Toll Collection

In FY24, the revenue growth will continue to be strong, but it will be a lower 9-11 per cent

IRB Infrastructure Developers on Thursday said its total toll collection across all projects has increased 27 per cent year-on-year to Rs 351.75 crore in February 2023. The company had reported the toll collection at Rs 277.47 crore in February 2022, it said in a statement. IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said that the February 2023 toll collection on all the corridors has once again revealed the consistency and robustness in the growth over last year; thus, reflecting India's economic stability in the post-pandemic era.

Total toll collection through FASTag on fee plazas, including state highway toll plazas, increased 46 per cent to Rs 50,855 crore in 2022, state-owned NHAI said on Tuesday. Total toll collection through FASTag on fee plazas, including state highway toll plazas, in 2021 was Rs 34,778 crore. The average daily toll collection through FASTag on NH fee plazas in December 2022 was Rs 134.44 crore, and the single day highest collection touched Rs 144.19 crore on December 24, 2022, the National Highways Authority of India (NHAI) said in a statement. Similarly, the statement said the number of FASTag transactions also witnessed a growth of about 48 per cent year-on-year in 2022. The number of FASTag transactions in 2021 and 2022 was 219 crore and 324 crore, respectively, it added. The statement said with 6.4 crore FASTags issued as of date, the total number of FASTag-enabled fee plazas across the country also grew to 1,181 (including 323 state highway fee plazas) in 2022 from 922 in the ..

State-owned NHAI has no information about faulty FASTags and the penalties collected from motorists in case their FASTags are non-functional at highway toll plazas. In case a motorist does not have a FASTag or it is non-functional, then the person has to pay double the toll charges at toll plazas. According to the National Highways Authority of India (NHAI), more than 6 crore FASTags have been issued as on October 31, 2022. However, it has no information about the number of faulty FASTag cases and the total amount of penalty collected from users despite having their vehicles fitted with the Radio Frequency Identification (RFID) tag. In response to RTI queries about the number of faulty FASTag cases and the amount of penalties collected from the users for non-functional FASTags, NHAI said, "no such data is available". "Total no. of 60,277,364 FASTags have been issued till 31.10.2022," it said in response to an application filed by PTI under the Right to Information Act. A FASTag a

Automatic number plate reader cameras will read the number plates of the vehicles and automatically deduct the money from the owner's bank account

The recent surge in Covid infections as well as subsequent localised lockdowns emanating from Omicron spread are likely to shave off around 100 bps of growth in toll collections in fiscal year 2021-22

"Once the Delhi-Mumbai Expressway is completed and opened for the public, we will get at least Rs 1,000-1,500 crore as toll revenues every month," he told PTI in an interview.

The number of vehicles, which was rising since the start of the year, dipped to 116.48 million in May when a majority of the states imposed lockdowns to curb the spread of coronavirus

Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016

The National Highway Authority of India in a statement said toll collection across the country through FASTag touched Rs 103.54 crore, with 6.3 million transactions on July 1.

India's toll roads are likely to witness a 14-15 per cent growth in collections in FY22: report

The loss at Rs 487 crore was the highest in Punjab, followed by Rs 326 crore in Haryana and Rs 1.40 crore in Rajasthan

India will do away with toll booths and implement complete GPS-based toll collection within one year, Road Transport and Highways Minister Nitin Gadkari said on Thursday

In the absence of the FASTag, the vehicle owner has to pay double the toll amount as penalty to pass through the plaza

Vehicles without FASTag would have to to pay double the toll fee at electronic toll plazas from Monday midnight

Has now enabled cashless toll payments across 250 plazas in the country

Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles

Icra maintained stable outlook for the Indian road sector

The National Highways Authority of India (NHAI) on Friday said the electronic toll collection through FASTag has crossed Rs 80 crore a day with record 50 lakh transactions per day.

The central government has finalised GPS-based toll collection to ensure seamless movement of vehicles across the country