Latest news with #UER
&w=3840&q=100)
Business Standard
a day ago
- Business
- Business Standard
Delhi plans 5 km tunnel to link Shiv Murti and Nelson Mandela Road: Details
Delhi Chief Minister Rekha Gupta has announced the construction of a 5-kilometre-long tunnel connecting Shiv Murti–Mahipalpur (Dwarka Expressway) with Nelson Mandela Road (Vasant Kunj). The high-capacity corridor, to be built by the National Highways Authority of India (NHAI) at a cost of ₹3,500 crore, is part of a broader ₹24,000 crore infrastructure package approved by the central government to improve traffic flow and reduce pollution in the National Capital Region. The proposed tunnel will feature two underground tubes, each comprising three lanes, offering a signal-free link between South Delhi, Dwarka, and Gurugram. The project is expected to break ground early next year and will be equipped with modern safety and operational features, including electro-mechanical systems, ventilation, CCTV surveillance, fire control measures, emergency exits, cross-passages, and central monitoring rooms. Speaking on the development, CM Gupta called the initiative a landmark step toward creating the 'Delhi of the future', noting that the tunnel will ease congestion on key bottleneck routes like Rangpuri, Mahipalpur, Nelson Mandela Road, Dhaula Kuan, Rao Tula Ram Marg, and NH-48. "This signal-free corridor will provide relief to millions of commuters and act as a critical link between multiple zones of the capital and the surrounding NCR," she said after a meeting with Union Minister for Road Transport and Highways Nitin Gadkari, where six key infrastructure projects for Delhi were given the green light. The tunnel is also poised to become a strategic connector between Central and East Delhi and several major highways and expressways: Delhi Expressway (NE-5), NH-44 (Delhi-Chandigarh), NH-10 (Delhi-Hisar), NH-48 (Delhi-Jaipur), and NH-709B (Delhi-Dehradun). The route will further integrate with the Urban Extension Road (UER) and Dwarka Expressway, enhancing interconnectivity across regions. Dwarka Expressway tunnel progress The 5.1-km Dwarka Expressway tunnel, part of the larger 29-km expressway project connecting Mahipalpur in Delhi to Kherki Daula in Gurugram, is expected to open to the public soon following successful trial runs that began on May 29. Built at a cost of around ₹10,000 crore, the tunnel is equipped with modern safety features and is aimed at easing congestion near IGI Airport and NH-48. While several stretches of the expressway in Gurugram are already operational, the Delhi section, including the tunnel, is nearing completion. (With PTI inputs)
Indian Express
3 days ago
- Business
- Indian Express
Urban Extension Road to open by August, will boost connectivity between Delhi, UP & Haryana
Come August, it will be easier to travel from Outer Delhi to the Indira Gandhi International (IGI) Airport. The Centre's ambitious Urban Extension Road (UER)-II project is 95% complete, officials have said, and is expected to be finished in two months. It will also bring Chandigarh closer to Gurgaon and IGIA and boost connectivity between the Capital, and neighbouring Haryana and Uttar Pradesh, as per officials. The Rs 8,000-crore project, which is set to halve the travel time between Outer Delhi and parts of the NCR to IGIA, spans 74 km. 'The project will not only reduce traffic congestion but will also curb vehicular pollution, save fuel and cut travel time… it will boost connectivity between Delhi, Haryana and Uttar Pradesh… it will also provide direct connectivity between Sonipat and Gurgaon,' said an official. The project was conceptualised as part of the Delhi Master Plan 2021 as the third Ring Road of Delhi, as per a government document on the decongestion plan. However, the project was later declared a national highway, which has been developed in five packages. Of the total, three packages — 1, 2, and 3 fall in Delhi, and the remaining in Haryana. Currently, Delhi has two Ring Roads — Inner and Outer Ring Road. Easing traffic congestion on the Inner and Outer Ring roads and boosting connectivity across Outer, North, Northwest, West, and Southwest Delhi are among the key aims of the project. The expressway starts from NH-44 in Alipur and ends at Delhi-Gurgaon Expressway on NH-48 near Mahipalpur, passing through the industrial areas of Outer Delhi like Bawana, Rohini, Mundka, Bakkarwala, Najafgarh, and Dwarka — forming a half ring or circle, said officials. The stretch is also set to be a key link between Haryana's Bahadurgarh from West Delhi's Najafgarh, and the Dwarka Expressway and Gurgaon. It also links Eastern and Western Peripheral Expressways with an eye on easing snarls. 'It is one of the most ambitious projects of Delhi and it will connect the Outer and South Delhi, especially the rural parts of the city…The construction of this project will benefit some of the undeveloped areas in Delhi, such as Najafgarh, Mundka, Karala, Alipur, and Bawana, providing quicker access to key locations in South Delhi, Noida, and Faridabad, and improving connectivity to major highways like the NH-48,' the official explained. The project is being developed by the DDA and the National Highway Authority of India (NHAI).
Yahoo
06-02-2025
- Business
- Yahoo
Anew Climate Announces Strategic Service Agreement With Landwärme
Anew Climate to service Landwärme's EEG & green gas contracts under approved strategic agreement. HOUSTON, TEXAS / / February 6, 2025 / Anew Climate, LLC, a leading biomethane and carbon removals company, announced today a strategic agreement whereby Anew will service Landwärme's EEG and green gas contracts. The agreement was recently approved by the Federal Cartel Office and Landwärme creditors, and it is scheduled to close in the coming days. "Anew Climate was selected by the Landwärme creditors committee to manage the company's remaining contracts due to many factors, including its longstanding success in the North American biomethane market, financial backing, and extensive experience in environmental commodities," said Dr. Anna Wilke, restructuring manager. Anew Climate CEO, Angela Schwarz, comments: "As the leading independent marketer of biomethane in North America, Anew brings the expertise and financial strength to fulfill Landwärme's core contracts. With our expansion into Europe through both our Low Carbon Fuels and Carbon Development businesses, we are the ideal partner for Landwärme's customers." Separate from the service agreement between Anew and Landwärme, Anew recently announced its European business expansion. Building on more than 20 years of environmental commodities experience, the expansion enables Anew to offer a full suite of comprehensive products and services to Europe's regulated and voluntary markets. Anew first entered the European environmental commodities markets in 2022 by establishing a carbon removals business headquartered in Madrid, Spain. Anew offices will open in Munich and Berlin, adding to the company's existing presence in Budapest and Madrid. Landwärme entered into self-administration proceedings on August 13, 2024, following the downturn in the German regulated transportation markets, which was fueled by suspected fraud tied to the import of biodiesel and upstream emission reduction projects (UER projects). Landwärme representatives will soon contact their EEG and green gas customers to provide further guidance. About Anew Climate Anew Climate is a global leader of diverse climate solutions built on the principles of transparency and accountability. We bring innovative products and services to the public and private sectors to help reduce or offset their carbon footprints, restore the environment, and ensure our clients' investments create economic value as well as durable climate impact. With deep market understanding, Anew leverages technological and nature-based solutions to create value through the generation and marketing of environmental credits for low carbon fuel, carbon, renewable energy, and emissions markets. Anew is majority owned by TPG Rise, TPG's global impact investing platform. The company has offices in the U.S., Canada, Spain, and Hungary. Contact Information Tracy Willits Chief Communications Officerpr@ SOURCE: Anew Climate, LLC View the original press release on ACCESS Newswire
