Harish Mathur, chief executive officer of Noida Toll Bridge expects to implement a rate increase between 10-22%. However, the eligible hike in the rates is above 22%. He further stated that the company expects to get an approval from Noida authorities for the rate hike by the end of next month.
VD Mhaiskar, chairman and managing director of IRB Infrastructure Developers gave his perspective on the latest happenings in the company and industry.