Latest news with #LIDAR
Libya Review
5 days ago
- Business
- Libya Review
Chad Minister Oversees Survey For Egypt-Libya-Chad Road Project
The Chadian Minister of Infrastructure, Disenclavement and Road Maintenance, Amir Idris Korda, conducted an inspection tour of major road projects, including the Chad–Libya–Egypt road corridor. During his visit to Amdjarass, the capital of Ennedi Est in northern Chad, the minister oversaw the launch of topographic survey work for the ambitious project. The survey was carried out using drone technology equipped with LIDAR systems, enabling precise mapping over a 10-kilometre stretch in just 30 minutes. The study and design phase of the project has been entrusted to the Arab Contractors Company, represented by Eng. Mohamed El Qiaay, who welcomed the minister and outlined the technical progress. Libya is set to play a central role in this transnational road network, which aims to connect North and Central Africa through a vital trade and development corridor. Egypt has expressed strong commitment to the project, recognising its strategic value for economic integration and cross-border commerce. The Chad–Libya–Egypt road is expected to serve as a critical artery for inter-regional trade, linking the Red Sea to the Atlantic Ocean. For Chad, a landlocked country, the route will provide a long-awaited gateway to global markets, improving the flow of goods and boosting economic activities. Experts consider this project a historic step towards fostering closer economic cooperation between the three nations. It is expected to attract investment from international companies seeking opportunities in infrastructure, logistics, and regional trade. By acting as the transit hub between Egypt and Libya, Chad stands to benefit from improved connectivity, reduced transport costs, and new prospects for industrial development. The project also reinforces Libya's importance as a key transit country for future African trade networks. Tags: ChadEgyptInfrastructurelibya
Yahoo
23-07-2025
- Automotive
- Yahoo
Things Are Looking Really, Really Bad for Tesla
Elon Musk's carmaker Tesla is widely expected to disappoint with its Q2 earnings report later today. Demand for the company's EVs has dried up significantly over the past 18 months, driven in large part by its exceptionally divisive CEO's efforts to alienate buyers at the exact moment that the company is facing a flood of high-quality international competition. Deliveries fell a record 13.5 percent this quarter compared to a year earlier — and the accompanying earnings report, which is set to be released this afternoon, could paint an even more dire picture of Tesla's financials, as CNN reports, highlighting just how far the carmaker has fallen. Despite plummeting car sales, investors have remained resiliently optimistic, with shares rallying 50 percent since hitting their lowest point this year in April. As Bloomberg reports, profit estimates have plummeted — but shares have rallied in response, highlighting an unusual inverse relationship. Shares are up over six percent over the last five days leading up to Tesla's earnings report this week, indicating plummeting revenues aren't a major concern to investors. Tesla bulls have also seemingly looked past president Donald Trump's "big, beautiful bill," which passed earlier this month. The bill will remove a $7,500 tax credit for US-made EVs, as well as a federal fuel economy incentives program, which generated almost $2.8 billion in revenue for Tesla in 2024. The waning demand adds even more pressure on Musk's massive bet on a robotaxi service, which launched in a geo-fenced area in Austin, Texas, last month, opening up the billionaire to criticism that he's abandoning the carmaker's core business in favor of going all in on AI and autonomous ridehailing. But given the chaotic nature of Tesla's extremely limited robotaxi launch, the carmaker still has a lot to prove. Despite the limited rollout, the robotaxis have already caused mayhem on the streets of Austin, from terrifying close calls to reckless driving and broken laws. Whether Musk's vision for autonomous driving will eventually pay off remains unclear at best. For one, critics have pointed out that relying exclusively on cameras — and not radar or LIDAR — is a huge mistake. Tesla also has steep competition, largely in the form of Alphabet's Waymo, which has a massive lead over the EV maker and already operates robotaxi services across several major US cities. In other words, investors will have to subscribe to Musk's vision of a robotaxi service whether they like it or not. The mercurial CEO previously predicted that millions of self-driving cabs would be hitting the street by the end of 2026, which currently feels like an extreme long shot. Musk has also claimed that Tesla's Optimus humanoid robot business would generate obscene amounts of revenue — anywhere up to $10 trillion. But longtime Musk watchers are by now accustomed to hearing him make claims that don't ultimately come true. In short, now more than ever before, Tesla's market value has become a litmus test of how confident investors are in Musk and his personal vision for the tarnished brand. And now that he's had a massive falling out with the president, announcing he would be creating his own political party — a move that itself left investors largely unimpressed — the pressure is on. "The Tesla story is about Musk," Integrity Asset Management portfolio manager Joe Gilbert told Bloomberg. "If he can give confidence to the market that he is re-focused on robotaxi and the brand, the stock can work." More on Tesla: Waymo Responds to Elon Musk's "Schlong Map" by Showing That Theirs Is Bigger Sign in to access your portfolio
New Indian Express
20-07-2025
- Politics
- New Indian Express
Uttam orders urgent completion of SLBC tunnel, ropes in top experts to fast-track work
