task force is being formed, which will have representatives from different agencies working in the transport sector. It will also comprise representatives from all agencies and departments at the local, state, and centre levels, performing any urban transport function for the particular city. "Currently, each agency plans according to its functioning, but UMTA will also ensure geographical integration by including the entire Urban Mobility Area in its jurisdiction and planning purview," said another official. "It will work toward resolving overlapping roles and unclear ownership among transport agencies. Its main objective is to connect various means of transportation like buses, trains, and metro, making travel easier and more efficient for people. " UMTA's functions will also include making and implementing plans to reduce traffic congestion in metropolitan areas and ensure smooth traffic flow. Among its functions also are promoting the use of public transportation and encouraging people to use public transport instead of private vehicles. Officials said that the previous govt faced criticism for delays and disputes regarding payments to other govt agencies. These issues would also be tackled by the body in a more coordinated way. The earlier govt's delay in contributing its share towards metro Phase IV projects was a point of contention. Anil Chhikara, faculty at the Asian Institute of Transport Development, said, "Delhi, being the national capital, has layers of transport, be it metro railway, RRTS or the train network. There are different agencies handling their operation and working in silos. So it is important that a unified body exists. One thing that often gets ignored is road safety. So if such a body comes, it should specifically work in this direction. "

Metro To Cross Yamuna For Fifth Time
Metro To Cross Yamuna For Fifth Time

Time of India

time27-05-2025

  • Business
  • Time of India

Metro To Cross Yamuna For Fifth Time

New Delhi: Delhi Metro will soon cross the Yamuna for the fifth time, as the new bridge connecting Soorghat and Sonia Vihar metro stations on the 13.4km-long Majlis Park-Maujpur corridor is ready. It is among the 25 bridges present in the 22km stretch of the river from Wazirabad barrage to Okhla barrage. The Majlis Park-Maujpur corridor, an extension of the Pink Line, is likely to become operational this year. "Delhi Metro Rail Corporation (DMRC) successfully completed the fifth bridge over the Yamuna river , a key highlight of the ongoing Phase IV expansion," said Anuj Dayal, principal executive director, corporate communications, DMRC. Spanning a length of 560 metres, the bridge is a balanced cantilever structure composed of two modules, each comprising spans of 280 metres. The bridge rests on nine piers (numbered P188 to P196) and includes 76 piles with permanent MS (mild steel) liners, reflecting the advanced engineering standards employed in its construction. "This bridge marks a technological milestone for Delhi Metro as it is the first Yamuna crossing built using the balanced cantilever technique. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo This specialised method is typically used in areas where traditional ground-based construction is not feasible. Though complex and time-intensive, it ensures structural integrity and minimises environmental impact — especially crucial when building across sensitive floodplain regions," said Dayal. Apart from the civil construction, other vital components such as laying of tracks, installation of signalling cables and overhead equipment (OHE) were also completed, he added. Delhi Metro already has four bridges to cross the Yamuna. Of these, the Yamuna bank bridge on the Blue Line is the longest, with a length of 698.8 metres. It opened on May 10, 2009. The 553-metre-long bridge at Shastri Park on the Red Line is the oldest, as it became operational on Dec 24, 2002. Metro trains started running on the 574-metre-long bridge at Kalindi Kunj on the Magenta Line from Dec 25, 2017. The fourth bridge at Nizamuddin on the Pink Line is 602.8 metres long and opened on Dec 31, 2018. The new bridge will also be on the Pink Line. It has come up between two existing bridges on the Yamuna — the Wazirabad bridge and the Signature Bridge. The bridge will cross the Yamuna at about 385 metres downstream of the old Wazirabad Bridge and 213 metres upstream of the Signature Bridge. The construction of two more bridges on the river in the 22km stretch -- a railway bridge parallel to Loha Pul and the Barapulla Elevated Extension Bridge to Mayur Vihar -- is underway. However, the construction of the RRTS bridge between New Ashok Vihar and Sarai Kale Khan Namo Bharat stations is complete. Namo Bharat trains are already running over the new Yamuna bridge as part of the trial runs currently underway between these two stations. As part of Phase IV, the construction of three priority corridors is underway -- the RK Ashram Marg--Janakpuri West corridor (extension of the Magenta Line), the Aerocity-Tughlakabad corridor (new Golden Line), and Majlis Park-Maujpur. Of the total 13.4km of the Majlis Park-Maujpur corridor, a 4.6km-long stretch between Majlis Park and Jagatpur Village is almost complete. Trial runs started on this section in late Dec last year. This section, comprising three additional stations – Burari, Jharoda Majra and Jagatpur village -- will be opened after obtaining the mandatory approvals. Three more new corridors were approved last year under Phase IV expansion: Lajpat Nagar to Saket G Block (extension of Golden Line), Inderlok to Indraprastha (extension of Green Line), and Rithala-Narela-Kundli (extension of Red Line). In total, DMRC is constructing 112km of new metro lines as part of Phase IV expansion across the national capital.

Ports get smarter with automation push
Ports get smarter with automation push

Borneo Post

time28-04-2025

  • Automotive
  • Borneo Post

Ports get smarter with automation push

An aerial drone photo shows the Qingdao Port in east China's Shandong Province, Feb. 11, 2024. (Xinhua/Li Ziheng) GUANGZHOU (April 29): At a terminal in the port of Guangzhou in Guangdong, south China, the future has arrived: AI-powered cranes automatically unload cargo ships while driverless vehicles navigate docks with clockwork precision. This is China's automated port revolution in action. The Nansha Phase IV terminal in Guangzhou, completed in November 2024, is among the country's 52 fully automated ports as of late 2024, according to the Ministry of Transport. The 52 ports span China's coast line, from Bohai Bay to the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area, forming a network leading in scale, efficiency and technology worldwide. 'Previously, crane operators worked in 40-meter high cabins, straining to see containers below,' said Yang Xuan, a veteran operator at Guangzhou Port. 'Now we operate in the intelligent control room hundreds of meters away from the ship, with much higher efficiency and safety.' The terminal integrates cutting-edge technologies including BeiDou navigation, 5G communications, automated driving and AI. Its intelligent guided vehicles automatically calculate optimal routes, while smart algorithms coordinate all loading equipment. The advancement is rewriting the rules of productivity. In east China's Shandong Province, the automated terminal of Qingdao port set its 11th world record for loading speed in December last year, with each crane handling 60.6 containers per hour on average, more than double that of traditional docks (around 25 to 28 containers per hour). Collaboration between automated ports has greatly improved the efficiency of shipping. The 'FAST' shopping route between Shanghai and Guangzhou has slashed logistics costs by 65 percent compared to road transport. Behind the scenes, China's port automation surge relies on domestically developed systems. According to a report on 2024 global automated container terminals, Chinese terminal operating systems have matured since 1997, when the first domestic version was introduced. Ningbo-Zhoushan Port's n-TOS system optimizes operations through intelligent bay planning and automatic stowage, while Shanghai Port's iTOS system streamlines vessel operations. These innovations have enabled major ports to complete comprehensive automation upgrades. Ports across China are also increasingly integrating AI solutions. In March this year, Sinotrans South China Co., Ltd. launched an AI assistant powered by DeepSeek's language models, allowing clients to run queries on their shipment status in plain language. 'Whether inquiring about berth plans, container movements or loading progress, customers get instant, accurate responses through simple commands,' said Ye Zengjian, a support engineer at the company. – Xinhua automation cargo ship China port

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