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Toll for vehicles on the Mumbai-Pune Expressway, the first access-controlled road of the country, will increase by 18 per cent from April 1, officials of the Maharashtra State Road Development Corporation (MSRDC) said on Tuesday. A senior MSRDC official said that though the toll increases by six per cent annually, it is implemented cumulatively at 18 per cent after every three years, as laid down in a government notification of August 9, 2004. The new toll will be Rs 320 for four-wheelers like cars and jeeps instead of the current Rs 270, and Rs 495 for vehicles like mini-bus and tempos instead of the current Rs 420, another official said. Toll for two-axle trucks will increase to Rs 685 from the current Rs 585. For buses, it will increase to Rs 940 from Rs 797. Three-axle trucks will be charged Rs 1,630 instead of Rs 1,380 and multi-axle trucks and machinery-vehicles will have to pay Rs 2,165 instead of current Rs 1,835. Toll would remain the same till 2030 as there would not be
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.
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
An Indian-origin man has been appointed to the Board of Directors of the Fort Bend Toll Road Authority and the Grand Parkway Toll Road authority in the US state of Texas. Swapan Dhairyawan, 57, was appointed last week based on his background, community outreach, and financial expertise. I am proud to appoint Dhairyawan to the Grand Parkway Tollway Board of Directors, Precinct 3 Commissioner Andy Meyers said. He is a Certified Public Accountant and understands the importance of being a good steward of the people's money, he added. As a Director of the autonomous body, Dhairyawan will oversee the maintenance, expansion, budget, and economic impact for the county. I am thankful to Commissioner Andy Meyers Precinct 3 for nominating me for this position at the Fort bend Commissioners Court, and I am looking forward to engaging and working for substantive results. The Tollways not only connect people but they are an economic engine for the neighbourhood which gets enriched abundantly,"
The Centre is mulling a scheme under which it will take over state highways having high-traffic density for expansion, Union Minister Nitin Gadkari said on Saturday. Gadkari, who handles the road transport and highways portfolio, said a state highway will be expanded into a four or six lane road by the Centre and toll will be collected for 25 years before handing the asset back to the state. "we will take that highway from the state government (and) will collect the toll," Gadkari said, speaking at a convention organised by the Association of National Exchanges Members of India (ANMI) here. The minister, who has built a reputation for constructing mega road projects across the country, exuded confidence that the money invested for a particular highway's expansion into a 4-6 lane carriageway can be recovered in 12-13 years itself. He, however, did not offer any elaboration on the evinced plan like if the Centre is in talks with any states or the overall outlay under this or if such
The Aam Aadmi Party (AAP) has written to Delhi Lieutenant Governor Vinai Kumar Saxena alleging a scam in toll tax collection by the BJP-led MCD and demanded an inquiry into the matter. The Municipal Corporation of Delhi (MCD) dismissed the claim, saying the company on which the allegations were levelled, was blacklisted for five years. AAP leader and MCD in-charge Durgesh Pathak said toll tax collection is the largest source of revenue for the MCD. "All the toll tax collection in Delhi goes to the MCD. There has been a large-scale scam in the collection of toll tax. In 2017, the MCD gave the rights of collecting toll tax to a firm for approximately Rs 1,200 crore. The company did not pay Rs 950 crore to the MCD and went to the court. The MCD won the case, but till now, no action has been taken against the company," he alleged in a media briefing. Alleging that the MCD suffers a loss of Rs 1,180 crore due to the collusion of BJP and toll tax companies, he said tenders worth Rs 1,200