Tags :
Schedule a Call Back
With the assistance of the MoRTH, the aim is to develop high-quality bus ports in the country. The bus ports are expected to be completed with requisite infrastructure and facilities. This will not only improve passenger comfort but also enhance and encourage public bus transportation systems. As reported, the bus port will be developed either as a greenfield or brownfield project, depending on the location suggested by the participating states is found to be suitable in the feasibility study.
In order to align it with the Department of Economic Affairs (DEA), the viability gap funding by MoRTH will remain capped at 40 per cent and will be a uniform ceiling as far as funding is concerned. The MoRTH?s funding of the capital cost will be limited to 40 per cent of the project cost, irrespective of whether the bus port is large, medium or small.
At least one project is expected to be taken up in a state on a pilot base, and thereafter, the state can replicate the model as per its own needs and requirements. The states will reportedly be selected on a first-come-first-serve basis and only those states will be selected that commit to provide access to the buses operated by the private operators.
Subscribe to our Newsletter & Stay updated
Mumbai, 7 July 2025 – The first phase of Mumbai’s long-awaited seaside promenade, part of the Coastal Road project, will open to the public o...
A newly constructed 8-kilometre road connecting Pudi, Karangi, and Melikanchuru in Pachipenta mandal, Parvathipuram Manyam District, was inaugura...
Tata Steel has signed a Memorandum of Understanding (MoU) with Australia-based InQuik Group to introduce modular bridge systems in India, aiming ...