Toll Collection

FASTag annual pass contributes to 12% of National Highway trips within 3 months of launch

Launched on August 15, the annual pass worth Rs 3,000 gives customers toll-free access up to 200 trips through National Highways in a year, translating into Rs 15 per toll passing, considerably cheaper than the regular fares.

Govt to soon come out with tender for introducing GPS-based highway toll collection system: Gadkari

Gadkari said the pilot projects of GPS-based toll systems of the Ministry of Road Transport and Highways (MoRTH) have been successful and the government will soon come out with a tender for implementing the new toll collection system.

NHAI shelves toll hike on Bengaluru-Mysuru expressway in poll-bound Karnataka

The NHAI’s decision to revise the fare by 22 percent again from April 1 put the BJP in a tight-spot ahead of Karnataka polls, while the party was trying to reap benefits from the project

Toll collected by IRB Infra, its private InvIT arm jumps 27% YoY in February to Rs 352 crore

In the year-ago period, the company had reported a cumulative toll collection of Rs 277.47 crore.

Total toll collection through FASTag grows 46% to Rs 50,855 crore in 2022: NHAI

New Delhi, Jan 24 Total toll collection through FASTag on fee plazas, including state highway toll plazas, increased 46 per cent to Rs 50,855 crore in 2..

State highways with heavy traffic top list for lane expansion, toll collection: Gadkari

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.

Size matters, toll collection revamp to consider weight, distance travelled by vehicle

The government is looking at restructuring the highway toll collection policy by charging the levy based on the size, weight and the distance traveled by a vehicle

FASTag toll collections rise to almost pre-COVID-19 second wave levels in July, comes in at Rs 2,976 crore

The rise in toll collection was mostly due to truck rentals that rose 4-6 percent in July, data from the Indian Foundation of Transport Research and Training (IFTRT) showed.

As lockdowns ease, auto sales, toll collections rise

FASTag toll collections rises 21% in June, as compared to May, to Rs 2,576.28 crore

However, toll collections through FASTag in June were still lower than the Rs 2,776.90 crore witnessed in April and Rs 3,086.32 crore seen in March. Similarly, the total number of FASTag toll transactions were also lower in June as compared to the 16.433 crore seen in April and 19.321 crore transactions seen in March.

Interview | India's road sector withstands second wave, pre-COVID toll revenue in few months, says CRISIL's Jagannarayan Padmanabhan

Companies in the roads sector have gained from the implementation of electronic toll collection and can expect pre-pandemic level of toll revenue in a few months, but the aviation sector will take much longer to revive, Padmanabhan said.

FASTag toll collections fall 31% to Rs 2,125 crore in May from levels in March

The absence of a nationwide lockdown this year may have cushioned the drop in revenue from vehicles using toll roads

Highway revenue rises in FY21 despite COVID as electronic collection surges: Govt

Highways minister Gadkari says mandatory use of FASTag for cashless toll collection has helped revenue increase to Rs 340 billion a year, and is likely to rise to Rs 1.34 trillion in three to four years.

Toll collection likely to grow 15% in FY22: ICRA

Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles, which has picked up significantly over the last three months, thereby surpassing the pre-COVID-19 levels, ICRA said.

FASTag toll collection in December increases by over Rs 200 crore to Rs 2,304 crore

The increased revenue comes after the government announced mandatory rollout of FASTag from January 1, 2021, though it has allowed hybrid lanes on National Highways till February 15 to avoid inconvenience to people.

Toll collections on recovery path; reach 85% of pre-COVID-19 level in July: ICRA

It said there were encouraging trends in traffic in July and about 85 percent of ICRA rated toll road projects have debt service reserve greater than or equal to one quarter of debt obligation and are resilient enough to absorb the COVID-19 induced revenue shock.

Coronavirus lockdown: Collection suspended at all toll plazas across India

In a series of tweets, roads minister Nitin Gadkari said, "In view of Covid-19, it has been ordered to temporarily suspend the collection of toll at all toll plaza across India. This will not only reduce inconvenience to the supply of emergency services but also save critical time."

No toll fees for 25 days led to 20% fall in collections in 2016

The demonetisation exercise proved detrimental to toll collections which dropped a sharp 20 percent year-on-year in the three months to December 2016, reports Financial Express.

Truck rentals recover 18-20% on trunk routes: IFTRT

Truck rentals have recovered by 18-20 percent in December, last year from the previous month low of 25-30 percent on trunk routes on the back of resumption of toll collection on national highways last month and improvement in cash flow in the market, IFTRT said today.