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Delhi gets 500 electric buses, total reaches 1,300 in green fleet
ROADS & HIGHWAYS

Delhi gets 500 electric buses, total reaches 1,300 in green fleet

Delhi Lieutenant Governor VK Saxena and Chief Minister Arvind Kejriwal flagged off 500 electric buses taking the number of such buses in the national capital to 1,300. The Delhi government said the national capital now has the highest number of electric buses operating in any city of the countr...

Delhi Lieutenant Governor VK Saxena and Chief Minister Arvind Kejriwal flagged off 500 electric buses taking the number of such buses in the national capital to 1,300. The Delhi government said the national capital now has the highest number of electric buses operating in any city of the country, adding that over 7,000 CNG buses are plying on the roads. Kailash Gahlot, Minister, Transport, said one CNG bus emits 800 grams of carbon dioxide per km and that one electric bus saves that much amount of carbon dioxide going into the atmosphere. He said that by the end of 2025 the total number of buses in Delhi will go up to 10,480 with 80 per cent being electric buses.

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Infrastructure Transport

Maharashtra, Blackstone Sign Deal for Logistics Parks

In a major boost to Maharashtra鈥檚 industrial infrastructure, the state government has signed a Memorandum of Understanding (MoU) with global investment firm Blackstone Group for the development of over 10 logistics and industrial parks across key locations in the state.The agreement, valued at Rs 51.27 billion in foreign direct investment (FDI), is expected to generate approximately 27,510 direct and indirect job opportunities.The MoU was signed by Dr P Anbalagan, Principal Secretary of Industries, and R K Narayanan, President of Horizon Industrial Parks 鈥� a Blackstone entity 鈥� at Sahyad..

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Real Estate

NBCC Sells 446 Noida Flats for Rs 14.68 Bn

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Real Estate

Mahindra Lifespaces Eyes Rs 100 Bn Sales by FY30

Mahindra Lifespace Developers, the real estate arm of the Mahindra Group, is aiming to more than triple its sales to Rs 100 billion by FY30, up from Rs 33 billion achieved in FY25.Managing Director and CEO Amit Kumar Sinha stated that the company already holds 70鈥�80 per cent of the land bank required to meet this target. 鈥淲e鈥檝e significantly scaled up our GDV (gross development value), but we鈥檙e not under pressure to chase land deals,鈥� he said. GDV represents the estimated revenue a development project could generate upon completion.Mahindra Lifespaces鈥� annual GDV has expanded from..

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