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Road Transport Minister Nitin Gadkari gave full information about the new-age business can start on the highway- Union Minister Nitin Gadkari says industry to cash in on new expressway projects | Business – News in Hindi – jj
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Road Transport Minister Nitin Gadkari gave full information about the new-age business can start on the highway- Union Minister Nitin Gadkari says industry to cash in on new expressway projects | Business – News in Hindi

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New-age business can start on the highway, Road Transport Minister Nitin Gadkari gave full information about it

Electric highway is being built between Delhi and Mumbai

Union Minister of Road Transport and Highways Nitin Gadkari says that companies can take advantage of this by installing LNG stations, electric charging stations or petrol pumps in 22 newly constructed express highway projects in the country.

new Delhi. Union Minister of Road Transport and Highways Nitin Gadkari has asked the Indian Businessman to take advantage of the wide potential available in the area of ​​22 new express highway projects. He said that these projects have great potential in areas such as alternative fuels, electric highway and charging stations, which the industry can benefit from. Addressing the conference 'Future fuels for transportation' organized by the industry body FICCI on Wednesday, Gadkari specifically mentioned the Rs 1 lakh crore Delhi-Mumbai Express Highway project.

Opportunities to start business on the highway

He said that companies wishing to install LNG stations, electric charging stations or petrol pumps can benefit in these projects. The minister said, "We are building 22 new express highways including Delhi-Mumbai Express Highway. Work has started on seven of these 22 projects and the industry has a lot of opportunities in them. If companies come forward for this, then we can show them the way. Especially in the case of Delhi-Mumbai Express Highway. Our intention is to complete it in three years. "

Electric highway is being built between Delhi and Mumbai

Gadkari said that an electric highway route is planned on the Delhi-Mumbai Expressway. Land acquisition has been completed for this one lakh crore rupees project. He said that he is going to Sweden to see the e-highways next month. He invited companies to invest in converting highways into e-highways.

Gadkari said that the Reserve Bank has assured that they will allow us to give infrastructure loans for 30 years. In such a situation, if a bank loanable project is for 30 years, then the loan amount will be raised during this period of 13 to 18 years.

This is how electric highway (symbolic photo)

Know about electric highway …The truck will run on Busses Electric in 21st century India. Electric vehicles will make vehicles. This will reduce the cost (logistic cost). Therefore, on the lines of Germany, Sweden and California etc., there are plans to convert the country into electric highway.

Like the metro, trucks or buses will also run on the electric cable above. Let me tell you, before this, Germany has successfully tested on the electric highway to check the increasing pollution. Under which electric wires were laid over the road, which would give power to hybrid trucks. Without which the hybrid trucks can transport goods from one city to another.

Nitin Gadkari says that after completion of the project there will be a period of two years for status quo. An escrow account will be opened after three years of toll collection. A fixed amount will be put into this escrow account.

SBI ready to lend

Like State Bank of India (SBI), five other banks are ready to lend. He said that during the current financial year, the annual income of NHAI will be Rs 40,000 crore and in the coming years it will reach Rs 1 lakh crore.

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First published: January 30, 2020, 10:20 AM IST

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