HYDERABAD: Irrigation Minister N Uttam Kumar Reddy has directed officials to immediately resume the remaining tunnelling operations, including drilling and blasting, of the Srisailam Left Bank Canal (SLBC). Calling SLBC a crucial lifeline for Telangana, he emphasised that its completion must be treated as a top priority and executed with urgency. An estimated 10 kilometres of tunnel work remains to be completed. On Saturday, the minister held a review meeting with officials of the Irrigation department to discuss various issues. During the meeting, he noted that the SLBC tunnel work is being undertaken using the latest electromagnetic survey technology, in collaboration with the National Geophysical Research Institute (NGRI) and the Geological Survey of India (GSI). To ensure precise planning and seamless execution, he directed officials to expedite the aerial LIDAR survey. Earlier in the day, he met NGRI scientists to finalise the technical modalities of the survey. He reiterated that cost would not be a constraint, but quality and speed must be maintained at the highest standards. The meeting also marked the first formal interaction with Colonel Parikshit Mehra, a globally acclaimed tunnel engineering expert who recently joined the Irrigation Department on deputation. The Minister expressed confidence that Mehra's expertise would help resolve long-pending technical challenges and fast-track the completion of the SLBC and other key tunnel projects. He also announced that General Harpal Singh, former Engineer-in-Chief of the Indian Army, would soon be appointed as an Honorary Advisor to strengthen the department's technical capacity and execution capabilities. Meanwhile, Uttam Kumar Reddy instructed officials to prepare a scientific and practical plan for optimal utilisation of water during the ongoing Kharif season. He said the plan must account for current reservoir levels, expected monsoon inflows, and the total ayacut that can be effectively served. He stressed the need for a clear and coordinated water release strategy based on real-time data, crop patterns, and the geography of ayacut areas. 'Our primary objective is to ensure that no farmer suffers due to lack of water. The entire department must work proactively, with foresight and accountability,' he said. He directed officials to closely monitor dams, reservoirs, canals, and related infrastructure, and to take preventive measures to avoid breaches, flooding, or damage. He instructed the department to stay in regular contact with the Disaster Management Wing and ensure strong inter-agency coordination for flood control.
Hans India
20-07-2025
- Politics
- Hans India
Plans afoot to resume SLBC tunnel works
Hyderabad: The Telangana government is all set to resume tunnelling operations in the Srisailam Left Bank Canal (SLBC), where a cave-in had resulted in the death of eight workers in February this year. The government has roped in NGRI (National Geophysical Research Institute) and Geological Survey of India (GSI) to complete the tunnel works. Irrigation minister N Uttam Kumar Reddy conducted an in-depth review of the long-pending SLBC tunnel works and directed the officials to immediately resume remaining tunnel operations, including drilling and blasting. An estimated 10-km of tunnel work remains to be completed. Calling SLBC a crucial lifeline for Telangana, Uttam said its completion must be treated as a top priority and executed with urgency. The SLBC tunnel work is being taken up using the latest electromagnetic survey technology in collaboration with the National Geophysical Research Institute (NGRI) and the Geological Survey of India (GSI). To ensure precise planning and seamless execution, the minister directed the officials to expedite the aerial LIDAR survey. He met earlier in the day with NGRI scientists to finalise the technical modalities of the survey. He reiterated that cost would not be a constraint, but quality and speed must be maintained at the highest standards. The meeting also marked the first formal interaction with Colonel Parikshit Mehra, a globally acclaimed tunnel engineering expert who has recently joined the Irrigation Department on deputation. The minister expressed confidence that Mehra's expertise would help resolve long-pending technical challenges and fast-track the completion of SLBC and other key tunnel projects. He also announced that General Harpal Singh, former Engineer-in-Chief of the Indian Army, would soon be appointed as Honorary Advisor to strengthen the department's technical capacity and execution capabilities. The minister also reviewed water availability across all major reservoirs in Telangana and directed the Irrigation Secretary and Engineer-in-Chief to prepare a scientific and practical plan for optimal utilisation of water during the ongoing Kharif season. He said the plan must take into account current reservoir levels, expected monsoon inflows, and the total ayacut that can be served effectively. He noted that the Irrigation and Agriculture departments had worked in close coordination during the previous Kharif and Yasangi seasons, leading to a record production of 281 Lakh Metric Tonnes (LMT) of paddy.
United News of India
19-07-2025
- Business
- United News of India
Telangana govt to appoint former Indian Army Engineer-in-Chief as Honorary advisor to strengthen Irrigation Dept. technical capacity
Hyderabad, July 19 (UNI) Telangana Irrigation Minister Capt N Uttam Kumar Reddy on Saturday directed officials concerned to immediately resume the remaining tunneling operations, including drilling and blasting. Uttam announced that General Harpal Singh, former Engineer-in-Chief of the Indian Army, would soon be appointed as an Honorary Advisor to strengthen the department's technical capacity and execution capabilities. The Minister, who conducted an in-depth review of the long-pending Srisailam Left Bank Canal (SLBC) tunnel works, said that an estimated 4.8 kilometres of tunnel work remains to be completed. Calling SLBC a crucial lifeline for Telangana, he said its completion must be treated as a top priority and executed with urgency. SLBC tunnel work is being taken up using the latest electromagnetic survey technology in collaboration with the National Geophysical Research Institute (NGRI) and the Geological Survey of India (GSI), he said. To ensure precise planning and seamless execution, the Minister directed officials to expedite the aerial LIDAR survey. The Minister met earlier in the day with NGRI scientists to finalise the technical modalities of the survey. He reiterated that cost would not be a constraint, but quality and speed must be maintained at the highest standards. The meeting also marked the first formal interaction with Colonel Parikshit Mehra, a globally acclaimed tunnel engineering expert who has recently joined the Irrigation Department on deputation. The Minister expressed confidence that Mehra's expertise would help resolve long-pending technical challenges and fast-track the completion of SLBC and other key tunnel projects. UNI KNR GNK
