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The Union Ministry of Road Transport and Highways (MoRTH) is poised to transition to a Quality-Cum-Cost-based selection system for bidding on various road construction and related projects, replacing the age-old L-1 least-cost selection process. This shift aims to enhance the quality of the
Global road safety body, International Road Federation (IRF) will be conducting a road safety audit on the accident-prone section of Ahmedabad-Mumbai Highway, to identify and remove deficiencies there.The development comes in the wake of the ...
Power regulators for policy corrections to lower tariffs The report on ‘Analysis on factors impacting retail tariff’ suggested appointing a coal regulator to stem inefficiencies in the sector. Synopsis A report by Forum of Regulators, which consists of all electricity regulatory bodies in the country, has made many suggestions, including regulating returns on equity for railways and lowering the return on equity allowed to regulated power projects to 14% in view of low interest rates, to bring down electricity tariffs. Electricity regulators have highlighted “irrationalities” in the ...